FICP is a community of financial companies and insurance coverage trade conferences and occasions professionals devoted to creating members, and advocating the positive influence and worth of their work. Committed to providing superior service by means of know-how, we keep the shopper at the coronary heart of our enterprise. Most of the time, the shopper simply must contact their insurance agent and provide the serial numbers, models and cost of the tools that was not too long ago bought.

Normally, the client must either submit a Letter of Credit score (LOC), securities accounts, different non-financed life insurance insurance policies, annuities or every other onerous belongings authorized by Lender to fulfill collateral. I’ve been working with Lee from Strand Finance for several years now and I enjoy each minute of it. It’s nice when you can talk and take care of the proprietor of the enterprise always.

You will positively must fill out a bit extra paperwork if you happen to finance your automotive by means of a bank or different traditional financial establishment than should you pay for the car in money. The Finance and insurance sector evaluation for the roadmap relies on 4 main application situations based mostly on exploiting banks and insurance coverage companies’ personal information to create new enterprise worth.

Covering Commercial Insurance, Private Auto Insurance, Assigned Threat Auto Insurance & Personal Strains Insurance, Strand provides financing for insureds, insurance coverage brokers and insurance brokers in New York, New Jersey, Pennsylvania & Connecticut.

The finance and insurance sector by nature has been an intensively knowledge-pushed industry for many years, with monetary institutes having managed giant portions of buyer information and using data analytics in areas resembling capital market buying and selling.