Imperial PFS

What Imperial PFS does

Imperial PFS (IPFS Corporation, legal entity) is a privately held, family-owned premium finance company founded in 1977 in Kansas City, Missouri, that operates a network of 29+ regional offices across the United States, Puerto Rico, and Canada with 600+ associates. The company originates short-term loans that enable commercial and individual policyholders to finance property and casualty insurance premiums, and reports financing more than 850,000 loans totaling over $17 billion in 2025, positioning it as North America's largest premium finance company by self-description.

The company sells a "One Platform | One Partner" stack that combines premium financing with payment processing, electronic signature, document delivery, and integrations into major agency management systems. Core products include Premium Financing, IPFS Payments (powered by subsidiary AndDone, LLC), IPFSDirect for carriers, and a mobile app (IPFS Connect). Supporting modules include IPFS DataLink (automated reconciliation), IPFS QuoteLink (turnkey AMS integration with Applied Epic/TAM, Vertafore AMS360/AIM/Sagitta, Jenesis, NowCerts), IPFS CustomLink (custom integration tooling), and IPFS Webhooks (event notifications). The platform is exposed via an API developer portal at developer.ipfs.com and through 20+ documented technology partnerships spanning agency management, MGA, payment, and AI-adjacent platforms.

IPFS makes money primarily through interest and fees on premium finance loans (transaction-fee revenue) and, increasingly, through technology and payment-processing fees from AndDone and related embedded services sold to insurance agencies, carriers, wholesalers, and managing general agents. Customers are segmented horizontally into four groups: agents and brokers, carriers, wholesalers/MGAs, and individual or commercial insureds. Acquisitions (AIG's premium finance division in 2010, Bulldog and Bass Underwriters in 2019, SNAP Premium Finance in 2020, and Stonemark, Inc. in April 2024) have expanded both geographic reach and agency book. The largest disclosed customer, Stonemark, contributed approximately 4,000 agency relationships at acquisition.

Name

Imperial PFS

Legal name

IPFS Corporation

Website

https://ipfs.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Imperial PFS is a privately held, family-owned premium finance company founded in 1977 that originates short-term loans for property and casualty insurance premiums across the United States, Puerto Rico, and Canada. It serves insurance agents, brokers, carriers, wholesalers, MGAs, and insureds through 29 regional offices and an integrated platform combining financing, payments, eSignature, and document delivery.

Ownership category

akta.pro rank

Product category

Insurance Premium Financing

NAICS

Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Supply Chain Finance (Trade Credit, PO/Inventory Financing) (FSAKAGAE)

Keywords

• Insurance premium financing
• Commercial insurance payments
• Premium finance technology
• Agency management integrations
• Payment processing insurance

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices28 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Premium Financing Interest and Fees: IPFS provides short-term loans to businesses and individuals to finance property and casualty insurance premiums, generating revenue through interest charges and financing fees on the loans extended. In 2025, IPFS financed more than 850,000 loans totaling over $17 billion.
2. Payment Processing Services: Through subsidiary AndDone, IPFS provides payment processing services to registered agents, collecting payments from customers and processing transactions. Technology fees may apply for payment processing.
3. Branded Payment Pages and Services: Provides configurable branded payment pages with logos and colors, real-time transaction dashboards, and embedded payment capabilities for insurance agencies.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Imperial PFS provides short-term premium financing loans and integrated payment processing solutions to the commercial insurance industry. The company underwrites and services loans that enable insurance agents, brokers, carriers, wholesalers, and MGAs to offer their policyholders flexible installment plans for property and casualty insurance premiums. Its combined platform delivers premium financing, payment acceptance, eSignature, and document delivery alongside deep integrations with major agency management systems.

Product overview

Imperial PFS (IPFS) offers a unified 'One Platform | One Partner' approach combining premium financing, payment solutions, eSignature, and document delivery for the insurance industry. The core platform integrates premium financing services with IPFS Payments powered by AndDone, enabling flexible payment options including installment plans, AutoPay, and digital payment collection. Supporting modules include DataLink for automated account reconciliation, QuoteLink for turnkey management system integrations, CustomLink for custom integrations, Webhooks for event notifications, and eSignature/Document Delivery for streamlined document workflows. The company also provides IPFSDirect for carrier relationships and a mobile app (IPFS Connect) for account access.

Differentiator

Problem solved

Functional benefit

Brands

• IPFS Connect: Mobile application for managing premium financing accounts
• IPFS DataLink
• IPFS QuoteLink
• IPFS CustomLink
• IPFS Webhooks
• IPFSDirect
• AndDone

Products and services

• Premium Financing Short-term loans offered to businesses and individuals to finance property and casualty insurance premiums, providing flexible payment options, faster commission payouts to agents, and tools to avoid policy cancellations. In 2025 IPFS financed more than 850,000 loans totaling over $17 billion in the United States.
• One Platform Unified platform that combines premium financing, payment solutions, eSignature, and document delivery into a single integrated workflow that streamlines insurance operations, shortens sales cycles, improves customer experience, and supports agency growth.
• IPFS Payments (Powered by AndDone) Payment processing and collection solution that enables digital payment acceptance, premium financing integration, and flexible payment options for insurance agencies and their policyholders, including branded payment pages, real-time transaction dashboards, and embedded payment workflows.
• AndDone Payment facilitation platform and wholly owned IPFS subsidiary offering state-of-the-art processing software and APIs for online payment collection. Unifies payment acceptance, premium financing, and outbound payments into one connected insurance payment system.
• IPFSDirect Premium billing, collection, and funding solution designed for insurance carriers and insurance companies, providing direct integration with IPFS's premium finance infrastructure to support carrier distribution and agent relationships.

