IPFS Premium Finance Program

One of the top concerns for RRGs is managing financial challenges and stress. NRRA has partnered with IPFS to give members an exclusive benefit that helps RRGs not only save money but also generate additional thousands to hundreds of thousands of dollars each year.

Program Benefits

Improve Cash Flow

Receive all your premium dollars up front so you can invest them immediately. Collecting premiums up front improves financial metrics, liquidity and RBC scores.

Obtain Premium Financing Directly

Get financing from IPFS for your members without having to use a broker (also eliminating a brokerage fee).

Save on Billing, Legal, and Staff Costs

Outsource your financing customer service, billing, staffing, collection, and legal compliance documents to IPFS.

Earn Out a Portion of the Finance Charges

Opt-in to receive profits of shared interest collected by IPFS, or opt-out to get the lowest possible rate for your members.

Leverage IPFS Technology

Get set up with a quick, easy-to-use dashboard and automated quoting process that also enables you to add on additional payment options for better user experience for your members.

Help Gain New Members for Your RRG

Financing allows RRGs currently without deferred payments to have access to customers who are unable to pay premiums up front. Offering installments increases insurance sales by 5-7%.

Calculate the Benefit for Your RRG

If you allow or have “deferred payments” for members, you can use our online calculator tool to get an immediate, dollar amount estimate for the financial benefit of joining the program.

If you do not allow for deferred payments, reach out to IPFS by clicking the button below to request an estimate for the financial benefit of joining the program.

How to Participate

Contact IPFS to schedule a convenient time to discuss the program’s benefit for your company’s specific situation and needs.

  • Get set up with the program in as little as one business day

  • IPFS offers 24/7 account access for NRRA members

  • Cancellation alerts and custom integrations are available

  • This program is open to all NRRA member RRGs.

  • Current members are generating thousands to hundreds of thousands by participating in this program.

  • No. In fact, IPFS pays for YOUR NRRA dues as well as offers you a portion of the collected interest.

  • All RRGs can benefit financially from this program, regardless of whether or not you allow deferred payments.

Learn more about how the premium finance program works and how it can benefit you.