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Putting a Premium on Technology

Developments in IT are making a big difference to the premium financesector and its clients, writes Sarah Young

Information technology is undoubtedly becoming a key factor in thepremium finance (PF) sector, and, as part of the right business strategy,it can offer considerable competitive advantage. But how exactly is the PFsector using IT innovations to improve the level of service it provides tocustomers and brokers?

The chief executive of Singer & Friedlander, Ian Jerrum, gives an example:"One important step we have made is to update our web presence, which weintroduced originally in 1998. Our new system

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Yutree outlines plans after MBO

Laura Hancock, managing director of Yutree Insurance has outlined plans for the future following a management buyout, including opening an office in Norwich.

Should you sell your broking business to an Employee Ownership Trust?

Tax-efficient exit strategies and staff incentivisation have become hot topics among broker leaders since the recent increases in Capital Gains Tax and Employer National Insurance. In the second part of a series focused on the fallout from the 2024 Labour Budget, Catherine Heyes examines how broker owners can use Employee Ownership Trusts to respond to these developments.

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