Bellet & West Premium Financing

Name

Bellet & West Premium Financing

Legal name

Bellet & West Premium Finance, LLC

Website

https://belletandwest.com

Company type

Private

Founded year

1999

Operating status

Operating

Ownership category

akta.pro rank

Product category

Insurance Premium Financing

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Loan Brokers (6163)

akta.pro primary industry

Retail Credit (Closed-End) & Promotional Financing (0%/Deferred Interest) (FSAKAFAF)

Keywords

• Premium financing
• Insurance premium loans
• Commercial lending
• Finance services
• Payment processing

Headquarters

HQ city

Dallas

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 Financing Interest and Fees: Bellet & West generates revenue by providing premium financing loans to insurance policyholders. The company charges service fees on payment transactions (recurring direct debit and e-check: $5.00 per transaction; credit card: 4.00% of payment amount). Interest/finance charges accrue on the financed premiums, with potential rebates if paid off early.
2. Loan Administration: Revenue generated from managing premium finance accounts, including processing additional premiums added to existing accounts, down payment collection, and account monitoring.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Bellet & West Premium Financing provides premium financing loans to insurance policyholders (insureds) via retail insurance agents who act as referral partners. The company funds insurance premiums that customers cannot pay upfront, then collects the financed amount plus interest/finance charges over time through recurring monthly payments, mail payments, or online payments. It also offers online account management, e-signature quote confirmation for agents, and additional premium endorsements on existing finance accounts.

Product overview

Bellet & West Premium Financing offers a single integrated premium financing platform designed for insurance agents and their insureds. The core offering is the Premium Financing Service, supported by an Online Account Management Portal providing 24/7 access. Key features include an E-Signature Quote System for agent quote confirmation, various downloadable and online forms (Recurring Authorization Form, Online Contact Form, Agent Sign-Up Form, and Finance Agreement Request for Additional Premium), and multiple payment options including recurring direct debit, mail payments, and online payments via ePayPolicy integration. Founded in 1999, the company emphasizes ease of use and competitive rates.

Differentiator

Problem solved

Functional benefit

Products and services

• Premium Financing Service Core premium financing service enabling insurance agents and their insureds to finance insurance policy premiums, repayable over time with interest/finance charges. Customers pay through recurring direct debit, mail payments, or online e-check or credit card payments, with optional additional premium endorsements added to existing accounts subject to eligibility criteria.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Scale indicators2 records

Recent moves4 records

Expansion highlights1 record

Broad incumbents

• Jencap Insurance Services: Large specialty insurance wholesale broker that interacts with both agents and premium finance providers; an adjacent industry incumbent that influences agent premium finance choices and could partner with or compete against Bellet & West.
• Bank of America Insurance Premium Finance: National bank with a commercial insurance premium finance capability; represents the bank-channel incumbent competitive threat to niche independent premium finance firms like Bellet & West.
• Jack Henry & Associates: Large financial technology provider serving banks and lenders with broad lending and account-management software; overlaps with Bellet & West's platform needs as a broader incumbent that could expand into premium finance workflows.
• Wells Fargo Insurance Premium Finance: Banking giant with a premium finance offering for commercial insurance premiums; competes for the same agent-submitted business with materially greater capital, geographic reach, and balance-sheet capacity.

Direct peers

• AFCO Credit Corporation: Established premium finance company providing insurance premium financing to agents and policyholders across multiple states; competes head-to-head with Bellet & West for the same agent relationships and insured customers.
• IPFS Corporation: One of the largest independent commercial premium finance companies in the U.S., serving insurance agents and insureds with similar installment lending products and an agent-submitted quote workflow directly comparable to Bellet & West.
• First Insurance Funding (a Wintrust company): Specialty premium finance lender under Wintrust Financial, offering commercial insurance premium financing with agent-facing digital tools; directly comparable in product, customer, and channel.
• A.I. Credit Corporation (AICCO): Independent premium finance company focused on insurance agent and insured lending with online quoting and account management capabilities that overlap directly with Bellet & West's offering.

Others

• ePayPolicy: Insurance-industry payment processing platform that Bellet & West uses for credit card and ACH collections; a key vendor and an adjacent ecosystem participant serving the same agent-and-insured payment workflow.
• FinancePro: Software platform used by Bellet & West for authentication, account management, and new-user sign-up; serves multiple premium finance lenders and represents both a dependency and a category-level technology peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Bellet & West Premium Financing