Bexhill says it is a seeing a demand from brokers for new premium finance solutions

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Bexhill UK, the insurance premium finance provider and part of Orchard Funding Group has appointed a new commercial director.

Vidur Jain will work with chief executive Ravi Takhar to develop new products, new lines of funding and fresh technology initiatives.

Bexhill said that Jain was joining the company at a time when it was seeing a demand from brokers for new premium finance solutions. 

Takhar said: “Vidur brings excellent credentials to our business, particularly in terms of his knowledge of alternative finance models and technology.”

Jain added: “The lending market is a particularly exciting place to be at the moment thanks to the innovation that is going on, but also the untapped potential within the broker space.”