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The fundamentals to outsourcing are to keep product development and competitive
advantage items under your hat. This in turn allows you to free your key managers
and executives from the day-to-day mundane tasks that are better sourced to an experienced
partner.
Every company’s needs differ in this regard and in response to this Input
1 provides a wide array of services from a complete “back-office” service
to specific web-based ASP services.
This option is a complete outsourced administrative service for your premium finance
business.
There are two possibilities under this scenario. If you do not yet have a premium
finance operation and are looking to build one, Input 1 will begin with the process
of corporate formation and application for regulatory licensing for your insurance
premium finance company. Input 1 will handle all correspondence with state and government
offices. Our knowledge of the requirements of these state and government offices
enable us to quickly expedite the approval of your license for whatever state(s)
you wish to do business in.
Input 1 will concurrently establish internal policies and procedures that will be
used in the administration of your premium finance company, and dedicate one or
more staff members, as volume requires, to the maintenance of records for every
loan you make.
Under this service plan, your organization is relieved of the responsibilities of
rent, salaries, bank account administration, filing and virtually all other requirements
of a premium finance company. Input 1's expertly trained staff undertakes all of
these requirements. Your “virtual finance company” is owned and controlled
by you, but the day-to-day tasks of taking phone calls, performing data entry and
processing paperwork is handled by our service staff.
If you determine that the specific needs of your organization require the outsourcing
of certain functions while you administer the daily activities of another, Input
1 can accommodate this.
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