PayMyPremiums (PMP) alleviates the administrative burden associated with financing, billing, and collecting premiums. We are leading the way and the benefits speak for themselves.
Benefits
Receive gross premium 100% of the time whether the insured pays in full or finances.
Reduce average days’ receivables by up to 80%.
Save time by easing efforts associated with arranging premium financing.
Maximize revenue by automatically bundling premium finance offering with invoicing.
Insured Benefits
Offers an intuitive, straightforward, digital user experience.
Presents pay-in-full or financing with competitive rates and terms.
Simplifies with 2 digital payment options - credit/debit or ACH.
Allows for easy and immediate enrollment in recurring ACH monthly installments.
Agents who use AMS360® and have an Insurlink™, powered by Vertafore, subscription can offer financing or pay-in-full directly from the Billing Summary.
Email pmp.insurlink@afcodirect.com to activate this feature.
Agents who invoice out of AMS360® can easily integrate with PMP. Offer both financing and pay-in-full options in an agency branded payment portal. All without leaving AMS360®. Completely eliminates the need to contact a finance company to receive a quote. Contact Us
Agents with access to QIV, AFCO Direct’s in-house quoting platform, can easily integrate with PMP. Using QIV provides agents control over quote details to create the rates and terms that best fit the individual need. Agents then invite insureds to their agency branded PMP payment portal to sign finance agreements and select their preferred payment method – pay-in-full or financing. Contact Us
Agents who invoice out of Sagitta® can easily integrate with PMP. Offer both financing and pay-in-full options in an agency branded payment portal. All without leaving Sagitta®. Completely eliminates the need to contact a finance company to receive a quote. Contact Us
InsurLink™
Agents who use AMS360® and have an Insurlink™, powered by Vertafore, subscription can offer financing or pay-in-full directly from the Billing Summary.
Email pmp.insurlink@afcodirect.com to activate this feature.
AMS360®
Agents who invoice out of AMS360® can easily integrate with PMP. Offer both financing and pay-in-full options in an agency branded payment portal. All without leaving AMS360®. Completely eliminates the need to contact a finance company to receive a quote. Contact Us
QIV
Agents with access to QIV, AFCO Direct’s in-house quoting platform, can easily integrate with PMP. Using QIV provides agents control over quote details to create the rates and terms that best fit the individual need. Agents then invite insureds to their agency branded PMP payment portal to sign finance agreements and select their preferred payment method – pay-in-full or financing. Contact Us
Sagitta®
Agents who invoice out of Sagitta® can easily integrate with PMP. Offer both financing and pay-in-full options in an agency branded payment portal. All without leaving Sagitta®. Completely eliminates the need to contact a finance company to receive a quote. Contact Us
Stay connected
Still have questions?
Email us to learn more- or for information on how to get started! pmpinfo@afcodirect.com
