Progressive Solutions for Lasting Relationships


Join Prime Rate at the IIABSC's
Spring Conference, March 15-16

Visit with Prime Rate's Gary Cornell at the Big I of South Carolina’s Spring Conference at the Embassy Suites Hotel in Columbia, S.C., March 15-16, sponsored by the Independent Insurance Agents & Brokers of South Carolina.

Prime Rate offers IIABSC agents a number of distinct advantages. These include opportunities to maximize revenue; online access to Prime Rate’s user-friendly quoting system; and a full team of in-house customer service experts available to help IIABSC agents provide optimal premium finance solutions to their insureds.
 
Learn more by contacting Prime Rate's Gary Cornell at 803-517-8358.  The IIABSC honored Gary at its 2016 annual convention, naming him as the 2016 IIABSC's Industry Person of the Year.  The award recognizes industry representatives other than independent insurance agents who have contributed greatly to the insurance industry in South Carolina. 
   



Join Prime Rate at L.A. I-Day on March 9th

Going to Los Angeles I-Day at the Pasadena Convention Center on March 9th?  Make sure to stop by our booth and say hello to Mark Todd and Sandy Ruehman.  Sponsored by the Independent Insurance Agents and Brokers Association of Los Angeles (IIABA-LA), the event brings together insurance executives, brokers and agents representing the Los Angeles area insurance community.

Mark and Sandy will be available to discuss innovative premium finance solutions from Prime Rate and our sister company, AFCO.  Lear more by contacting  Mark Todd at 818-605-9886 or Sandy Ruehman at 626-826-2945.


Prime Rate, PIA of Louisiana’s Endorsed Premium Finance Company, in the Spotlight at YIP in Baton Rouge, Jan. 26-27

Visit with Prime Rate's Allison Salter at the PIA of Louisiana's Young Insurance Professionals (YIP) Winter Conference at the Hilton Capitol Center in Baton Rouge, Jan. 26-27. Prime Rate Premium Finance is the endorsed premium finance company of the PIA of Louisiana, and the The PIA's conference theme is "Rollin’ on the River." with the emphasis on helping young agents improve their value to clients, exactly the focus of Prime Rate and our sister company, AFCO.
 
Through the PIA Member Program with Prime Rate, PIA of Louisiana members gain distinct advantages. These include opportunities to maximize revenue; online access to Prime Rate’s user-friendly quoting system; and a full team of in-house customer service experts available to help PIA of Louisiana agents provide optimal premium finance solutions to their insureds.
 
To learn more, contact Prime Rate's Allison Salter at 504-875-8655 or visit the PIA of Louisiana’s website for information about the advantages of the PIA Member Program with Prime Rate Premium Finance.


Prime Rate's Gary Cornell Honored as
2016 IIABSC Industry Person of the Year

Gary Cornell, Vice President and Senior Business Development Officer with Prime Rate Premium Finance and its sister company AFCO Credit Corp., has been named the 2016 IIABSC Industry Person of the Year by the Independent Insurance Agents and Brokers of South Carolina (IIABSC).

The award recognizes industry representatives other than independent insurance agents who have contributed greatly to the insurance industry in South Carolina. The IIABSC’s announcement of the award noted, “Cornell has always put independent insurance agents first and has built a long and dedicated career of helping agents be better at serving their customers.” 

Alan Malone, Southeast Regional Sales Manager for AFCO-Prime Rate, said, “This is a wonderful reflection of Gary’s commitment and professionalism. Gary was nominated by his peers, which consists of agents and company personnel, and then voted on by the Executive Board of the IIABSC. That shows how highly he is regarded by top professionals in the industry. This is a tremendous honor for Gary, and very well-deserved.”

Celebrating his 30th anniversary with AFCO and Prime Rate in 2016, Cornell is as passionate about giving back to the industry as he is about helping agents support their insureds, and he is actively engaged in promoting IIABSC efforts to support younger agents.  In 2013, he was recognized with a Chairman’s Citation for service to the association.  The IIABSC presented Cornell with its 2016 Industry Person of the Year award at the association’s annual meeting on Oct 31.

IIABSC, with statewide membership of approximately 400 insurance agencies and branch offices, is South Carolina’s oldest and largest association of property and casualty insurance agents.


Prime Rate to be at All Industry Day in Dallas, Nov. 10

Visit Prime Rate’s booth (No. 316) at the IIAD’s All Industry Day in Dallas on Nov. 10th at the Irving Convention Center. Contact Jack Roehrig (214-402-3137) for additional information about All Industry Day and to learn more about Prime Rate’s premium finance solutions for personal lines and commercial accounts, helping agents cultivate lasting relationships with their insureds.


