The Evolution process
The motor insurance broking community often claims, and only half jokingly, that it could not even afford to put food on the family table if it relied solely on insurer commission. Simon Clayton examines an alternative income stream in the form of premium finance
Enterprising brokers across the land have had to be highly innovative in providing additional services to their customers in order to boost their income. One such service that has exploded in popularity over recent years is the provision of premium finance.
Evolution Insurance (the trading name of ASA Broking), the Northampton-based motor broker, provides a good example of how an insurance intermediary can embrace the opportunity offered by premium finance and turn it from almost a "distress only
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