Premium Credit reported £6 billion (€6.9 billion) in lending volumes in 2025, citing rising demand for outsourced premium finance services during regulatory scrutiny in the UK insurance market. The company provided instalment payment options to more than three million customers in the UK and Ireland, compared with 2.9 million in 2024.

Insurance Business reported that demand for instalment finance services has increased alongside changes in the regulatory environment, particularly within insurance distribution and payment arrangements.

Tara Waite, chief executive of Premium Credit, said: "We achieved another year of strong growth, with our lending volume reaching the £6 billion milestone, while we maintained margin discipline and operational efficiency. Building on last year's record performance, this year represented our strongest financial results to date and demonstrates our ability to sustainably grow, reflecting the effectiveness of our strategy and disciplined execution across the business."

Financial results showed EBITDA of £121 million (€139.7 million), up from £113.3 million (€130.8 million) in 2024, supported by growth in lending volumes and higher total income. Total income reached £196 million (€226.3 million), compared with £184.9 million (€213.5 million) the previous year.

The company reported a loss ratio of 0.15 per cent, compared with 0.23 per cent in 2024, attributed to underwriting policies, credit protections embedded in products, and the short duration of the loan book.

Lending growth came from both main operating divisions. Insurance services lending rose 8.6 per cent to £5.3 billion (€6.1 billion), whilst specialist finance increased 13.6 per cent to £712.8 million (€822.8 million).

Premium Credit estimates that instalment payment volumes in insurance across the UK and Ireland represent a serviceable addressable market of approximately £60 billion (€69.3 billion).

Read Premium Credit's full annual results and strategic plans for instalment payment services across UK and Ireland markets.