Insurance premium finance advice from experts

Premium Finance Software

Credibility earned, never given and can never be taken away or surpassed.

Since 1979, Evolution Inc. has been at the forefront of developing premium finance software. Only once, in 2015, were we asked why we didn't operate a premium finance business ourselves. Our response was simple: our software already supports numerous companies, spanning decades. To us, owning a premium finance company was unnecessary; our current approach has proven effective.

Reflecting on this exchange, we realized that owning such a company might have made us complacent, hindering our software's evolution. Instead, we remain dedicated tool makers, leveraging decades of expertise to listen to our clients' needs and translate them into reality.

Whether you're a startup looking to enter the premium finance sector, a seasoned firm seeking improved methods, or simply need third-party servicing, Evolution Inc. can assist you. With a legacy that spans over four decades, we've partnered with Fortune 500 companies, insurance agencies, and premium finance companies ranging from $250 million to $1 billion in size.

Our consultancy services include:

• Business analytics
• Fraud prevention and detection
• Financial and procedural audit procedures
• Exception reporting
• Bad debts and mark-off reduction
• Premium finance industry best practices
• Maximizing profit and efficiency
• Transaction services for starting or selling premium finance companies
• Compliance audits
• Daily due diligence and underwriting
• Borrowing base creation and review

Addressing a competitor's bold claim against software developers who don't operate finance companies, we highlight our success in capturing a $250 million premium finance account due to our software's capabilities. With tens of billions processed and rigorous audits passed, including those by Accenture, we've established ourselves as leaders in the industry. Our expertise, gained through extensive collaboration with industry professionals worldwide, sets us apart.

Credibility is something we've earned through hard work, not bestowed upon us, and certainly cannot be surpassed. Evolution released our Windows product in 1993, years ahead of competitors who followed suit much later, claiming innovation and leadership.

In conclusion, our commitment to innovation and client service has made us the oldest, most experienced, and technologically advanced vendor in premium finance software. By anticipating technological shifts, we empower our clients to excel in the marketplace, ensuring their success for decades to come.