When do I need to hire additional staff to do Insurance Premium Finance Company?

Additional staffing would depend on the amount of volume. Premium finance does not require a substantial number of employees for a smaller portfolio. Having a software like Evolutions that grows as the business grows is the key.

One customer of Evolution’s did about 11,000 loans with only 5 people and another 157,000 loans with 49 people. Volume is the benefactor for what staffing may need to be acquired.