Calgary, AB (July 8, 2016) – Policy Works Inc., Canada’s leading provider of commercial lines solutions, and FIRST Insurance Funding of Canada (FIRST Canada), the insurance industry leader in payment solutions, announced a new partnership pioneering integrated payment solutions directly from the Policy Works platform.
With this integration, all Policy Works brokers will have the ability to provide FIRST Canada payment options to their commercial insurance clients and prospects at the point of sale. Brokers will be able to effortlessly offer their insureds flexible payment options with pre-approved terms and competitive rates.
“Policy Works Inc. is excited to partner with FIRST Canada on this venture,” said Policy Works Inc. CEO Kevin Campbell. “We’re continually looking for ways to help our broker customers grow their book of business and this gives the producer one more tool to complete a sale.”
FIRST Insurance Funding of Canada CEO Stuart Bruce went on to say: “This is ground-breaking for the Canadian Insurance market. We are honoured to partner with Policy Works. Payment options and convenience are increasingly important to consumers and we’re pleased to help Policy Works brokers enhance their value in a competitive landscape.”
About Policy Works
Policy Works is the industry’s leading platform for commercial-lines business. Building on its vision for linking brokers and insurers to better serve insureds, the company provides a platform where all stakeholders can come together to leverage each other’s strengths. Policy Works believes in the value of the broker distribution channel and is working to ensure it stays vibrant in a changing marketplace. For more information, please visit www.policyworks.com.
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 its partners to meet the demanding future of the Canadian Insurance landscape armed with market-leading solutions for success. FIRST Canada is part of Wintrust (Nasdaq: WTFC) a financial services company with more than $23 billion in assets and a part of the largest premium finance companies in North America. For more about the company, visit www.firstinsurancefunding.ca.
Source: Policy Works Inc.