Join Prime Rate at the IIABSC Convention, Oct. 30-Nov. 1

Visit with Prime Rate's Gary Cornell at the Big I of South Carolina’s Annual Convention at Omni Grove Park Inn in Asheville, N.C., Oct. 30-Nov. 1, sponsored by the Independent Insurance Agents & Brokers of South Carolina.

Prime Rate offers IIABSC agents a number of distinct advantages. These include opportunities to maximize revenue; online access to Prime Rate’s user-friendly quoting system; and a full team of in-house customer service experts available to help PIA of Louisiana agents provide optimal premium finance solutions to their insureds.
 
To learn more, contact Prime Rate's Gary Cornell at 803-517-8358.


Join Prime Rate at All Industry Day in Dallas, Nov. 10

Visit Prime Rate’s booth (No. 316) at the IIAD’s All Industry Day in Dallas on Nov. 10 at the Irving Convention Center. Contact Jack Roehrig (214-402-3137) for additional information about All Industry Day and to learn more about Prime Rate’s premium finance solutions for personal lines and commercial accounts, helping agents cultivate lasting relationships with their insureds.


Prime Rate's Office in Florence Open Again After Hurricane Matthew

Prime Rate’s office in Florence, S.C., has reopened with limited staff to support agents and insureds. We welcome telephone inquiries by telephone at 843-669-0937 but request patience due the high volume of calls we are receiving in the wake of flooding and wind damage caused by Hurricane Matthew throughout the region. 

No cancellations will be sent to insurance carriers during any time our office is closed.  You can send email, fax, or web requests for reinstatement to our normal channels.

Our thoughts and prayers are with all those affected by the storm, as well as emergency responders and volunteers helping local residents.


Visit Prime Rate at the LAAIA Convention, July 29, in Hollywood, Fla.

Prime Rate will be at the center of South Florida's largest insurance trade fair, the 46th Annual LAAIA Convention of the Latin American Association of Insurance Agencies (LAAIA).  Prime Rate and our sister company AFCO will be exhibiting at Booth No. 56 during the July 29th Trade Fair at the Diplomat Resort & Spa in Hollywood, Fla.  Learn more by contacting Maria Baker at 305-968-3548 or Justin Liebman at 561-818-0235.


Join Prime Rate at the PIA of Louisiana’s Convention

Visit with Prime Rate's Jason Stefanick at the PIA of Louisiana's 73rd Annual Convention at the Marriott Grand Hotel Resort, Golf Club & Spa in Point Clear, Alabama, July 9-12.  Prime Rate Premium Finance is the endorsed premium finance company of the PIA of Louisiana.  

In the spotlight at the show: Prime Rate’s PIA of Louisiana Member Bonus Program.  Also highlighted will be Prime Rate’s flexibility and ease of doing business, in keeping with Prime Rate’s emphasis on helping agents improve their value to clients, and benefits such as customizable revenue for agencies and multiple options for document delivery. 
 
Through the PIA Member Program with Prime Rate, PIA of Louisiana members gain distinct advantages. These include opportunities to maximize revenue; online access to Prime Rate’s user-friendly quoting system; and a full team of in-house customer service experts available to help PIA of Louisiana agents provide optimal premium finance solutions to their insureds.
 
To learn more, contact Prime Rate's Jason Stefanick at 281-216-4826 or visit the PIA of Louisiana’s website for information about the advantages of the PIA Member Program with Prime Rate Premium Finance.


FAIA Honors Justin Liebman as Young Agent Associate Member of the Year

Prime Rate's Justin Liebman, CIC, AAI, received the 2015-16 Young Agent Associate Member of the Year Award from the Young Agents Council (YAC) of the Florida Association of Insurance Agents (FAIA), at the invitation-only Young Agents Council luncheon held during the FAIA’s 2016 Convention in Orlando on June 17, 2016.

Mr. Liebman, a Business Development Officer for Prime Rate Premium Finance and its sister company AFCO, was recognized for his contributions to the FAIA’s Young Agents Council during the past year, and for exemplifying professionalism and ethical behavior. The Florida Association of Insurance Agents Young Agents Council was created to support and encourage the professional development of young agents and those new to the field.


Providing the Premium Financing Tools FAIA Agents Use to Build Their Business

Look for Prime Rate and our sister company AFCO's exhibit(#805-807)at the Florida Association of Insurance Agents (FAIA) Conventionat the Orlando World Marriott Center, June 16-18.

With "Build Your Bench" as the FAIA's theme for the event, make sure to check out the Lowe's giveaways at our booths.  Prime Rate and AFCO offer industry-leading tools and capabilities that help FAIA agents increase revenue, improve profits and cultivate closer relationships with insureds.

