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Video Q&A: Close Brothers Premium Finance on how brokers can grow business in challenging times

In a deteriorating economic climate, where businesses and consumers are struggling with inflationary pressures and higher bills, brokers are exploring every avenue to help customers maintain the right level of insurance cover and avoid leaving themselves unprotected.

Premium finance offers the opportunity for customers to spread costs and make insurance more affordable, but what factors should brokers consider when offering this solution?

In this video, Seàn Kemple, managing director of Close Brothers Premium Finance, discusses the findings of the 2022 Insurance Age Broker Barometer survey showing that more brokers are turning to premium finance as a source of business growth.

He also explains to Insurance Age commercial editor, Izabela Chmielewska, the important role premium finance can play in bridging insurance gaps and protecting against underinsurance.

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