All of us at Premium Finance Brokerage have been very busy lately continuing to build on our goals of delivering the best premium finance experience in the industry and promising to never lose the passion to satisfy the needs of our customers. In support of these goals, we wanted to ...

Cyber Security insurance is one of the fastest growing segments in the insurance industry. Annual premiums have reached an estimated $10 billion and are expected to grow to nearly $23 billion by 2025, according to Fitch Ratings. Also, composite cyber insurance pricing increased 48% in the U.S. in the third quarter ...

Over the past year, trucking and transportation insurance has become an even more difficult niche in the insurance industry. Insurance carrier market options are declining while the ones that remain are making changes to underwriting criteria and increasing pricing. Insurance premium financing of trucking and transportation policies has similarly become ...

At different times throughout the year, particularly now, you can run across seasonal policies or businesses that need financing. If so, please don’t get frustrated or intimidated by these accounts. Although different, they are not outside of the realm of premium financing and PFB is here to help. Some of ...

Have you ever had a situation where a policy, premium or balance due to the agency doesn’t fit into what the premium finance company finances? If so, read on as Premium Finance Brokerage (PFB) has solutions! Some examples of items that may not fit are short-term policies, non-financeable fees or ...

Does your premium finance representative work for you or for the premium finance company? At Premium Finance Brokerage, we work for YOU! Like independent insurance agents, we work for our clients and represent multiple providers. This enables us to provide the most competitive financing program for all of your business. ...

In the world of commercial insurance, you are almost certain to run into a Risk Retention Group (RRG), a liability insurance company owned by its members, or an unrated carrier, one that does not carry an insurer ‘financial strength rating’ given by a rating agency like A.M. Best. Both can ...

For this edition of our News Post, we are going to pivot and share a personal, human-interest story and the associated importance of CPR training. Recently, one of our associates at PFB had a health emergency that rendered her unconscious as her heart had stopped. Fortunately, her son was home ...

Could your agency benefit from any of the following? A premium collection and financing tool all in one Reduce time spent on premium collection Eliminate paper and time wasted handling documents Ability to collect down payments immediately when financing A FREE tool to help manage all of this If you ...

What is the Prime Rate? How does it relate to insurance premium financing? What else influences premium finance rates? These common questions and more addressed here! The Prime Rate is the most common and widely recognized index in the financial markets. It is used as a starting point for all ...

Providing good service isn’t an option these days, it’s a requirement. Although many companies say they provide good service, what does that actually mean and how does it benefit the customer? With Premium Finance Brokerage we can answer those questions. Premium Finance Brokerage is committed to the strictest ethical and ...

Can insureds in bankruptcy obtain premium financing? Are there special forms required for premium finance loans for insureds in bankruptcy? What are the agent’s responsibilities? These are all important questions that will be addressed. The most important question on this topic is can an insured in bankruptcy finance their insurance ...