For Bank Insurance Operations
An AIS-managed premium finance company enables the bank's insurance operation to significantly increase commercial insurance revenues with no additional overhead. By handling your own premium financing, you can increase net income by up to 30% on each policy you finance and gain the competitive advantage by having control of the interest rates and billing plans.
By outsourcing to AIS, you get the benefits of owning your own premium finance company without the time, technology expense, staff and learning curve of building your own. You gain immediate access to the systems, infrastructure, expertise and backroom support needed to manage a profitable premium finance company from day one. You own the company; you earn the profits, but offload the burdensome parts of the business such as licensing, regulatory compliance, billing and collections.