There’s no such thing as a free lunch, and money certainly doesn’t grow on trees. But if you’re looking to add value to your insurance organization, there’s great potential for financial benefits by exploring premium financing solutions from the team at COST.
No, this isn’t some get-rich-quick scheme you might hear about on a late-night TV program. Instead, COST has built a tried-and-true method for adding a profit center within your organization that makes use of the benefits of premium financing. If you’ve never heard of COST before, you probably have plenty of questions—that’s completely understandable.
In the next few minutes, we’ll introduce you to the principles of premium financing and the reason COST is many insurance professionals’ preferred choice when it comes to establishing a new stream of revenue.
Our goal is to make the process of unlocking this kind of revenue as painless and easy as possible so you can focus on the core needs of your business.
How your team can benefit from COST
As a company, we are on a mission to help businesses such as yours avoid a big mistake: giving away critical revenues from premium financing to sources outside your business. We built The COST Program to address this fear, which is too often a reality at insurance organizations. You see, we think you and your team are the people who should benefit from premium financing arrangements because you’ve earned the right to that business.
For more than 25 years, we’ve helped organizations just like yours maximize on net profits of at least $30,000 to $40,000 per every $1 million financed. We literally put the money where our mouth is by helping you realize a return on your investment.
How do we do it? We start by giving you the keys to your own financial destiny. Rather than retaining ownership of the premium financing entity within your business, we hand over the premium financing company to you. Then, as a team, we manage all of the ins and outs of the company so you can oversee the day-to-day operations of your business. Leave the backroom operations to us. After all, you’ve got a business to run. Your team and your customers will be better for it.
Next, we implement state-of-the-art technology to ensure minimal downtime and maximum returns. We have incorporated an online quoting and management system into COST that is both easy to learn and also easy to use for the needs of your premium financing company. The vendors with whom we’ve partnered lead the industry in providing tools that are flexible, powerful and customizable. If you’re used to receiving less-than-excellent resources from other premium financing providers, it’s time you took a second look at working with our team, which always has the tools available to help drive your business to the next level of excellence.
We wrap all of these resources together with a commitment to incredible customer service for your insureds. The features we offer include electronic billing, around-the-clock phone support, online access to accounts, and options for payment online or over the phone. Rather than creating headaches for your insureds, we create solutions that are easy to navigate and access, day or night. Too many companies are in the business of confusion, delays and downright disservice. We turn conventional wisdom on its head by putting people first, and it’s a positive difference our clients notice right away.
If you are searching for premium financing solutions that will help your organization generate additional revenues and create a new layer of excellence in your business, we would welcome the opportunity to partner with you at COST Financial Group. Call us today at 800-844-2678 or email info@costfinancial.com to learn more.