New Hope Premium Finance Service, Inc. Selects Input 1 to Launch Premium Finance Operations
WESTLAKE VILLAGE, Calif., June 17, 2025 /PRNewswire/ -- New Hope Premium Finance Service, Inc. (NHPFS), a newly formed premium finance company based in North Carolina, has selected Input 1's Premium Billing System (PBS) and Input 1 Payments to launch its premium finance operations and take full ownership of the premium finance experience for their customers.
Owned and operated by experienced insurance professionals, New Hope made the strategic decision to bring premium financing in-house. The goal was simple: to gain greater control over the customer experience and generate new revenue without increasing overhead.
"We realized that outsourcing premium finance meant giving up control over a critical part of our customer relationship," said Oscar Landaverde, Vice President of NHPFS. "By launching our own finance company on Input 1's PBS platform and using Input 1 Payments, we get the automation, flexibility and support we need to scale efficiently. With monthly platform updates and built-in payment processing, the system supports our growth without increasing headcount."
Input 1's PBS is a cloud-based platform tailored for premium finance, offering full contract lifecycle support, automated workflows and agent tools. Integrated with Input 1 Payments, the system supports secure credit card and ACH processing, giving policyholders flexible payment options and agencies full control of billing.
"We're proud to support New Hope Premium Finance Service, Inc. as they expand their business," said Chris Farfaras, Executive Vice President of Input 1. "Oscar and his team saw an opportunity to better serve their policyholders, and we're excited to help power their next chapter."
About New Hope Premium Finance Service, Inc.
New Hope Premium Finance Service, Inc. is an agency-owned premium finance company based in Gastonia, North Carolina. Founded by a team of experienced insurance professionals, NHPFS was established to provide policyholders with a locally managed, service-first financing option, allowing the agency to retain full control over billing and collections.
About Input 1
Input 1 empowers insurance providers to modernize billing, payments, and premium finance with a flexible, cloud-based platform. Trusted by over 2 million users and managing $16 billion in premiums annually, Input 1 helps carriers, MGAs, and agencies adapt to market demands, strengthen customer relationships, and unlock new growth opportunities. Explore more at www.input1.com.
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