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US Premium Finance

From EverybodyWiki Bios & Wiki



US Premium Finance
File:US Premium Finance logo.jpg
Private
ISIN🆔
IndustryFinancial services

Loan & credit services Insurance services

Fintech services
Founded 📆October 1, 1971; 53 years ago (as American Banking Company)

December 18, 1980; 44 years ago (as ABC Holding Company)

Moultrie, Georgia
Founder 👔Eugene M. Vereen, Jr.
Area served 🗺️
United States
Key people
Products 📟 Premium Financing

Financing Technology Insured Borrowing Insurance Software Cancellation Prevention Software

Mobile App for Borrowers
Members
Number of employees
2,702 (2021) 2,710 (March 2025)
ParentAmeris Bancorp
🌐 Websiteuspremiumfinance.com
📇 Address
📞 telephone

US Premium Finance (USPF) is a U.S.-based financial services company specializing in insurance premium financing. Founded in 1993 and headquartered in the Atlanta suburb of Peachtree Corners, Georgia. USPF serves a broad range of insurance brokers and agents–from boutique firms to the world’s largest insurance providers.

Overview

US Premium Finance offers financing solutions that allow businesses and individuals to pay insurance premiums through structured loan agreements. These services are particularly beneficial for clients seeking flexible payment options for insurance policies. USPF is known for its competitive loan rates, inventive loan structures, and responsive customer service. They operate in all 50 US states, Puerto Rico, and the US Virgin Islands.

Services

US Premium Finance provides financing for commercial insurance premiums. Services include:

  • Flexible loan terms tailored to client needs
  • Customized software for agents and brokers to manage accounts and generate documents
  • Mobile app for insured borrowers to manage policies
  • Cancellation prevention tools to help maintain coverage
  • 24/7 account access via web and mobile platforms
  • CAPE cancellation prevention program

Technology and Innovation

USPF emphasizes technological innovation in its service delivery. Its proprietary software streamlines the financing process, enabling agents to quote, document, and manage loans efficiently. The company also invests in continuous product development to adapt to the evolving financial services landscape. AI automation is utilized to actively enhance the premium finance process and provide added efficiency for agents and brokers.

Headquarters

US Premium Finance is headquartered in Peachtree Corners, Georgia and serves agents and brokers across the United States, Puerto Rico, and the US Virgin Islands.

Corporate Philosophy

US Premium Finance’s mission centers on delivering:

  • High-quality, inventive financing solutions
  • Courteous and responsive customer service
  • Streamlined processes through advanced technology
  • Reliable and secure access to account management tools

US Premium Finance is a member of the National Premium Finance Association (NPFA)

Parent Company

US Premium Finance, based in Peachtree Corners, GA, was previously a separate holding company. Ameris Bancorp acquired a minority ownership position in the company in 2017 and the remaining stake in 2018.[1] 

As a division of Ameris Bank, US Premium Finance is backed by a strong capital position and serves as a stable, competitive resource for commercial insurance financing.  The parent company, Ameris Bancorp, is a bank holding company headquartered in Atlanta, GA, with more than 50 years in business and managing over $26 billion in assets.

References

  1. "Ameris Bancorp to Acquire the Remainder of US Premium Finance". Ameris Bank. 1/26/2018. Check date values in: |date= (help)


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