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Guide: Premium Finance
When choosing a premium financing company, it is essential to research its reputation and financial stability, customer service quality, and technology integration capabilities. Do they have competitive rates and flexible terms? Are they committed to regulatory compliance and transparency?
Catalyit's Advice
Perform due diligence regarding their reputation and financial stability.
Evaluate the quality of their customer service support for your agency and your clients.
Is their technology platform easy to use, and does it integrate with your existing systems?
Do they offer competitive rates and flexible terms?
Verify that the company complies with all relevant regulations and industry standards.
Steve Anderson's Take
“Premium financing has been an option for insurance agents for a very long time. What’s changed? Many premium finance companies have been at the forefront of adopting technology to make quoting, contract completion, and payment as frictionless as possible. They are now integrating with digital payment companies to offer clients one place to go for premium payments.”
The Players
Take a closer look at all your available options by visiting their profiles.
AgentSnap makes selling and binding agency billed policies as easy as sending a link to your customer’s phone, allowing agents to easily invoice their customers.
PayMyPremiums is a digital payment, billing, collection, and financing solution. It provides financing and full-pay options, credit card payments, and free ACH payments.
More Options
Premium Finance Enhancements
PAVO is a marketplace and management portal for any size agency to gain access to premium finance solutions.
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Our team of industry leaders can help you maximize your existing technology, discover and evaluate potential alternatives, and even assist with implementing new solutions in your agency.
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