US Premium Finance

What US Premium Finance does

US Premium Finance is a commercial insurance premium financing company operating as a dedicated division of Ameris Bank, itself a subsidiary of Ameris Bancorp (NASDAQ: ABCB), a publicly traded bank holding company with more than $26 billion in assets. The company extends short-term financing to commercial insureds so that businesses can spread commercial insurance premium payments over time rather than paying lump sums at policy inception, with loans typically retired through installment schedules or end-of-term settlements aligned with policy expiration. Headquartered in the Peachtree Corners, Georgia area with 51-100 employees, US Premium Finance serves insurance agents and brokers across the United States, targeting a spectrum from sub-middle market agencies through Top 50 P&C agencies.

The company's technology stack centers on workflow automation tools built specifically for the agency channel. PASS is an automated premium finance agreement generation system, CAPE is a cancellation prevention tool designed to reduce policy lapse rates, a Borrower mobile application supports self-service account management and payments, and payment processing infrastructure underpins the underlying transaction flow. These products are positioned to integrate with agencies' existing management systems, reducing manual work in agreement creation, compliance tracking, and borrower communications.

Revenue is generated primarily through interest charged on the premium finance loan portfolio, supplemented by transaction and payment processing fees paid by insurance agencies. As a captive division within Ameris Bancorp, US Premium Finance benefits from balance sheet scale, low cost of funds, and existing regulatory infrastructure unavailable to independent specialty finance competitors — a structural advantage in a capital-intensive niche lending business where spreads are sensitive to funding cost.

Name

US Premium Finance

Legal name

US Premium Finance

Website

https://uspremiumfinance.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

US Premium Finance is a commercial insurance premium financing division of Ameris Bank (Ameris Bancorp subsidiary) that extends premium finance loans and provides workflow automation tools to insurance agents and brokers across the United States.

Ownership category

akta.pro rank

Product category

Insurance Premium Financing

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421)

SIC

Insurance Agents, Brokers & Service (6411), Personal Credit Institutions (6141)

akta.pro primary industry

Embedded Insurance Distribution & Premium Financing (FSAGALAF)

akta.pro secondary industry

Billing, Payments & Premium Finance Platforms (FSAGAGAI)

Keywords

• Insurance premium financing
• Commercial premium loans
• Premium finance software
• Agent financing technology
• Payment processing services

Headquarters

HQ city

Norcross

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Premium Finance Interest/Loan Revenue: US Premium Finance generates revenue through interest and fees on insurance premium financing loans provided to insured borrowers. The company offers creative financing solutions with competitive rates and flexible terms to property and casualty insurance agencies and their clients.
2. Payment Processing Fees: Convenience fees charged for various payment methods including credit/debit card transactions (2.96% + $0.50), check payments ($7.00), phone payments ($7.00), and recurring ACH ($2.00). Some state exceptions apply.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

US Premium Finance provides commercial insurance premium financing solutions to property and casualty insurance agents and brokers across the United States. The company finances insurance premiums for insured borrowers, offers proprietary software tools (PASS for automated agreement generation and CAPE for cancellation prevention) to agents at no cost, and supports agents and borrowers through a 24/7 mobile app, web portal, and concierge-level customer service.

Product overview

US Premium Finance offers a suite of insurance premium financing solutions consisting of proprietary software products and financial services. The core offerings include PASS (financing technology for generating insurance agreements) and CAPE (cancellation prevention software), complemented by a mobile Borrower App for insured customers to manage policies and payments. These products work together to serve insurance agents and brokers with financing technology, while providing borrowers with 24/7 account access through web and mobile platforms.

Differentiator

Problem solved

Functional benefit

Brands

• PASS: Premium Finance Agreement Automated Systems Solution - proprietary software system built exclusively for commercial insurance agents to generate insurance agreements quickly and easily. 100% free to use and integrates with existing agency management systems.
• CAPE

Products and services

• Commercial Insurance Premium Financing Loans Loans offered to commercial insureds through partner P&C agents and brokers to finance insurance premiums, with flexible terms, competitive rates, and a FinancePro web portal for agent-side loan management.
• PASS (Premium Finance Agreement Automated Systems Solution) Proprietary software provided free to partner agents and brokers that automates the generation of premium finance agreements, reducing manual paperwork for P&C agencies.
• CAPE (Cancellation, Anticipation, and Prevention through Engagement) Proprietary software provided free to partner agents and brokers that anticipates and prevents insurance policy cancellations through proactive borrower engagement, reducing lapse rates for partner agencies.
• Borrower Mobile App 24/7 self-service mobile application available on iOS and Android that allows commercial insured borrowers to view loan details, make payments, and manage their premium financing account.
• Payment Processing Services Transactional payment processing services supporting premium financing loan repayment, integrated with the borrower mobile app, web portal, and agent workflows.
• Partner Resources and Support Concierge-level customer service, training, and partner resources offered to P&C agents and brokers that partner with US Premium Finance for commercial premium financing.

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• First Insurance Funding: One of the largest US commercial insurance premium finance companies, a subsidiary of The Chubb Corporation. Directly comparable to US Premium Finance in providing premium finance loans to P&C agents and brokers, with a national footprint and bank-affiliated balance sheet.
• AFCO Premium Credit: Major US commercial insurance premium finance lender, part of the Crum & Forster insurance group. Directly competes with US Premium Finance in funding commercial P&C premiums through independent agents and brokers nationwide.
• Premium Financing Specialists: Niche US commercial premium finance company focused on middle-market P&C premium financing. Comparable in customer base (commercial P&C agencies) and product offering (premium finance loans) to US Premium Finance, though typically smaller in scale.
• IPFS Corporation: US commercial insurance premium finance lender with a long history in the P&C premium finance market. Comparable to US Premium Finance in providing loan products to independent agents and brokers, with similar focus on commercial lines.
• Bankers Insurance Premium Finance: US premium finance company offering P&C premium financing through a network of independent agents. Operates in a similar niche to US Premium Finance with comparable product structure and agent-broker distribution model.
• Imperial PFS: Specialty commercial insurance premium finance company serving P&C agents and brokers across the US. Directly comparable in product offering, customer base, and distribution model to US Premium Finance.
• Finpac Premium Finance: US commercial insurance premium finance company offering premium financing solutions through independent agents and brokers. Comparable niche player with similar customer segments and product set as US Premium Finance.

Broad incumbents

• Great American Insurance Premium Finance: Division of Great American Insurance Group offering commercial premium financing as part of a broader specialty P&C insurance portfolio. Comparable in product but operates as a captive finance arm of a larger insurance conglomerate rather than a standalone premium finance specialist.
• Chubb (parent of First Insurance Funding): Large global insurance carrier operating the First Insurance Funding premium finance business among many other P&C and specialty lines. Comparable only at the premium finance unit level; useful as a benchmark for what scaled premium finance operations look like inside a major carrier.

Emerging players

• Vouch Insurance: Insurtech providing digital commercial insurance and embedded coverage solutions. While not a direct premium finance competitor, it represents the kind of digital-first, agent-disintermediating entrant that could pressure US Premium Finance's traditional agent-channel business model over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/us-premium-finance
• Xx.com/tweetuspf

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about US Premium Finance