FIRST Insurance Funding

Now one of the largest premium finance companies in North America, FIRST Insurance Funding Corp., based in Northbrook, IL, was incorporated in 1990 as a small, start-up premium finance company. A few years later, FIRST merged with four local, community banks to form Wintrust Financial Corporation. Since then, FIRST has grown to a $6 billion premium finance company with salespeople all across the U.S. and Canada.

Description of Product or Services you would like to promote in the Association:

In addition to providing premium finance services, FIRST offers its partner agencies complete financial solutions which include:

FIRST Direct Customized Billing and Collecting Services

FIRST FlexPay – payment solution for Worker’s Comp Policies

FIRST Life Funding for high net-worth individuals

Agency Training and Development Program

Agency Perpetuation and Acquisition Lending

Capital Leasing Program

Corporate Plan Services

And more!

How does your product or service specifically target/benefit Program Administrators:

FIRST provides complete financial solutions to its partners. This means that we can assist them not only with premium financing and payment solutions, but with banking, perpetuation, acquisition, and development training. In addition to all the solutions that we offer, we provide the best service in the industry. We think outside of the box and encourage you to “JUST ASK”.  Almost all of our internal U.S. staff is based out of our corporate headquarters in Northbrook, IL. Our team has immediate and direct access to Executive Management and can provide fast and flexible solutions to any request.

What differentiates your product from others in the marketplace?

1. We are financially strong and stable. Wintrust’s substantial financial resources provide FIRST with a strong, stable funding source that you can count on.
2. We are entrepreneurial and solution-driven.  Every member of your service team will work to find a satisfactory solution to any situation--no matter how large or small.
3. We are your finance company.  Neither FIRST nor Wintrust has any ownership interest in any insurance agency or broker.  Financing with FIRST means you will be financing with a partner – not a competitor.