Golden sings premium finance praises

Premium finance can assist brokers with cash management in the new regulatory environment, said Bob ...

Premium finance can assist brokers with cash management in the new regulatory environment, said Bob Golden, chief executive of Close Premium Finance. He told delegates brokers can outsource cash management or use finance to help with the burden.

Golden said: "Income from premium finance does not have to be disclosed unless the client requests it. Premium finance increases income while reducing administration and helps with cash flow management. It is also not included for determining capital

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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