BNP Paribas Personal Finance, part of leading European Bank BNP Paribas, has recruited Michael Phillips as Director of Premium Finance.
The consumer finance business headquartered in Solihull aims to double in size by 2020 and raise its profile within the Insurance Premium Finance market.
This latest appointment signals the company’s commitment and confidence in the future of this market. Backing from the BNP Paribas Group provides stability and reassures brokers, providing a platform to support their growth ambitions.
Michael Phillips brings a wealth of experience with over 25 years in the Insurance market, including roles at Zurich, Aviva and Premium Credit. He is ideally placed to develop a fresh and exciting approach to helping brokers maximise their sales and profit opportunities.
Commenting on his new role Michael added “I was keen to join BNP Paribas Personal Finance given the significant opportunities available to build the business and create a legacy by challenging the existing market.
We’ve reached an exciting point in our Premium Finance offering and I look forward to expanding the business and developing a new operating model to both improve the customer experience and ultimately broker finance penetration to drive growth.”