Ease and innovation for payments now available via FIRST Pay™ for SIG integration
MONTREAL (April 5, 2021) – FIRST Insurance Funding of Canada (FIRST Canada), the industry leader in insurance payment solutions, and Vertafore Canada are pleased to announce that innovative payment solutions are now available directly from within SIG™.
Redefine your client payment experience without ever leaving Vertafore SIG. In a few simple clicks, SIG users can now provide financing quotes and payment plans for new business and renewals along with the policy proposal, at the point of sale.
In addition, SIG users now have the ability to retrieve real-time client payment status, installment schedules, and documents, and to create “what-if” payment scenarios, all without ever leaving their BMS.
“The ability to provide payment choice and access real-time payment information elevates the brokers’ client experience,” said Stuart Bruce, CEO of FIRST Canada. “The fact that it can be done within existing workflows is a real win for SIG Brokers and their clients.”
“This partnership with FIRST Canada marks another important step in Vertafore Canada’s commitment to helping our customers simplify their business processes, as well as another step forward in our vision of being Canada’s leading ecosystem-friendly InsurTech provider,” said Dimitrios Argitis, GM and VP of Vertafore Canada.
If you would like to provide customized payment options to your clients via Vertafore Canada SIG, contact to learn more, visit firstinsurancefunding.ca/Vertafore.
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 of 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 $43 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 www.firstinsurancefunding.ca.
About Vertafore Canada
Vertafore Canada is the expert in Canadian broker innovation and a leader in the BMS (Broker Management Systems) marketplace for insurance and financial services brokers. It offers an integrated suite of products designed to increase revenue through efficient use of technology. Vertafore Canada is the new name for Vertafore Canada, a leading provider of broker and commercial management systems in Canada, acquired by Vertafore in 2016.
For more information:
Laurent Nadeau
VP Sales, Marketing & Client Solutions
Vertafore Canada
Phone: 1-800-268-5325 x4891
Posted April 5, 2021 in Press Releases