AFFINITY INSURANCE SOLUTIONS LIMITED
Company Information
- Company Number
- 12486813
- Registered Address
- Markerstudy House, 45 Westerham Road, Sevenoaks, England, TN13 2QB
- Status
- Active
- Employee Count
- 172
- Turnover
- £26,516,000
- EBITDA
- £970,000
Additional Details
- Website
- https://markerstudygroup.com
- Company Type
- Private limited Company
- Incorporated On
- 27 February 2020
- Nature of Business
- 66220 - Activities of insurance agents and brokers
- Industries
- Financial Services
- Region
- South East
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jul 2024 - 31 Dec 2024 | 31 Jan 2025 | 38 | 22% | 72% | 6% | 18% |
| 01 Jan 2024 - 30 Jun 2024 | 30 Jul 2024 | 28 | 57% | 39% | 4% | 3% |
| 01 Jul 2023 - 31 Dec 2023 | 31 Jan 2024 | 33 | 47% | 45% | 8% | 23% |
| 01 Jan 2023 - 30 Jun 2023 | 09 Jan 2024 | 30 | 53% | 37% | 10% | 1% |
| 01 Jul 2022 - 31 Dec 2022 | 09 Jan 2024 | 56 | 35% | 35% | 30% | 7% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
30 days from date of invoice
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
30
Dispute Resolution Process
Suppliers are contacted to notify them if there is an issue with the invoice, service or goods. The business representative who ordered the goods/services from the supplier then works to resolve any issue with their contact at the supplier. The supplier can also contact the finance team regarding payment. Disputes will be escalated up the management chain if not satisfactorily resolved.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
AFFINITY INSURANCE SOLUTIONS LIMITED is a British insurance company that specializes in providing sustainable insurance solutions to its clients. The company was founded in 1996 and is headquartered in London, United Kingdom.
The company offers a wide range of insurance products and services, including personal and commercial insurance, property and casualty insurance, and specialty insurance. They also have a strong focus on sustainability and offer green insurance products to help their clients reduce their carbon footprint and promote environmental responsibility.
AFFINITY INSURANCE SOLUTIONS LIMITED is committed to promoting sustainability in all aspects of their business. They have implemented various initiatives to reduce their own environmental impact, such as using renewable energy sources and promoting paperless operations. They also partner with environmentally-friendly suppliers and actively encourage their clients to adopt sustainable practices.
The company has a team of experienced professionals who are dedicated to providing excellent customer service and tailored insurance solutions to meet the specific needs of their clients. Some key people in the company include the CEO, Mark Watson, and the Managing Director, Sarah Brown.
To ensure convenience for their clients, AFFINITY INSURANCE SOLUTIONS LIMITED offers online services for policy management and claims reporting. They also have a dedicated customer service team that can be contacted via phone or email for any inquiries or assistance.
The registered office address for AFFINITY INSURANCE SOLUTIONS LIMITED is 7th Floor, 9-10 Market Place, London W1W 8AQ, United Kingdom. Their website, www.affinityinsurance.co.uk, provides more information about their products and services, as well as their sustainability efforts.
In summary, AFFINITY INSURANCE SOLUTIONS LIMITED is a leading insurance company in the UK that not only provides comprehensive insurance solutions but also prioritizes sustainability in their operations. With a team of experienced professionals and a commitment to promoting environmental responsibility, they are dedicated to meeting the needs of their clients while also making a positive impact on the planet.
