FIRST Insurance Funding of Canada announces strategic alliance with AEGIS London

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Toronto, ON (Dec. 12, 2017) – FIRST Insurance Funding of Canada (FIRST Canada) is pleased to announce a strategic alliance with AEGIS London to provide innovative premium payment solutions for AEGIS London coverholders and policyholders.

FIRST Canada will provide AEGIS London, payment programs via the PolicyWorks® platform which will allow AEGIS coverholders and policyholders to benefit from innovative payment solution at the time of policy issuance. AEGIS London coverholdersand policyholders can leverage AEGIS London’s programs and flexible payment solutions including pay in full, easy monthly payments, and credit cards, with pre-approved terms and competitive rates.

“We are honoured to partner with AEGIS London to provide this competitive advantage to their coverholders and policyholders. Our ongoing commitment to innovation and collaborative partnerships provides the convenience of seamless payment solutions at the time of policy issuance, all from the PolicyWorks® platform.” commented Mr. Stuart Bruce, CEO, FIRST Canada.
Through our mutual partnerships, AEGIS London, FIRST Canada and Policy Works provide a proven platform to enable coverholders to quote, bind, and issue payment plans for a complete offering in the industry.

“Allowing our coverholders and policyholders the ability to leverage our preferred relationships with FIRST Canada and PolicyWorks® adds to the “Point of Sale” solutions we provide for ease of doing business with us” stated Nazir Haji, Senior Vice President, Business Development with AEGIS London.

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 $25 billion in assets and a part of the largest premium finance companies in North America. Follow FIRST Canada on LinkedIn and Twitter. For more about the company, visit firstinsurancefunding.ca.

About AEGIS London

AEGIS Managing Agency Limited (“AEGIS London“) is the UK-based subsidiary of AEGIS (Associated Electric & Gas Insurance Services Limited), a mutual insurance company that serves the needs of the energy industry. It operates the AEGIS London Syndicate 1225 at Lloyd’s.

AEGIS London has grown from its origins as an energy insurance specialist and is today a successful, diversified business, leading and participating in a wide range of classes traditionally written in the Lloyd’s market. With over 115 people in its team in London and in Canada, the business continues to develop its capabilities in new business lines, bringing its unique, collaborative style to new clients and new classes, while operating for the mutual benefit of all involved.

AEGIS London is recognized for offering specialist knowledge, expertise and leadership to a broad client base across a number of specialist classes globally.

SOURCE: FIRST Insurance Funding of Canada

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