As a professional insurance agent, you regularly work with third parties that help you offer premium financing options to your client base. Over the years, you might have noticed you spend a lot of time and effort in arranging these premium financing agreements; yet, when everything is said and done, you only get a small portion of the proceeds. Wouldn’t it be great if there were a way to provide your clients with a top-notch premium financing option on your own? There is! By removing the middleman, you can significantly boost your bottom line and save time.
That’s where we come in. At COST Financial, we manage and operate premium finance companies owned by insurance agents, agency groups, insurance companies, and general agents. For more than 30 years, COST Financial has provided insurance agents like you with a turnkey solution for premium financing. Once you enroll with COST, you own your own financing company, but we do all of the work. Our services include:
- Operations
- Accounting
- Licensing
- Customer service
- Collections
- And more!
A bit more about us: COST Financial Group was founded in 1989. Our founder David E. Gebhardt recognized that the premium finance industry lacked innovation and responsiveness to the needs of its customers, was too locked into existing bureaucratic structures and was unwilling to change. He realized that opportunity existed for insurance agencies to build a separate profit center to enhance their organizational value but that running a premium finance company themselves would be too costly and too burdensome.
More than three decades later, we’ve refined our processes and now offer a solution that’s simply not available anywhere else. We work with our insurance clients on an individualized basis, offering them flexible solutions that fit their market and profit goals. We continually adapt our programs and procedures to meet the needs of our clients and state regulations and focus on implementing new technology to make these operations even more efficient.
Our expertise, technology and experience makes all the difference for our clients. By allowing us to focus on your premium financing business, you can focus on what matters most: keeping your customers satisfied. To learn more about how we can help you, visit our website: https://costfinancial.com/