Macquarie Premium Funding has switched on its new platform, MPF Online.

The successful transition to the new platform this morning follows an 18-month development program.

CEO Gary Seymour says MPF Online has been designed around the results of several broker market surveys. “It will deliver the features and benefits that brokers have emphasised are most important, including enhanced management and loan reporting.”

He says Macquarie Premium Funding has grown over the past three years “to now be recognised as one of the market leaders”.

“In launching MPF Online, we now introduce a leading-edge system to continue our quest to establish ourselves as the market leader in providing payment solutions and funding to insurance brokers.”