Founded in 1961 and acquired by IPFS Corporation in 1998, Premium Assignment Corporation (PAC) specializes in insurance premium financing. The company enables businesses and individuals to pay their insurance premiums in installments rather than a single lump sum, thereby improving cash flow. PAC partners with independent insurance agents to offer these financing options to their clients, integrating technology to create a seamless process for quoting, signing, and managing finance agreements.

Founded in

United States