Premium funding has long played a critical role in the insurance industry, providing businesses with a reliable way to manage cash flow by spreading the cost of insurance policies over time. The sector has been shaped by well-established financiers who have built deep relationships with insurance brokers, offering stability and structured funding solutions to the market.

As the industry evolves, businesses continue to seek more efficient and flexible financing options to support their growth. Dynamoney, a seasoned player in asset finance and business lending, has recognised this need and is helping brokers and their clients by offering a faster, more agile alternative to traditional premium funding models. Rather than vying to replace existing players, Dynamoney’s intent is to complement the industry by providing businesses with greater access to finance when they need it most.

A Smarter Way to Improve Business Cash Flow

The reality for many businesses is that cash flow remains one of the biggest challenges. Insurance premium funding provides a clear and effective way to ease financial pressure, allowing businesses to allocate capital where it’s needed most.

Dynamoney has built their business with a credit-first focus, meaning they have greater flexibility in structuring deals. Unlike many providers that rely on a single trade credit insurer to underwrite larger transactions, Dynamoney is not bound by these limitations. If a deal makes sense, they can assess and fund it independently, ensuring that businesses aren’t locked out of financing options due to rigid credit structures.

Trent Ireland, Dynamoney’s Head of Insurance, highlights the company’s commitment to flexibility and supporting insurance brokers: “At Dynamoney, we understand the financial pressures that businesses face, and our goal is to provide insurance brokers with the most effective solutions to support their clients.”

Transparent Pricing and Competitive Rates

The Aggregator Broker Commission (ABC) schemes—previously known as Volume-Based Incentives (VBI) and recently repurposed by some lenders into Service Agreements remain a constant in the industry and whilst these well-defined agreements secure access to volume, it means that funders who participate in ABC schemes typically pay for placement, which naturally influences end-client pricing.

Where Dynamoney does have an ABC scheme in place, they work closely with their partners to structure agreements and in doing so deliver transparent and competitive pricing with an overarching commitment to prioritise value to the end client. “We always make decisions with our broker partners with the end client front of mind - a common theme across all product lines at Dynamoney” says Ireland.

Faster Approvals, More Responsive Service

Speed and service remain at the core of Dynamoney’s offering. Traditional premium funding processes can take up to two weeks for larger deals. Dynamoney works to a 24-hour turnaround, helping businesses access funding quickly and efficiently.

Their team is built around a high-touch service model, ensuring brokers and clients have direct access to decision-makers. Their responsiveness is a source of great pride as they aim to set a new benchmark for customer service in the industry.

Expanding Value Through Multi-Product Offerings

Dynamoney’s strength extends beyond just premium funding. Their multi-product offering enables insurance brokers to expand their services by selling asset finance and business loan products, providing additional revenue streams and offering greater client value.

Additionally, they support insurance brokers directly by funding their businesses or assisting in the purchase of client portfolios, ensuring they have the financial backing needed to grow and scale their operations. This ability to provide end-to-end financial solutions makes Dynamoney a valuable partner for brokers looking to enhance their service offering.

“As we continue to grow, we expect to build our value further through our expanding multi-product offerings,” says Ireland. “Not only are we helping brokers with premium funding, but we also provide access to business loans, asset finance, and funding solutions to help brokers themselves scale their businesses.”

Embracing Industry Standards While Driving Innovation

Dynamoney recognises and respect the longstanding relationships that exist within the premium funding industry. Their approach is not about disruption but about providing brokers and their clients with more choice and greater flexibility.

“As we continue to grow our offering within the insurance broker sector, we remain focused on delivering faster, more efficient funding solutions that prioritise business success. We would welcome conversations with any insurance cluster groups looking for a comparison or alternative offering.” says Ireland. 

Looking Ahead: Expanding Our Offerings

Dynamoney’s expansion strategy includes plans to introduce an insurance product that complements their current premium funding solutions. This will further enhance their ability to support brokers and businesses with a more integrated suite of financial products. Additionally, they are exploring ways to embed insurance solutions within their broader asset finance business to provide even greater value to clients.

Their vision is to help businesses succeed by giving them better financial tools. They understand the pressures businesses face and are committed to providing funding solutions that make cash flow management easier, approvals faster, and pricing more competitive.

As Dynamoney continues to scale, the team’s focus remains on working collaboratively with brokers and industry partners to ensure that businesses have the funding solutions they need to thrive. By combining competitive rates, flexible credit solutions, and superior service, Dynamoney is proud to support the growth and success of businesses across Australia.

If you are an Insurance Broker or Insurance Cluster Group and have any questions or would like more information about Dynamoney’s offering, please contact them on ipfloans@dynamoney.com.