Input 1, a provider of managed billing, digital payments, and premium finance technology and services for the insurance industry, and Insillion, an insurance technology provider serving carriers and MGAs, have announced a strategic partnership spanning policy administration, payments, and premium finance.
As Insillion expands its presence in the US market, the partnership broadens its ecosystem while reducing the need for carriers and MGAs to build and manage separate connections across premium payment and financing workflows.
Mahavir Chand, co-founder of Insillion, said US customers were looking for combined solutions.
“As we continue to work with MGAs, program administrators, and carriers in the U.S., we see a need for solutions that bring the best of both worlds by combining policy administration with payments and premium financing,” said Chand. “Input 1 brings deep insurance expertise and proven financial infrastructure that strengthens what we can offer customers as their businesses grow.”
Todd Greenbaum, chief executive officer of Input 1, said a strong payment experience gave insurers greater flexibility.
“A strong payment experience gives insurers the flexibility to support how customers want to pay while keeping the operational side coordinated and efficient,” said Greenbaum. “Working with Insillion brings payments and premium finance into the same platform, giving carriers and MGAs a more efficient way to support premium transactions within the workflows they already use.”
Insillion delivers insurance technology for carriers and MGAs across North America, India, the Middle East, and APAC. With over 20 years of industry experience, it provides low-code, cloud-based solutions with a pay-as-you-grow model, enabling rapid product launches, faster quote-to-bind, and AI-powered process automation.
Input 1 delivers technology-enabled billing, digital payments, and premium finance capabilities through a single, integrated platform. Trusted by more than 2 million users and supporting the management of $16bn in annual insurance premiums, it provides the infrastructure insurance organisations rely on to manage inbound premium payments and finance operations across North America.
