How do I start an insurance premium finance company as an insurance company?

Obtain the necessary licenses and permits and ensure compliance with state and federal regulations governing insurance premium financing.

Develop robust risk management policies and procedures to assess and mitigate credit risk, interest rate risk, and operational risk associated with lending activities.

Develop a marketing strategy to promote your premium finance services to potential clients. This may include online advertising, direct mail campaigns, and networking within the insurance industry.

Here at Evolution, we have all the tools to help you become a successful Premium Finance Company.