IPFS News & Updates

IPFS TotalPay® is changing the game for our Customers' digital transformation

Jun 29, 2020

IPFS TotalPay is making it easier than ever for agencies to convert to an online insurance buying process.

From the first quote to the final payment, our suite of digital services makes it simple to conduct business from anywhere. Now with the introduction of IPFS TotalPay, our Customers can provide premium financing as well as payment in full options to their insureds, all in one portal.

Are you taking advantage of all Imperial PFS has to offer? Learn more about IPFS TotalPay and our digital transformation services. 

Benefits for Insurance Agents

Immediate commission collection, superior account receivable ratios, reduced billing expenses, enhanced service for your clients, increased annual income, and much more. In 2021, we financed more than 700,000 insurance loans across North America, totaling nearly $12 billion in premiums in the US alone.

 

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Benefits for Business Owners

Financing your commercial insurance premiums gives you the flexibility to use your working capital more effectively. Freeing up capital can allow you to focus on product development, hiring new employees, marketing and other investments to grow your business.


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Benefits for Insurance Companies

The insurance industry is digitally enhancing its purchase and service model to elevate the customer experience for insureds. This is where IPFSDirect® steps in. IPFSDirect is a business unit established under IPFS Corporation who works exclusively with insurance companies providing payment and collection services.

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