Loan dangers.
The Independent collapse proves that when it comes to premium financing, it can be the finance providers themselves that ultimately pay the price. Simon Threadgold calculates the risks.
Policyholders were not the only ones to be shocked when Independent Insurance became insolvent. Premium finance providers also received a jolt. Epsom-based Premium Credit was particularly affectedOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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