A premium promise
The premium finance market is experiencing a period of great growth and offers many fantastic benefits - so why are some brokers still hesitant to embrace it fully? Martin Friel examines the issues and says, perhaps it is worth another look
Premium finance is often hailed as a lucrative and trouble-free source of income, but for many it is still seen as an unnecessary complication for broker and client alike. However, regardless of how you define it, the premium finance market is fighting fit, geared towards further growth and increased penetration of its existing clients. Although competition is fiercer than ever, the potential for capturing new business has never been greater.
Most financing firms report that the uptake of premium
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