SIGNAL Underwriting Improves Broker Offering with FIRST Pay-enabled Payment Solutions
Toronto, ON (Oct. 29, 2024) – FIRST Insurance Funding of Canada (FIRST Canada), the leading provider of payment solutions, is pleased to announce the successful integration of FIRST Pay™ with SIGNAL Underwriting Inc.
SIGNAL Underwriting can now generate Customized Payment Options Forms directly from their Policy Management Platform, with FIRST Pay’s suite of APIs.
This advancement automates the presentment of payment plans and financing quotes, which can seamlessly be included with the policy proposal. This comprehensive package offers SIGNAL brokers a comprehensive solution to present clients, with the insurance they need and flexible payment solutions.
“We are pleased to integrate FIRST Canada’s financing options for our broker partners, which respects the brokers’ workflow,” stated Alexander Blair-Johns, CEO, Class Underwriter at SIGNAL. “This is another example of how we are making it easier to do business with SIGNAL.”
By integrating FIRST Pay™, SIGNAL Underwriting simplifies and elevates the insurance purchasing experience, further establishing their leadership in the MGA space.
FIRST Pay™ is FIRST Canada’s powerful suite of real-time APIs, which automates and streamlines the insurance payment process, empowering MGAs like SIGNAL Underwriting, Carriers, and brokers to provide a comprehensive insurance offering, including payment plans.
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 offerings to provide more value, choice, and convenience for all 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 $59 billion in assets and a part of the largest premium finance companies in North America. For more information, visit firstinsurancefunding.ca.
About SIGNAL Underwriting Inc.
Located in Toronto, ON, SIGNAL Underwriting Inc. is a licensed Managing General Agent and an approved Coverholder with Lloyd’s of London. SIGNAL Underwriting is committed to providing tailored solutions that meet the needs of their retail broker partners. They offer products for Healthcare, Life Sciences, Manufacturing and Wholesale, Media, Miscellaneous Professional, Non-Profits, Salons & Spas, and Technology industry segments, as well as Directors & Officers Liability and Product Recall. For more information, visit www.signalunderwriting.com.
Source: SIGNAL Underwriting Inc.
Tags: API, FIRST Insurance Funding of Canada, integrated payment solution, payment, SIGNAL Underwriting