TORONTO, ON, OCTOBER 29, 2024/insPRESS/ – FIRST Insurance Funding of Canada (FIRST Canada),
the leading provider of payment solutions, announced today 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. Follow FIRST Canada on LinkedIn and X (Twitter). For more about the company, 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 about the company, visit signalunderwriting.com.
For more information, please contact:
FIRST Insurance Funding of Canada
Crystal Macklin
SVP Marketing and Communications
crystal.macklin@firstinsurancefunding.ca
647 308 4944
SIGNAL Underwriting Inc.
Alexander Blair-Johns, FCIP, CRM, RPLU, CAIB
CEO, Class Underwriter
info@SignalUnderwriting.com
416 262 1411
