You’ve probably heard about Warren Buffett, undoubtedly the most accomplished investor in the world. But what many don’t know is that he’s a fierce advocate for self-improvement, with a treasure trove of advice to better our businesses and our lives.
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Would you believe us if we told you that with Insurance Premium Financing, you can have your cake and eat it too?
Insurance brokers are so much more than just sales people. They’re responsible for managing all sorts of people, solving their problems, and tailoring solutions to make them happy. Customers need to be handled with care, and skilled insurance brokers know how to give each unique one the support they need.
Although the Fulcrum group of companies has been the leading provider of Premium Finance before the pandemic hit, the pandemic brought to light how effective this solution really is.
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change.” —Charles Darwin.
How do brokers benefit from Fulcrum’s Premium Financing solution? And how do they know if Insurance Premium Financing is right for their clients?
We have all had to adapt to a life changed by the pandemic. The insurance industry is no exception. One of the main changes to the insurance industry is the growing role that premium insurance will play.
The digital era is expected to transform the insurance industry radically, forcing old business models out and offering an array of opportunities to innovate.
Premium finance is essentially a different approach to paying for insurance. The client borrows (at an exceptionally low rate) the premium amount from the premium finance provider.