With the new Can-Sure EZ-Pay program, borrowers will have the ability to conveniently make their payments by direct withdrawal or credit card
Vancouver, BC (July 1, 2016) – SNAP Premium Finance, a division of SNAP Financial Group, Inc., and Can-Sure Underwriting have announced the integration of SNAP’s financing and payment platform with Can-Sure’s broker quoting and management system. The new program, called Can-Sure EZ-Pay, will allow Can-Sure brokers to present the insured with a low monthly payment option with every quote and give them ability to conveniently make their payments by direct withdrawal or credit card.
“Can-Sure is very excited to provide our national broker network with another convenient tool to enhance the broker/client experience,” said Cameron Copeland, Underwriting Manager, Can-Sure. “We’re always looking for ways to bring greater value to the Insured. Improving cash flow is important to any business, and our new monthly payment plan will deliver tremendous value to clients that want to free up cash for other purposes. The integration of SNAP’s financing and payment system with Can-Sure’s broker management system enables brokers to present a cash-flow friendly, low monthly payment option on every Can-Sure policy. We call the whole program Can-Sure EZ-Pay.”
“Can-Sure was looking for a Direct Bill Solution to further enhance their product offering,” said Kumar Bhaskar, Senior Vice President, SNAP Premium Finance. “Their goal was to offer greater value and options to the insured delivered through a frictionless process for their brokers. With our payment solutions platform their broker network can seamlessly integrate these new features into their current workflow, while offering even greater value to their customers.”
In addition to monthly payment options, Can-Sure EZ-Pay also integrates SNAP’s credit card payment solution into the process. Clients who take advantage of a monthly payment option can also make their monthly payment on their favourite credit card. As an added bonus, clients that use the credit card option using a card that has reward points can collect points as they pay for their policy.
“We think it’s great that Can-Sure has integrated our credit card payment solution to their process so that clients who take advantage of a monthly payment option can make these payments on their credit card”, says Bhaskar. “Clients love this option because they can also collect their points. It’s definitely a win for the brokers and their customers.”
About SNAP Premium Finance
SNAP Premium Finance is a division of SNAP Financial Group, Inc. Established in 2006, SNAP has been helping organizations across Canada and the United States grow their businesses by providing turnkey and custom financing and payment solutions programs.
SNAP helps businesses successfully integrate financing into their sales and marketing efforts by providing them with seamless loan origination systems, a simple user-friendly, application process, responsive credit reviews and approvals (typically under one minute), and industry-leading training and support.
SNAP has facilitated over 200,000 loans and $1 billion in financial transactions.
Can-Sure Underwriting is a Managing General Agency providing commercial property & casualty insurance through a network of brokers in the Canadian marketplace. The company offers a broad range of specialty insurance products and extensive in-house expertise to contemplate standard risks and complex exposures as well. Major classes underwritten are Property, Casualty, Construction, Inland Marine, Professional Liability, Environmental Liability, Hospitality, and select Personal Lines.
With broad facilities and expertise in all lines of coverage, Can-Sure underwriters work hard to provide package solutions where it adds value for Brokers and the Insured. Underwriters can help on a specific line of coverage, or provide a one-stop-shop for package solutions.
SOURCE: SNAP Premium FinanceTags: integrated payment solution, SNAP Premium Finance