- Analyze GPM report
- Understand client financial goals
- Identify client risk
- Determine Insurance needs and identify best-fit products
Pre-client meeting to agree upon appropriate strategies
- Client education
- Presenting solutions
- Application completion
- Application submission
- Underwriting negotiation with Carrier
- Policy acceptance
- On-going policy review
- Continued policy maintenance
- Policy servicing
Our Underwriting Process is efficient and thorough. Our Director of Case Management, with over 30 years of experience, will interact directly with your clients to complete and submit the application to the insurance carrier and Raymond James Insurance Group.
When appropriate, we utilize non-medical exam accelerated underwriting processes available from Raymond James approved insurance companies. Our medically and actuarially trained underwriters help your clients achieve the best coverage by matching them with the carrier that provides the most favorable rates given the specific health situation.
We handle the heavy lifting for you
PenFacs places great value on our relationship with Raymond James. We understand your ecosystem. We speak your language. We also know that protecting your client’s financial future is paramount to maintaining your closely held relationships with them.
This is why we go above and beyond to make the process of insuring your clients and protecting their assets into the future as simple as possible. With deep carrier relationships, PenFacs is able to secure the best premiums on behalf of your clients and we work on behalf of you and your client every step of the way.
To learn more about how we can help you with your clients’ needs, schedule an appointment with a PenFacs team leader today.