Brokers

Premium Financing

Flexible premium financing solutions help your clients manage cash flow while securing the coverage they need.

Venture Swoosh

What is Premium Financing?

A premium finance agreement is a specialized loan facility issued for the purpose of paying for insurance coverage. This agreement enables the policyholder to spread payments over the course of the policy rather than paying in full up front. The policy itself serves as collateral, eliminating the need for additional collateral and facilitating an easy application and approval process.

What is premium financing?

Benefits to Broker

  • Improved cash flow
  • Earn annualized commission up front
  • No added transactional costs for billing, mailing, collection, etc.
  • More flexible payment options for your clients
  • Same day quotes

Benefits to Policyholder

  • Improved cash flow
  • No need to exhaust the businesses’ line of credit
  • Low financing rates
  • Better installment plans
  • Ability to also finance Endorsements to a policy

Robert Mulhern

Executive Vice President
Northeast, Mid-Atlantic, South West Regions

Robert Mulhern is the Executive Vice President at Venture Programs. Since joining the company in 1994, he has played a key role in underwriting and program management, previously serving as a senior underwriter and manager for the PREFERRED CLUB program. Currently, he leads the national sales efforts for PREFERRED CLUB and oversees broker relationships across the Northeast, Mid-Atlantic and Southwestern territories.

Recognized as a leading authority on club insurance issues, Rob has been featured in numerous golf industry publications for his expertise. Before joining Venture, he was a senior commercial lines underwriter at Philip J. Harvey & Co., Inc. specializing in middle-market business. Rob holds a bachelor’s degree in Business Administration from New Hampshire College and a Pennsylvania property & casualty agent license.

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