Learn more by contacting Maria Baker at 306-968-3548; Dianne Tucker at 863-640-9011; Justin Liebman at 561-818-0235; or Marc Ratnowsky at 404-862-9874.


Prime Rate, PIA of Louisiana’s Endorsed Premium Finance Company, in the Spotlight at YIPS, Feb. 18-19, in Lafayette, La.

Visit with Prime Rate's Benny Spadoni and Jason Stefanick at the PIA of Louisiana's Young Insurance Professionals (YIPS) Winter Conference at the Doubletree by Hilton in Lafayette, Feb. 18-19.  Prime Rate Premium Finance is the endorsed premium finance company of the PIA of Louisiana, and the PIA's conference theme is "YIPS: The World Series," with the emphasis on helping agents improve their value to clients – exactly the focus of Prime Rate and our sister company, AFCO.
 
Through the PIA Member Program with Prime Rate, PIA of Louisiana members gain distinct advantages. These include opportunities to maximize revenue; online access to Prime Rate’s user-friendly quoting system; and a full team of in-house customer service experts available to help PIA of Louisiana agents provide optimal premium finance solutions to their insureds.
 
To learn more, contact Prime Rate's Benny Spadoni at 713-409-2249 or visit the PIA of Louisiana’s website for information about the advantages of the PIA Member Program with Prime Rate Premium Finance.


Prime Rate to be at the NAAIA Conference in Atlanta, Sept. 23-25

Prime Rate and our affiliate company AFCO will be showcasing premium finance solutions for personal lines and commercial accounts at the National African-American Insurance Association’s 2015 Conference and Empowerment Summit in Atlanta, Sept. 23-25. The NAAIA is dedicated to empowering African-American insurance professionals currently in the industry as well as increasing their numbers nationwide. Learn additional details from Prime Rate’s Marc Ratnowsky at 404-862-9874.


Join us at the IIABW / PIA Western Alliance Joint Conference

Look for Prime Rate’s Steve Palmer at Booth No. 26 at the 2015 Washington Joint Conference of the Independent Insurance Agents of Washington (IIABW) and the PIA Western Alliance. The IIABW/PIA of Washington Joint Conference & Trade Show will be held from Sept. 16-18 at Tulalip Resort in Marysville, Washington, just north of Seattle. For details, contact Prime Rate's Steve Palmer at 425-238-1522.


Join Prime Rate at the Latin Agents Convention in Florida, Aug. 5-9

Prime Rate will be well-represented at South Florida’s largest insurance trade fair, the 45th Annual LAAIA Convention, Aug. 5-9, in Hollywood, Fla. Make sure to visit Prime Rate at Booth No. 69 and also enjoy the convention’s “Roaring Twenties” wrap-up festivities on Friday evening, co-sponsored by Prime Rate and AFCO, our affiliate company.  Learn more by contacting Prime Rate’s Maria Baker at 305-968-3548 or Justin Liebman at 305-670-8703.


Join Prime Rate at the Texas PIA’s Convention, June 3-6

Visit Prime Rate's exhibit (Booth No. 16) at the Texas PIA’s Annual Convention and Trade Show at the Historic Menger Hotel in San Antonio, June 3-6. 

As the Texas PIA’s Platinum Partner for premium finance, Prime Rate offers an exciting program designed especially for Texas PIA agents.  The program offers competitive rates, a user-friendly quoting system and a full staff of customer service personnel to support agency needs.  Texas PIA members also benefit from a revenue-sharing opportunity through normal business activities.

For details, contact Jack Roehrig at 214-402-3137,  Benny Spadoni at 713-409-2249 or Wes Becknell at 830-660-6416.



Texas PIA's Newest PLATINUM PARTNER: Prime Rate Premium Finance Corporation

The Texas PIA (Professional Insurance Agents) Association is partnering with Prime Rate Premium Finance Corporation to offer an exciting new program especially for PIA Members in Texas.

The program offers competitive rates, a user-friendly quoting system and a full staff of customer service personnel to support agency needs.  Texas PIA members also benefit from a revenue-sharing opportunity through normal business activities.

Prime Rate Premium Finance Corporation is a longtime leader in the business of making loans to pay insurance premiums. Prime Rate offers the highest level of premium financing products, technology and services to the insurance industry. The combination of superior customer service and commitment to technology continues to be Prime Rate’s key to success in offering agents and their insureds progressive solutions for lasting relationships.

For additional information on Prime Rate's endorsement as a Platinum Partner of the Texas PIA, please contact Jack Roehrig of Prime Rate Premium Finance and AFCO Credit Corp. by calling him at 214-402-3137.   



