Why Agents and Brokers Choose Automated Installment Systems, Inc. (AIS) As Developer, Manager and Third Party Administrator For Their Client-Owned Premium Financing Companies

• Agents and Brokers Want Business Solutions

  • “Own Your Own”® Premium Finance Companies create Business Solutions:

    • A new source of revenue which may be substantial.
    • Single source service helps increase client retention and helps to secure new business.
    • SAS 70 Type 2 Report on Controls Placed In Operations And Tests of Operating Effectiveness is provided to our clients annually – as far as we know, AIS is the ONLY premium finance company third party administrator that undergoes this annual independent audit of its operations and provides each customer with a copy of the Report for their internal and external financial and operational review/oversight.

• Client-Owned Premium Financing Company experience

  • AIS is "Own Your Own"® premium financing. You can trust AIS as your resource for 100% turnkey outsourcing for client-owned premium finance companies. Since the 1980s our clients nationwide have been benefitting from the concept we introduced and developed and have continued to improve - offer insurance professionals a truly full-service premium finance management system and third party administration designed specifically for them.

• Experienced professionals with a proven track record

  • AIS has been creating and managing "Own Your Own"® premium finance companies for agents and brokers, MGAs, wholesalers and program managers and insurers for more than twenty-seven (27) years.

  • You want a service provider/resource who:

    • speaks your language – that’s AIS.
    • understands the challenges you face – that’s AIS.

• We work hard, effectively and efficiently, for you EVERY step of the way

  • Licensing and incorporating your “Own Your Own”® premium finance company.
  • Making sure you are in compliance with state regulations – any or all of the fifty (50) states.
  • Helping you establish interest rates, late fees and payment schedules.
  • Handling the collections, accounting and day-to-day administration.
  • Building a customized website for your premium finance company.

• The AIS “Epitome”® System, the only system designed specifically for client-owned premium financing

  • AIS proprietary technology IS NOT "off the shelf" billing software that has been adapted to insurance premium financing.
  • It is easy to use and gives you highly efficient and streamlined processing capabilities.
  • The system can be quickly and easily customized to meet your specific needs - because we own the code.
  • Speed, capacity, security - “Epitome”® utilizes highly secure IBM AS400 technology and WebSphere software.
  • Continuous Improvement - AIS is continuously enhancing and/or improving its proprietary premium finance system hardware and/or programming.

• Variable cost which is based on the loans generated

  • There is no fixed monthly expense.
  • Monthly service fee only on the loans you generate.
  • There are no hidden costs or charges for things like enhancements or upgrades to the system.

• National capabilities

  • Whether you operate in a single state or nationally, we have the people and systems in place to get your premium finance company up and running quickly and easily.

• Strong internal controls keep your investment safe and secure

  • Safeguards built into Epitome® ensure compliance with state regulations and that bills, late notices and cancellations are sent when and where they should be. We monitor fluctuations in interest rates and carrier ratings on a regular basis to keep you informed of changes that could impact you. All AIS employees are bonded. AIS undergoes an annual SAS 70 Type 2 Audit, which provides an independent assessment of the effectiveness of our controls.

• Detailed disaster recovery plan

  • In the event of damage to our central location, AIS maintains a full backup hot site on the West Coast.

• "Own Your Own"® premium financing receives 100% of our attention and resources

  • We don’t finance premiums. We don’t license/sell our premium financing system software. Our commitment to a single industry and product enables us to stay focused on delivering a “best in class” solution to our customers.