| Imperial PFS® (IPFS®) is the newest company partner of the Big “I" Agents Council for Technology (ACT). IPFS provides short-term loans and payment processing solutions primarily for property-casualty insurance. “As ACT and its partners continue to spearhead p-c coverage technology solutions, we welcome Imperial PFS on board to share their expertise with our work groups," says Chris Cline, ACT executive director. “As independent agents serve commercial lines clients through challenging economic times, honing time-saving service solutions is a priority for our industry." IPFS partners with agencies, MGAs, carriers and digital distribution platforms to offer financing and payment solutions to business owners seeking insurance coverages, freeing up capital and allowing them to obtain appropriate insurance coverage. In 2021, IPFS financed more than 700,000 loans across North America, totaling more than $13.7 billion in premiums in the U.S. alone. IPFS provides custom integrations that can be built into agencies' existing platforms, including solutions for quoting, processing, reporting and receiving payments. “IPFS continues to deliver on our commitment of innovation and customer service by providing the independent agent with one platform of solutions to serve all premium financing, payments, and secure electronic signature needs," says Chase Courtney, technology sales director at IPFS. “We are dedicated to supporting the independent agent in their business growth by making premium financing and payments easier for both the agent and the insured. With 45 years in the premium financing industry, we understand customers' expectations around service and digitalization continue to evolve. We're excited to partner with ACT to focus on pushing digitalized customer service initiatives forward." Learn more about IPFS.
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