FIRST Canada allows brokers the opportunity to offer their clients “more”

Competition for the Canadian insurance consumer is at an all time high. Brokers, direct writers and agents are competing not just with each other but also across channels for the same clients. Brokers are looking for a way to differentiate themselves in the eyes of the consumer. Partnering with FIRST Canada bolsters an insurance brokers’ status as a trusted advisor by providing financial product to compliment their offering. 

Partnering with FIRST Insurance Funding of Canada allows brokers to unlock the potential of premium financing for their clients in the following ways:

1. 1. Working capital preserved – Instead of tying up capital in a large lump sum insurance policy payment, clients pay smaller monthly financing installments; allowing them to reinvest capital back into their business
   2. Cost effective solution – Finance payments may be much more inexpensive than they appear at first glance. Clients are encouraged to speak to their accountant about the tax deductible benefits.
   3. Credit is maintained with off-book financing – Unlike a typical loan, in many cases premium financing does not affect bank covenants or overdraft lines. Traditional borrowing capacity remains intact.
   4. Consolidated insurance payments – Multiple insurance policies can be consolidated into a single premium financing contract; clients avoid the hassle of multiple payments.

   5. The FIRST difference – FIRST is a leader in providing customized financial solutions. They have been financing premiums and helping insurance clients grow their business in North America for over 25 years.

Call FIRST Canada and start offering your clients more today.

• FIRST Insurance Funding of Canada 
• 20 Toronto Street, Suite 700 

• Toronto, ON M5C 2B8

• 1 888 232 2238

• www.firstinsurancefunding.ca

About FIRST:

FIRST Insurance Funding of Canada (FIRST Canada) is proud to partner with commercial insurance brokers to assist them and their clients grow their businesses through innovative solutions. More than premium funding – FIRST Canada offers flexible premium funding options, broker loans, and other exclusive financial services. Their experienced staff and dedicated relationship managers can enhance the value proposition of all independent and major insurance brokers across Canada.

FIRST Canada is part of the largest independent premium finance group in North America. The Wintrust Financial Corporation (Nasdaq: WTFC) family of companies is a publicly traded, diversified, financial services company with assets totaling more than $16 billion. FIRST Canada is headquartered in Toronto, Canada.

http://www.firstinsurancefunding.ca