Analysis

New premium finance rules – what does it mean for the industry?

By 2021-05-25T07:25:00

piles of pound coins

Brokers are going ’to have to change the way they do business’ around premium finance following the FCA’s pricing reforms, says insurance premium finance chief executive

The FCA’s new rules for premium finance aim to do away with high interest being charged for customers that want to spread the cost of their insurance premiums over a few months.

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