Hanover Excess Moves Their Premium Finance Division to the Cloud with Input 1 and the Premium Billing System - News and Press Releases

Input 1 News and Press Releases


Hanover Excess Moves Their Premium Finance Division to the Cloud with Input 1 and the Premium Billing System

Input 1, LLC, a multi-national provider of insurance billing products and services, is proud to announce that Hanover Excess and Surplus, Inc. has selected Input 1's Premium Billing System as its new servicing platform to manage the growing receivables of their premium finance subsidiary, Hanover Premium Finance.

"Our premium finance division helps us ensure that our customers keep their insurance in force with a payment plan that works for them.  In order to remain competitive and to support our growth, we needed a best-in-class platform—supported by a partner that has a deep understanding of this business and a strong commitment to supporting their customers.  We needed a partner to advance our technology to a point of vast superiority than that of our competition, a partner that answers the phone when we call, and a partner that gets things done fast and correctly, the first time.  We found that partner with Input 1 and PBS," said Leah Barr, Vice President and Chief Financial Officer.

"We are honored to have been selected by the people of Hanover Excess and Surplus to provide a rock-solid foundation and support system upon which they can continue to expand their premium finance business.  Our API provided for a rapid integration that supports seamless financing at point of purchase.  Couple that with our ability to build custom features, unique to their needs, and we have a winning formula.  When you join forces with a company like Hanover, that has been serving their industry and their customers for over 40 years, there is an opportunity to make a significant impact on the customer experience and strengthen the future of the business.  We look forward to working with Hanover as they continue their impressive run in the mid-Atlantic," said Chris Farfaras, Executive Vice President and Chief Sales and Marketing Officer for Input 1.


About Hanover Excess and Surplus and Hanover Premium Finance 
Serving Virginia, North Carolina and South Carolina since 1970 and Georgia since 2011.  Hanover is a general wholesale agency with a remarkable depth of experience and breadth of product lines – an insurance agent's comprehensive resource for challenging coverages.  Hanover is a trusted advisor for PROvision Coverages, including E&O, For-Profit/Not-For-Profit D&O, Professional Liability and Personal Coverages, including Homeowners, Condos & Renters, Mobile Home, and Excess Wind & Flood.  www.hanoverxs.com


About Input 1, LLC 
Since 1984, Input 1 has been providing outsourced administrative services, software, and specialty consulting services to insurance carriers, managing general agencies, banks, and premium finance companies located throughout the United States, Canada, and the Virgin Islands. The company's line of SaaS products and services, comprised of insurance billing, premium finance, mobile account management and payment processing platforms provides online access to more than one million agents, brokers, and policyholders.

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