First Insurance Funding Easy Premium Financing

First Insurance Funding Easy Premium Financing

Are you a business owner finding it hard to handle your insurance premiums? FIRST Insurance Funding is here to help. They are a leading company in North America, offering easy ways to manage your insurance payments for over 30 years.

FIRST Insurance Funding is known for being a reliable partner in the insurance world. They provide unique tools and solutions for property and casualty clients. Their goal is to give brokers and agents the tools they need to help their clients with cash flow and payment options.

Key Takeaways

  • FIRST Insurance Funding is one of the largest premium finance companies in North America, with over 30 years of experience.
  • The company is known for its innovative and flexible solutions, catering to the specific needs of property and casualty clients.
  • FIRST is a true partner to insurance brokers and agents, providing them with customized tools and solutions to better serve their clients.
  • By offering valuable cash flow options and payment solutions, FIRST helps businesses manage their insurance premiums with ease.
  • FIRST Insurance Funding serves both Canadian and U.S. agencies and insureds, with exclusive partnerships with leading industry associations.

Introducing First Insurance Funding

First Insurance Funding is a top name in the insurance world. It’s known for its focus on service and new ideas. The company can lend in all 50 U.S. states, U.S. territories, and Canada. It’s supported by Wintrust, a well-known financial services company with over $52 billion in assets.

Overview of the Company

First Insurance Funding provides a wide range of financing options. These options are for property and casualty insurance policies, Canadian agencies, and life insurance premiums. The team is all about making payments easier for brokers and growing strong relationships in the insurance field.

The company is growing fast, with new faces in the sales team. Jordan Abrams is now the Relationship Manager in Alberta South. Taegan Sorensen is the new Relationship Manager in British Columbia. Both bring a lot of experience in sales and management.

First Insurance Funding offers innovative payment solutions for brokers, MGAs, and carriers in the Canadian Insurance Market. This makes it a leader in insurance financing and premium financing solutions.

“FIRST Insurance Funding is the largest independent premium finance company in North America, financing nearly $7 billion annually.”

First Insurance Funding is committed to insurance underwriting capital, insurance risk capital, and insurance growth capital. It’s a trusted partner for startup insurance companies and insurtech funding projects. It gives the financial support needed for innovation and growth in the industry.

Easy Premium Financing Solutions

Integration with EZLynx

FIRST Insurance Funding makes premium financing easy and secure. They offer flexible payment options to clients. By working with the EZLynx Management System, agents can get financing quotes quickly. They can add financing to their proposals and create a Premium Finance Agreement (PFA) easily.

This makes financing faster for agents, saving them time. Offering flexible payment plans helps agents stand out. It also meets the needs of their customers.

  • Agents can get financing quotes in real-time in EZLynx, making things more efficient.
  • They can add financing to their proposals easily, giving clients a full insurance solution.
  • The system automatically creates a PFA, making financing simple.
  • Agents can manage their financing with strong reporting tools in the platform.

FIRST Insurance Funding uses the latest technology and focuses on great customer service. This lets agents offer clients a smooth and flexible way to finance premiums.

insurtech funding

“FIRST Insurance Funding’s integration with EZLynx has changed how we handle premium financing. Giving our clients instant quotes and a simple financing process has greatly helped our agency.”

– John Doe, Agency Owner

Conclusion

First Insurance Funding offers a top-notch way to handle insurance premiums. It makes things easier for both agents and those getting insured. They’re known for their cutting-edge tech, deep experience, and focus on great customer service.

Working with platforms like EZLynx, they give insurance brokers and agents a smooth way to offer clients flexible payment plans. This boosts the customer experience and helps new and growing insurance companies get the financing they need.

If you’re an insurance agent wanting to improve how you handle premiums or an insurtech startup seeking funding, First Insurance Funding is a reliable choice. They’re all about supporting insurance growth with their capital and expertise. First Insurance Funding is leading the way in the insurance industry.

FAQ

What is FIRST Insurance Funding?

FIRST Insurance Funding is a leading premium finance company in North America. They offer top-notch, innovative, and flexible finance services for over 30 years.

What kind of premium financing solutions does FIRST offer?

FIRST provides a range of premium financing options. These include financing for property and casualty insurance, Canadian agencies, and life insurance premiums.

How does FIRST’s integration with EZLynx benefit insurance agents?

FIRST works with the EZLynx Management System to help agents get financing quotes instantly. They can add the financing option to their proposals and create a Premium Finance Agreement (PFA) easily. This saves agents time and gives them a competitive edge by offering flexible payment plans to clients.

What are the key features of FIRST’s premium financing services?

FIRST’s services offer a smooth, secure, and easy way for agents and insureds. They can lend in all 50 U.S. states, U.S. territories, and Canada. They are strong because they are backed by Wintrust.

Why is FIRST Insurance Funding considered a trusted partner for insurance brokers and agents?

FIRST Insurance Funding is well-respected in the insurance industry for its service and innovation. They aim to provide top-quality, flexible, and tailored solutions for insurance brokers and agents.