(Image source: FTP homepage.)
FTP, Inc., an Old Bridge, N.J.-based insurance wholesaler providing services to independent insurance agents, has chosen Input 1’s software, the Premium Billing System (PBS), to expand the footprint of its premium finance business, Preferred Payment Plan, Inc, according to an Input 1 statement.
Input 1 reports that FTP began its search for a technology partner with two goals: finding an experienced partner who delivered a platform that could grow with their needs and improve operational efficiencies and the customer experience.
“We selected Input 1’s Premium Billing System because we were impressed by its robust and intuitive capabilities,” comments Frank Powell, President, FTP. “PBS will create greater efficiency in our back-office operations and make it easier for our retail agents and insureds to utilize our financing option. It is clear that Input 1’s platform was built with deep knowledge of the premium finance business, and the straightforward integration into our existing agency management system saves us valuable time and resources.”
“We are excited to be the technology platform FTP chose to build and expand their premium finance business,” comments Chris Farfaras, EVP, CSMO, Input 1. “They did their research and knew what functionality they needed to succeed. We take pride that our PBS platform is industry-leading, with clear and strong advantages across the board.”