PHILADELPHIA, PA — 2iG Solutions, Inc. has successfully implemented its PFC Insight solution at Johnson & Johnson Preferred Financing (JJPF), a leading South Carolina-based premium finance company. This development highlights a pivotal moment for an industry traditionally reliant on basic reporting systems that often fall short in delivering comprehensive business intelligence.
Premium finance companies have long grappled with challenges in gleaning actionable insights from core systems, which typically offer limited analytical depth. Addressing this gap, PFC Insight emerges as a strategic tool, integrating 2iG Solutions’ expertise in insurance technology to provide robust data analytics tailored to the sophisticated needs of premium finance firms.
Travis Finn, Vice President at JJPF, expressed the transformational impact of PFC Insight, stating, “I don’t know how we functioned before 2iG Solutions and PFC Insight. If you are a PFC, and you don’t already use them, you should.” Finn emphasized the solution’s capability to harness critical business intelligence from their core system, Vertafore’s FinancePro™, and praised the AI Insight reporting feature for its user-friendly interface that allows seamless data queries and report generation.
The solution is designed to bridge the disconnect between policy data and premium finance loans, providing insurance companies, agencies, and managing general agencies with unprecedented analytical capabilities. PFC Insight not only enhances business intelligence but also streamlines operations, freeing IT resources from the burden of custom report development.
Harry Snyder, President and CTO of 2iG Solutions, reflected on the successful implementation at JJPF, noting, “Our goal in developing PFC Insight was to bring value in the form of business intelligence, ease of use for the business users, and to free up hours for the IT resources that are constantly developing custom reports. From a product perspective, it’s clear that we’ve delivered on all fronts.”
As 2iG Solutions continues to deploy PFC Insight across the industry, it sets a new standard for efficiency and data-driven decision-making in premium finance, promising enhanced operational performance and strategic insights.
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