Added value.

Premium finance adds real value to a broker's business, says Simon Pearce, and the sector is booming as brokers take a shine to it.

It is fair to say premium finance touches all UK insurance businesses
to a greater or lesser degree. The majority of premiums paid by clients in
instalments are still arranged by composite insurers, however, despite the
interest created by third party financiers.


Insurer instalment schemes will continue to be a part of a broker's life,
albeit less so with the gradual disappearance of interest-free
instalments.


As the insurers themselves would agree, however, these schemes are usually
designed to