Talking about an e-revolution.
Brokers can charge clients a higher rate of interest if they move from insurers' schemes to a single premium finance house, especially as finance houses move to electronic data interchange (EDI). Simon Threadgold reports on the dynamics of a fast-changing market.
In principle, premium finance is a brilliant idea for insurancebrokers because it gives them an extra income stream. It also provides
their clients with an easy way to pay premiums by installment
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