Premium Funding Benefits For The Intermediary / Underwriter

  • We easily integrate with the way you already do business.

  • We provide underwriters with cost-effective means of collecting customer’s monthly premium payments, which are PCI compliant.

  • Underwriter receives full annual premium at 30 days from inception date of policies.

  • Introducer receives full commission/incentive based on annual premium at renewal/inception (if applicable).

  • Monthly premiums are collected on the due date & dishonours are actioned on the day of dishonour.

  • Retention rate is high with easy rollover at renewal (no re-application needed).

  • Flexible integrated system can handle all aspects of underwriter’s interface with customer’s premium variations.

  • Minimal broker involvement needed.

  • With over 10 years’ experience in customer service, we provide dedicated phonelines for payment queries, credit card amendments, payment date variations & other customer service queries.

  • No need for you to allocate dedicated staff to handle queries or provide administration to follow up overdue payments.

  • Online Portal is user friendly & available 24/7.

Our facility meets APRA requirements & complies with Section 52-63 of the Insurance Contracts Act & is exempt from the Uniform Credit Code.