Now Available for Insureds: 24/7 Mobile-Friendly Payment by Smartphone

Insureds can now make online payments via smartphone 24 hours a day after clicking the “Login for Insured Customers Link” on the home page of PrimeRatepfc.com. Facilitated by Western Union, payments can be made by ACH transfer directly from the insured’s checking or savings account or by credit card. Western Union assesses a $7.50 Western Union fee for an ACH payment and a $9.00 Western Union fee for a credit card payment.


Prime Rate's Dianne Tucker Leads Insurance Professionals of Polk County, Fla.

Dianne Tucker, ACSR, CPIW, assistant vice president and business development officer for Prime Rate, has been named president of the Insurance Professionals of Polk County (IPPC) in Central Florida.

Affiliated with the International Association of Insurance Professionals (IAIP), the IPPC promotes networking through a diverse membership from all facets of the insurance industry, while also providing educational opportunities for insurance professionals to pursue personal and professional goals. The IPPC primarily serves agents and brokers in the Central Florida region east of Tampa, but membership to IPPC is open to anyone employed in the insurance industry. To learn more about the IPPC, contact Dianne at 863-640-9011.


Payment Change Notification for Insureds Opting for the Immediacy and Convenience of ACH/Debit & Credit/Debit Payment Options

Western Union is now the payments vendor coordinating insurance premium payments made by ACH/Debit (check) transactions or Credit/Debit cards to Prime Rate Premium Finance Corporation, as of September 2014.

These convenient options are ideal for insureds who opt to make urgent payments to avoid policy cancellation. Many other insureds routinely use this option because of its convenience and same-day account application (up to 4 p.m. Central Time).

The convenience fees for using the Western Union option are $7.50 for ACH/Debit (check) and $9 for Credit/Debit Cards. The maximum payment limit is $5,000 for Credit/Debit Card Payments and $99,999.99 for ACH/Debit (check) payments.

The convenience fees, which are assessed by Western Union, compare favorably to overnight package-delivery fees, which can exceed $22 per package. Insureds using the Western Union option for credit card payments should note whether the credit card they use for payment has a cash-back reward option; for example, if the insured makes a $1,000 payment with a credit card offering 1.5% cash-back rewards, the insured would earn $15 in cash back while paying only $9 for the transaction. It’s an attractive, convenient option for paying insurance premiums.

These changes apply only to urgent-payment options (ACH/Debit and Debit/Credit Card payments).

Additional Payment Options

Prime Rate offers a range of other convenient payment options, including:

      • Payment via recurring ACH (checking account), for which the insured can secure the forms needed to provide their bank by calling Prime Rate toll-free at 800-777-7458 or our main office number at 843-669-0937.
      • Online bill pay or automated bill pay set up through the insured’s bank (typically free or with a nominal fee charged by the bank)
      • Regular mail (U.S Postage Service) that the insured can send to Prime Rate’s lockbox for the cost of a standard stamp (currently $0.49 per stamp)
      • In-person payment at the insurance agent’s office Payment at any MoneyGram location (Walmart, CVS, etc.)

Honoring Sandy Ruehman

Sandy Ruehman has been named Premium Finance Sterling Award winner for 2014. The Sterling Performance Club Awards Program recognizes and honors associates who are top performers and demonstrate superior revenue and sales production. Only the top five percent, by job function, from throughout the corporate footprint earn an invitation to attend the Sterling Gala, held at the end of March in Boca Raton, Fla.


Teresa Brannock Wins Prestigious Recognition by PIA of Virginia and District of Columbia

Teresa Brannock, CPA, Business Development Officer and Assistant Vice President for Prime Rate and AFCO Insurance Premium Finance, has been named "Outstanding Company Representative of the Year" by the Young Professionals Council of the Professional Insurance Agents Association (PIA) of Virginia & District of Columbia.

Ms. Brannock received the prestigious annual honor in an awards ceremony at the 2013 PIA of Virginia & DC convention in Williamsburg, Va.  The honor is especially impressive because it is a peer-selected award nominated by the 1,200 professional, independent property/casualty insurance agents who are members of the PIA of Virginia & DC.

The PIA's recognition is awarded based on Ms. Brannock's achievements, assistance given to agents, degree of technical knowledge, awareness of market conditions and her approach to solving industry challenges. The PIA also considered her professional development, work as a volunteer, teaching and speaking at industry events, and active participation in PIA VA/DC events, committees, membership recruitment, as well as active involvement in local, state and/or federal legislative issues, in addition to support of PIA VA/DC’s legislative positions, and contributions of service to community, charitable, civic, religious or business organizations.


PIA of Louisiana members enjoy the benefits of premium financing solutions from Prime Rate.