Magna Finance picks insurance-focused payment provider Input 1’s services

Input 1 is a digital billing and payments provider to the insurance industry. Now it has been picked by Magna Finance to provide its digital cloud platform for its insurance premium finance business.

Massachusetts-based Magna is a provider of commercial and consumer financing to insurance agents and their policyholders.

“We selected Input 1’s Premium Billing System because of the expansive features available right out of the box,” said Gregory Kozacka, President of Magna Finance Company. “PBS was clearly designed by people who understand premium financing, and the system is extremely intuitive. Many of the features we needed already existed in a mature and highly functional way. None of the other solutions we looked at were as refined or complete. With Input 1 and PBS, we now have the technology and the support infrastructure to complement our client-centric focus and take us forward to meet the needs of our growing business.”

Chris Farfaras, executive vice president of Input 1, added, “When we first were introduced to Greg and the Magna team, we were immediately impressed with the emphasis they placed on efficiency and streamlined operations – as well as how they fostered a responsive and effective work environment. As we learned more about their business, we saw a greater opportunity to help Greg meet his goals through technological advancements that could improve the digital customer journey in a way that their service centre already did. We couldn’t be more pleased to welcome Magna Finance to the Input 1 family of customers.”

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