Overview
Revenue
$67.106164 million
Competitors
BB&T, Bank of America, Birch Financial
Headquarters
Northbrook , IL
Category
Premium Finance. Simplified.
Headquartered in Northbrook, IL, with over 200 dedicated service professionals, FIRST Insurance Funding is proud to offer an uninterrupted ownership and management structure since incorporation in 1990. With an experienced, driven team of 35 Relationship Managers, FIRST serves many large regional, and national brokers, as well as middle market insurance agencies nationwide. FIRST has grown from $400 million in annual commercial property and casualty loan volume in 1997 to over $6 billion today. In addition, FIRST is recognized as the industry leader in providing life insurance financing to high net worth individuals with receivables in excess of $1.5 Billion. FIRST Insurance Funding is a wholly owned subsidiary of Wintrust Financial Corporation (Wintrust)—a publicly traded, diversified, financial services company with assets totaling more than $30 billion (NASDAQ: WTFC). Based in Lake Forest, Ill., Wintrust provides traditional community banking services, wealth management services, commercial insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. Working through independent insurance agents and brokers, First Insurance Funding provides loans to businesses to finance the cost of their commercial insurance, including liability and property/casualty coverage. Clients finance their insurance premiums to preserve cash flow, consolidate insurance payments, and to potentially realize a tax deduction on the loan interest. One of the largest insurance premium finance companies in the country, First Insurance Funding is a subsidiary of Illinois-based financial holding company Wintrust Financial . Try D&B Hoovers Free Working through independent insurance agents and brokers, First Insurance Funding provides loans to businesses to finance the cost of their commercial insurance, including liability and property/casualty coverage. Clients finance their insurance premiums to preserve cash flow, consolidate insurance payments, and to potentially realize a tax deduction on the loan interest. One of the largest insurance premium finance companies in the country, First Insurance Funding is a subsidiary of Illinois-based financial holding company Wintrust Financial .
