About AFCO
As a pioneering leader in premium finance, AFCO supports insurance agencies by providing customized premium finance programs; all while easing administrative duties, improving cash flow and providing digital access to meet both agency and insured’s needs. AFCO is transforming its business with technology designed to assist our clients by providing premium collection, billing, and invoicing solutions.
About PayMyPremiums
AFCO’s PayMyPremiums (PMP) is changing the game with its fully digital premium billing, collection and financing solutions. PMP is a fully-mobile, device-responsive application; it will format to look good on whatever device you use! AFCO’s partnership with Vertafore provides agents the ability to easily integrate with PayMyPremiums and realize the benefits PMP has to offer!
Benefits of PMP’s technology integration with AMS360 users subscribed to InsurLink
Helping you grow
- You sell insurance products, AFCO collects the premium -- eliminate time spent chasing insureds for money or finance agreements
- Maximize revenue -- Get more than standard commission from every policy
Minimize receivables
- Quick agency funding -- Whether financed or paid in full, AFCO's easy digital processes eliminate mail delays, paper documents, and check handling. AFCO dos it all in a snap, minimizing your average days receivables outstanding
Great customer experiences
- Extending simplicity on every policy -- In the office or on the go, insureds can pay by direct debit or credit card, all within a few clicks
- Agency branded -- Your brand matters and you've built insureds' trust. AFCO's white labeling option reinforces this is your user experience
