Toronto, ON (May 3, 2016) – FIRST Insurance Funding of Canada (FIRST Canada) and CNA today announced a new partnership in which FIRST Insurance Funding will provide innovative payment solutions for CNA’s Canadian customers.
FIRST Canada will provide CNA’s customers with its First Connect® service. This service will enable CNA’s broker community to provide an alternative, flexible payment solution to their clients when a policy is issued. CNA’s brokers can then provide their clients with payment options, including pay in full, easy monthly payments, and credit card payments, with pre-approved terms and competitive rates.
“We are excited to provide our customers with new, flexible payment options, which demonstrates CNA’s ability to create insurance solutions tailored specifically for our Canadian customers,” said Mr. John Hennessy, President & Chief Operating Officer, CNA Canada.
“We are honoured to partner with CNA. Providing flexible payment solutions with their policies demonstrates the expertise and great service CNA is known for,” said Mr. Stuart Bruce, Chief Executive Officer, FIRST Insurance Funding of Canada.
About FIRST Insurance Funding of Canada
FIRST Insurance Funding of Canada (FIRST Canada) provides the Canadian Insurance Market with comprehensive payment solutions. Brokers, MGAs, and Carriers can partner with FIRST Canada and expand their offering to provide more value, choice, and convenience for all their clients. The combined strength of FIRST Canada’s dedicated team, evolved offering, and innovative platform, positions their partners to meet the demanding future of the Canadian Insurance landscape armed with market-leading solutions for success. FIRST Canada is part of the Wintrust (Nasdaq: WTFC) family of companies, totaling in excess of $20 Billion in assets and a part of the largest Premium Finance Companies in North America. For more information please visit firstinsurancefunding.ca.
Serving businesses and professionals since 1897, CNA is the eighth largest commercial insurance writer and the 13th largest property and casualty company in the United States. CNA’s insurance products include standard commercial lines, specialty lines, surety, marine and other property and casualty coverages. CNA’s services include risk management, information services, underwriting, risk control and claims administration. All products and services may not be available in all provinces and may be subject to change without notice. For more information, please visit CNA at www.cnacanada.ca. “CNA” is a service mark registered by CNA Financial Corporation with the United States Patent and Trademark Office and the Canadian Intellectual Property Office. Certain CNA Financial Corporation subsidiaries use the “CNA” service mark in connection with insurance underwriting and claims activities.
Source: FIRST Insurance Funding of Canada