National Premium Finance Association:
The National Trade Association for Insurance Premium Finance Companies
Supporting and Advocating for the Insurance Premium Finance Industry for Decades.
NPFA is a not-for-profit organization representing the collective interests of member insurance premium finance companies.
Insurance premium finance companies finance a broad range of borrower-insureds, ranging from Fortune 100 companies to small privately-held entities. The types of insurance coverage financed by NPFA’s constituents include workers’ compensation, automobile, property, casualty, directors’ and officers’, umbrella, and various other types of insurance products.
NPFA estimates that its members collectively finance over $40 billion of insurance premiums annually. These financing efforts alone facilitated the placement of insurance with a cash value well in excess thereof. It is further estimated that all companies engaged in insurance premium financing, which is estimated to be over 1,000 companies across the United States, collectively loan in excess of $45 billion annually.
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