Premium finance provider Singer & Friedlander Insurance Finance (SFIF) has launched a broker partnership programme.

It has already signed up Giles Insurance Brokers and FJ Lock & Associates for the partnership, which offers preferential interest rates, advanced commission and support.

Each broker partner will receive backing from Singer & Friedlander to assist with group training.

Ian Jerrum, chief executive of Singer & Friedlander Insurance Finance, said: "Singer & Friedlander will be working closely with its broker partners to ensure they get the most out of premium finance.

"The Broker Partnership is an exciting addition to our range of services, providing selected leading brokers with a dedicated team, competitive rates and guaranteed superior service standards.

"Premium finance can benefit insurers, brokers and customers, which is why we are offering our leading brokers the chance to exploit this potential and all the opportunities it presents."