Aggregation business Finsure Group has celebrated a 26% increase in its loan book over the last year, drawing more than 1,000 new brokers to its ranks, including Australia’s top broker, it claims.
This growth has propelled the group’s loan book to a monumental $139 billion.
Finsure, which recently bolstered its global presence by inaugurating a new office in Manila, Philippines, achieved a new monthly high with $6.7 billion in settlements in December.
CEO Simon Bednar (pictured above) highlighted the company’s significant advancements.
“The Finsure team and I are extremely proud of our annual results, which confirmed 26% growth in a single year for the loan book,” Bednar said.
The broker network is projected to expand to 4,500 members by 2025, enhancing Finsure’s market influence.
To compare Finsure’s performance with the prior year, click here.
Finsure’s growth strategy has successfully attracted many of the country’s top brokers, including Stephen Michaels, recently named Australia’s number one Mortgage Broker in the MPA Top 100 Brokers 2024.
“We have built some outstanding momentum over the year,” Bednar said.
Noushig Megerditchian, Finsure’s head of sales for Northern Region, praised the company’s flexible model.
“This approach has helped us to grow our network exponentially – to the point where we believe we now have the most brokers of any aggregator in NSW,” Megerditchian said.
Chris Patsouras, head of sales for the Southern Region, reported exciting developments, particularly with the recent addition of BDM Chitranee Joy Williams in South Australia, which has sparked significant interest.
“States like SA and Western Australia offer huge opportunities for us as we know what we can do to help brokers in those areas unlock their full potential,” Patsouras said.
