Input 1 Partners with AxisPeak Capital to Launch Premium Finance Platform
In a significant development for the financial technology industry, Input 1 has been selected by AxisPeak Capital, LLC, a new firm backed by Bender Equity, to provide the technology and services necessary for launching a next-generation premium finance platform. This partnership aims to simplify and enhance the operations involved in premium finance, making the process smoother and more efficient for clients and stakeholders.
The Power of Partnership
Based in Ridgewood, New Jersey, AxisPeak Capital is a fresh entrant in the premium finance sector, focusing on delivering tailored financial solutions to both commercial and personal insurance clients. The unique aspect of this collaboration lies in AxisPeak's utilization of Input 1’s Premium Finance as a Service (PFaaS) model, along with their expertise in digital payments and financing infrastructure. This strategy is designed to facilitate rapid scalability and support increased demand in the market.
Chris Farfaras, the Executive Vice President at Input 1, expressed confidence in the partnership, stating, "AxisPeak Capital brings strong financial acumen and long-term vision. Their team understands the opportunity within premium finance, and they've made a smart decision to rely on an operational partner with decades of experience. Our role is to deliver the full infrastructure they need to launch, operate, and grow with confidence."
Input 1 is committed to guiding AxisPeak through crucial processes such as licensing and daily administration. This support allows AxisPeak's management to concentrate on strategic development, relationship building, and portfolio enhancement, ultimately leading to a more robust market presence.
Emphasis on Customer Experience
Zachary Ross-Nash, the Founder and CEO of AxisPeak Capital, highlighted the company’s aspiration to deliver exceptional customer service by nurturing strong relationships and ensuring uncompromising execution. "We wanted to move with thoughtful urgency, fusing institutional discipline with entrepreneurial speed," he said, emphasizing their focus on growing within the premium finance industry.
The relationship with Input 1 equips AxisPeak Capital with the necessary tools for successful market entry, providing insight into a highly competitive and underdeveloped sector of financial services.
Bender Equity's Role
Bender Equity, the private investment firm supporting AxisPeak, has a keen interest in identifying and investing in high-growth sectors. Their backing underscores the firm’s commitment to strategic expansion in the financial market. The choice to enter the premium finance space reflects their confidence in the potential for growth and innovation in this area.
About the Companies
About AxisPeak Capital, LLC
AxisPeak Capital stands out as a premium finance company dedicated to offering flexible financing solutions for insurance premiums. Supported by a robust team of industry veterans, the firm is poised to make a significant impact in the financial services landscape. For more information on their services and offerings, they can be reached via their website at
www.axispeakcapital.com.
About Input 1
Input 1 is recognized for its cutting-edge solutions aimed at revolutionizing the insurance industry. With a proven track record of managing $16 billion in annual insurance premiums across platforms for over 2 million unique annual users, their services streamline the billing, payments, and premium finance processes. To learn more, visit
www.input1.com.
This collaboration between Input 1 and AxisPeak Capital signifies a notable development in the premium finance space, showcasing the need for innovation and operational expertise within the industry. As both companies move forward, their combined efforts will likely shape the future of premium finance.