Cananwill, Inc. Background
Incorporated in 1937, Cananwill, Inc. is one of the largest premium finance companies in the world. Premium finance is a loan made to insured's for the purpose of paying their insurance premium. Cananwill provides insurance premium funding products for the commercial property and casualty insurance industry, with approximately $5 billion of commercial insurance financed annually. Years of experience give Cananwill an edge in finding effective answers to financing questions. The company services clients from small businesses to Fortune 500 corporations. All products are marketed through retail and wholesale insurance brokers and insurance companies throughout the United States, United Kingdom, Ireland, Australia and Canada.
Cananwill recognizes and understands the dynamic nature of both the financial and insurance marketplaces and their effect on the business environment of Cananwill's customers. Response to the ever-changing market is Cananwill's commitment to "ultimate creativity and flexibility" in the design of financial products and delivery systems.
Businesses finance insurance because it can help increase cash flow, free up working capital, and act as an additional line of credit.
Capabilities
- Full service premium funding for all types of property and casualty insurance policies
- Dedicated finance professionals working to add value to broker's services through the design of creative payment options and quality service
- Plans available for retrospectively rated policies, non-cancellable D & O policies and bankrupt insured's
- Signature ready contracts faxed or e-mailed directly to brokers and insureds within minutes