Imperial Finance & Trading, LLC, a leader in premium finance for life insurance, is preparing for a booming marketplace. With more than 100 employees Imperial is poised to strengthen its position as the leader and innovator in the premium financing market.
Starting in January, the first of an estimated 78 million Baby Boomers turn 62 years old and become eligible for Social Security.
"As the enormous wave of Baby Boomers become senior citizens, the need for Imperial's Premium Finance products, which assist affluent seniors with their personal financial planning and estate planning and preservation needs, are expected to experience exponential growth in "˜08 and beyond," stated Deborah Benaim, Senior Vice President, Retail Premium Finance.
"In anticipation of Baby Boomers exploding into the senior services marketplace and the increased demand for our premium financing products, Imperial is broadening its national presence by increasing the number of sales representatives while still focusing on its core high-quality underwriting standards," continued Benaim.
"We have had such an exciting and successful year in 2007 and look forward to 2008," said Benaim. "In less than a year, this division has grown to be one of the preeminent retail life insurance premium finance providers in the United States. In my prior professional experience, I have never seen such intense and sustained growth and demand for a financial service."
Benaim has been involved in the financial services and senior healthcare businesses for the past twenty years. Prior to joining Imperial, she was managing director of Peach Holdings' Structured Settlement division and was responsible for all day-to-day operations of that business.
Premium financing is a service which enables wealthy individuals, or their heirs, to secure a life insurance policy without liquidating their current assets. Potential benefits of this type of financing include cash-flow flexibility, tax savings and wealth creation for the policyholder's heirs.
About Imperial
Imperial Finance & Trading, LLC is a specialty finance company focused on the premium finance and life settlement industries. Premium financing is a service which enables individuals to secure a life insurance policy without liquidating their current assets. Imperial is headquartered in Boca Raton, Florida. For more information please visit www.imprl.com.
For further information contact Darcy Sullivan at dsullivan@imprl.com or (561) 995-4350.