Finsure Finance and Insurance

27/08/2021

🏆 RECORD BREAKING PERFORMANCE 🏆

Our FY21 Group results have just been published, and we’re pleased to say it’s been a record-breaking year for Finsure with $22.2 billion in settlements, an increase of 42% from last year.

Our CEO John Kolenda had this to say of the results:

“Once again Finsure has demonstrated the breadth and scale of our business with a strong operating result,”

“…the number of accredited brokers increasing by 15% year on year to over 2,000 (and) our total loan book of $56.6 billion grew by 24.5%, reflecting the strength of our broker network and the continued attractiveness of our award-winning service offering.”

Check out the article below to learn more.

https://bit.ly/3zlZVfH

09/08/2021

🥇 Record Breaking Quarter 🥇

Having released our Q4 Group results, we are extremely pleased to report that our record-breaking ways continue, having grown our loan book to its highest ever amount, reached over 2,000 brokers in our network and achieved record monthly June settlements of $2.8 billion.

Our Managing Director John Kolenda had this to say of the exciting results:

“As Finsure approaches its 10th anniversary next quarter, we continue to achieve new milestones and set record growth. During the quarter Finsure’s Loan Book reached $57 billion, and our broker numbers now exceed 2,000. The successful quarter was capped off by record monthly settlements of $2.8 billion in June, which surpassed the previous record set only the month prior of $2.3 billion in May.

Finsure continues to demonstrate exceptional performance across all key areas of the business and is well positioned for ongoing success,” John Kolenda CEO Finsure said.

https://lnkd.in/dvZWTzrj

Aggregator Finsure has grown its mortgage broker force by around a fifth in the 2021 financial year, as parent company BNK managed to increase its loan book by almost a quarter.

29/04/2021

Fraud schemes are becoming increasingly sophisticated, presenting a rising threat to the mortgage industry.

Our Fraud Protection service, delivered as part of our loan processing solution, will assess and verify the authenticity of a loan applicant(s) details, documents and any other supporting material whilst finalising the application for a broker.

Learn more about our leading solution - https://bit.ly/3xDgfYL

An aggregator has introduced an option for brokers to have their loans processed in-house, which includes fraud prevention processes.

29/04/2021

Innovation has always been a cornerstone of our organisation, which is why Finsure Managing Director John Kolenda recently sat down with Australian Broker to chat about how we have emerged stronger than ever since the start of the pandemic and the exciting new developments we have coming up.

The full article will be available in Australian Broker Magazine from 3 May.

https://bit.ly/3e5N7C1

08/03/2021

Today is about having a conversation that is usually avoided. It’s no secret that an imbalance exists in our industry, with action needed to better support equality amongst mortgage brokers.

Our Women in Finsure initiative helps us have this conversation and drive this change in our network – when it first launched, only ~17% of our network were women. At the end of 2020, this has improved to ~31% (nearly 600 brokers)!

More work still needs to be done, but we know we are on the right path. We run regular events so if you would like to learn more or take part, please get in touch.

24/02/2021

To ensure every broker in our growing network receives the same high quality service, we recently promoted members of our sales team and brought on additional support staff.

Congratulations Phillip Donaldson, Noushig Megerditchian, Paul Gollan, Chris Patsouras & Damien Thompson for your promotion to State Managers and welcome Russell Adams, Daisy Yu, Toni Warren Lauren Cosier to the Finsure Family!

16/02/2021

New record! During December, we hit $2 BILLION in settlements for the first time ever...

Well done to our incredible network of mortgage brokers, who continue to reach new heights together.

The aggregation group achieved a new settlement record in December 2020, settling more than $2 billion in one month for the first time.

02/02/2021

How long will the cash rate stay on hold? Finsure Managing Director John Kolenda spoke to Australian Broker earlier today to discuss what the future may hold...

Last February, the rate was held at its then record low of 0.75% – how does this year stack up?

31/01/2021

The future of our industry is looking bright! MPA recently revealed their Young Gun list for 2021, with two of our brokers, Cynthia Xie from My Mortgage Freedom and Mitchell McIntyre from Mcintyre Finance, placing in the top 5. A huge congratulations to you both for such an outstanding achievement.

Meet the 25 up-and-coming brokers who have made it through the aftermath of the royal commission and a global pandemic with incredible settlement numbers – all in their first two years

10/12/2020

We have some exciting news! Over the coming weeks, you'll start to see a new, modern-looking Finsure brand rolled out - just ahead of our 10 year annivesary in 2021.

The updated branding and logo will more accurately represent the group’s commitment to providing “cutting edge broker support solutions”.

Finsure CEO John Kolenda put it best when he said “Finsure has always had a fresh and vibrant approach to delivering mortgage broking aggregation services. We wanted to leverage off that ethos and modernise our look across all aspects of the business to reflect this approach."

Keep an eye out for more updates in the weeks ahead!

CEO says new imaging better reflects group's commitment to providing "cutting edge" broker support

01/12/2020

Whilst the cash rate decision delivered no surprises yesterday, Finsure Managing Director John Kolenda said the RBA could take some "long service leave" over the coming year as positive signs indicating a recovery from the COVID-19 recession start to emerge.

The low-rate environment will continue to benefit the property market and the economy, an expert says