Quantifiable outcome

• 97% Customer Satisfaction Rating
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration32 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• DyadcoreTechnology or Integration · 29 January 2026Strategic partnership to embed premium finance and digital payment capabilities into Dyad's ALIS DX platform, enabling MGAs, wholesalers, and program administrators to complete the entire quote-to-bind workflow within ALIS without switching systems. This partnership marks the first phase of a broader collaboration aimed at creating a connected, end-to-end insurance finance and payment experience.
• Applied SystemscoreTechnology or IntegrationIPFS integrates with Applied Epic, Applied TAM/TAM Online, and Applied Pay to provide seamless premium financing within Applied's insurance agency management ecosystem.
• VertaforecoreTechnology or IntegrationIPFS provides QuoteLink integration with Vertafore AMS360, AIM, and Sagitta agency management systems, enabling automated premium financing workflows.
• AndDonecoreTechnology or IntegrationAndDone is a wholly-owned subsidiary of IPFS and provides the payment processing infrastructure powering IPFS Payments. It is a unified insurance payment platform that brings payment acceptance, premium financing, and outbound payments into one connected system.
• LinquraminorImplementation/ SI/ Consulting PartnerManaged services through insurance professionals to facilitate integrations between systems within agency ecosystems.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• AFCO Premium Credit: AFCO is one of the largest direct competitors to IPFS in commercial insurance premium financing across the United States. Now operating under CBIZ after the 2024 acquisition, AFCO competes head-to-head with IPFS on commercial P&C premium financing for agents and brokers, offering similar short-term credit products and agency integrations.
• York Premium Financing: York Premium Financing is a North American premium finance company offering short-term financing for commercial insurance premiums. It competes directly with IPFS across agent/broker channels, particularly in the mid-market and specialty P&C segments, with a similar product set and broker-oriented distribution model.
• Pacific Premium Finance: Pacific Premium Finance is a regional premium finance company serving insurance agents and brokers with commercial P&C premium financing. It overlaps directly with IPFS in product offering (short-term premium loans) and target customer (independent agents), though with a more limited geographic footprint than IPFS.
• Premium Acceptance Corporation: Premium Acceptance Corporation is a commercial insurance premium finance company serving agents and brokers across the U.S. It is a direct competitor to IPFS in the premium financing niche, with comparable products (short-term premium loans) and similar customer segments in commercial lines.

Broad incumbents

• Wells Fargo Insurance Premium Finance: Wells Fargo operates a premium finance business as part of its broader commercial banking and insurance services portfolio. As a large bank-owned competitor, Wells Fargo competes with IPFS on scale and balance sheet, but does not specialize exclusively in premium finance the way IPFS does — making it a broad incumbent rather than a direct specialist peer.
• Truist Insurance Holdings: Truist Insurance Holdings is a major insurance distribution and services platform that has historically included premium finance capabilities. As a large, diversified financial services incumbent, Truist competes with IPFS in premium finance as part of a much broader commercial insurance services offering.

Others

• Applied Systems: Applied Systems is the leading insurance agency management system provider (Applied Epic) and a core technology partner of IPFS via integrations including DataLink, QuoteLink, and Applied Pay. While Applied is primarily a technology vendor rather than a premium finance competitor, it represents both a critical distribution channel and a potential future competitive threat if it expands into captive financing offerings.
• Vertafore: Vertafore is a major insurance technology vendor (AMS360, AIM, Sagitta) and a strategic integration partner of IPFS, including via the Prevail multi-lender network. Like Applied Systems, Vertafore is primarily a technology enabler rather than a direct competitor, but its ownership of the agency workflow interface gives it both distribution leverage and potential captive finance ambitions.
• Stripe: Stripe is a global payment processing platform that competes with IPFS's AndDone subsidiary for insurance agency payment processing volume. While Stripe does not offer premium financing, its embedded payment infrastructure and developer-first positioning represent a competitive alternative for agencies evaluating payment facilitators outside the AndDone ecosystem.
• Block (Square): Block (parent of Square) is a major payment processing and financial services platform that competes with AndDone for small business payment acceptance volume, including in the insurance vertical. While Block does not specialize in insurance premium financing, its broad SMB payment footprint and capital products make it an adjacent competitor for embedded financial services at agencies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/imperialpfs
• Facebookfacebook.com/pages/Imperial-PFS/110344402342732
• LinkedInlinkedin.com/company/imperial-pfs

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Imperial PFS