Growth industry
The premium finance industry is showing no signs of reaching saturation point, with new entrants consistently cropping up and vying for a share of this lucrative sector. Angela Faherty reports.
Current hard market conditions have made placing businessincreasingly difficult for brokers and insurers alike. Yet at a time when
many are beginning to feel the strain, the premium finance market sees
continued success and substantial growth.
Providers offering premium finance facilities have reported an increase in
premium finance take-up as well as a rise in the level of interest
expressed by brokers and policyholders.
New companies have not been slow to spot the potential. A number of firms
suc
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