Finsure Premium Finance is launching a new commercial product to allow clients to pay for their insurance in instalments.

A successful pilot scheme, through a selection of Finsure's brokers, came before the launch of the product – branded as Finsure Commercial.

It claims to offer competitive rates of interest and allows brokers to agree an override commission to suit their needs.

A specialist team has been set up and is now in place at Finsure's Peterborough office. It is head by Grahame Beard and Clare Davis.

A broker guide is available from Finsure Commercial.