Budget Installment Corp. (BIC) Launches New Website and Extends Business Hours

March 12, 2009

Garden City, NY, 03/12/09 – BIC is a nationally authorized premium finance company and is a wholly owned subsidiary of Webster Bank, N.A. BIC has been providing commercial premium finance solutions to the insurance industry since 1971. We offer competitive premium financing rates and stability in an ever-changing economic environment.

BIC’s excellent reputation has been built on the exemplary service we provide. In order to enhance this commitment of service to insurance professionals and their clients we have extended business hours and revamped our website. In addition to these recent upgrades, BIC also introduced state of the art quoting and account management technology in 2008. BIC is also a member of AMS Prevail Marketplace and has full integration capabilities with all AMS systems.

“The launching of our new website along with the first anniversary of our state of the art quoting and accounting system has brought us full circle enabling us to be competitive in all aspects of the business,” said SVP of Sales, Joe Felice.

Our new website was specifically designed for ease of use and to be your one stop for quoting, account management, contact information and forms. To accomplish this we have included our internal staffing list, arranged by department, and our how to forms, along with links to our quoting and account management system. Our website also features a section for your clients to make payments online free of charge and easily access their history with us. For those of you who are not familiar with us, we have a “Common Questions” section and a BIC “Advantage” section to answer any basic questions you may have.

“BIC’s enhanced website and extended hours provide our clients with additional flexibility in the methods they choose to conduct business—whether online, by e-mail, or by phone. Our cutting edge technology and integration capabilities, coupled with our experienced and knowledgeable staff, enables us to add value and develop strong partnerships with our clients,” – said Anthony Hanes, COO.

By launching our new website and extending our business hours, we have strived to further build on our history of competitive financing options and superior service.

For more information, please visit our website listed below.

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