First Insurance Funding Corp.

Type: Subsidiary
On the web: http://www.firstinsurancefunding.com
Employees: 135

If premium financing is the last thing you need, don't call First Insurance Funding. Working through independent insurance agents and brokers, First Insurance Funding provides loans to businesses to finance the cost of their commercial insurance, including liability and property/casualty coverage. Clients finance their insurance premiums to preserve cash flow, consolidate insurance payments, and to potentially realize a tax deduction on the loan interest. One of the largest insurance premium finance companies in the country, First Insurance Funding is a subsidiary of Illinois-based financial holding company Wintrust Financial.

Key numbers for fiscal year ending December, 2007:
Sales: $41.0M

Officers:
Chairman and CEO: Frank J. Burke
Division President: Mark A. Steenberg
SVP and CFO: Michelle H. Perry

Competitors:
Bank of America
Birch Financial
Cananwill