Alongside new customer acquisition, boosting technology investment is key ’to accelerate and build’ out the premium finance business, says chief strategy officer
When finance firm Close Brothers announced in July 2025 that it will focus the growth of its premium finance business towards commercial lines, rival premium finance provider PremFina immediately identified this as an attractive opportunity to scoop up more customers in the personal lines market and support the business to reach its target compound annual growth rate of 85% between 2024 and 2027.
Read more…
Explore more personal lines related content here, or discover other interviews here
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.