Policy Works and FIRST Insurance Funding of Canada Release Integrated Point-of-Sale Payment Solution

Calgary, AB (Nov. 22, 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 the release of an integrated payment solution that allows brokers to provide FIRST Canada payment options directly from the Policy Works platform.

“The integration functionality was in pilot-testing during the month of October, and the feedback we have received from our pilot brokers was tremendous,” said Policy Works Inc. CEO Kevin Campbell. “Brokers are excited to now have an automated solution for offering premium financing on every proposal. FIRST Canada has been a great partner to work with, and we look forward to helping our customers grow their commercial business.”

“We’re proud Policy Works chose FIRST Canada to provide Policy Works brokers with innovative and convenient payment options at the time of proposal. This assists Policy Works brokers in delivering an elevated client experience, will assist in closing sales faster, retaining more clients, and reducing their receivables. It’s a win for everyone,” commented FIRST Canada CEO Stuart Bruce.

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 $24 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.