Cananwill Ireland
Cananwill Ireland was established in 2002 to offer the benefits of Cananwill's superior premium finance service to our clients. Our parent company, Cananwill Inc., is one of the largest companies in the world in this business, providing approximately $5 billion worldwide in annual loans for the payment of insurance.
Cananwill offices are authorised to offer premium finance loans to their clients, subject to some simple rules. We can also tailor loans to client's specific needs, and provide finance for fees, inspections and multi-year or multi-currency deals. Our documentation is easy to complete, and once signed by the client, does not require renewal annually. We do not require a deposit cheque, as all payments and collections are normally effected by direct debit. We can fund all types and values of general insurance premium, subject only to a minimum charge of EUR 50.
The principal purpose of premium finance is to smooth client's cash-flow through the payment of premiums on a monthly basis. Cananwill's service can also be used as a substitute for insurer instalment schemes, providing greater flexibility, and often benefiting from a discount from the insurer in return for up-front payment.
Cananwill Ireland has developed a highly efficient dedicated system using sophisticated online computing, which can cut costs and eliminate unnecessary clerical work.