Flex for insurance

Drive policy adoption.

Improve retention with flexible payments.

Flex lets customers split their insurance premium into smaller, same-month, interest-free payments. You receive the full premium upfront, on time, limiting the risk of payment-related policy lapse.
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For sales presentation purposes only. Not an available product for consumers. An application and credit assessment are required. Customers may be responsible for a recurring monthly membership fee and a bill payment fee.

Flexibility is the new standard of payment

As financial pressure mounts on households, offering payment options that reflect their reality is no longer a perk—it’s the necessary tool to stabilize your revenue and keep customers enrolled.

Rising insurance costs

Car insurance costs are at an all-time high (rising 40% since 2020), driving record shopping activity (57% of customers shop, and 92% save money when they switch).
Source: www.cbsnews.com/miami/news/more-americans-shopping-for-new-car-insurance-than-ever-before-study-says

Lapse risk fuels uninsured drivers

Cost pressure directly leads to lost revenue and increased market risk: 15% of households allow their essential policy to lapse, contributing to the estimated 29% of drivers currently driving uninsured.
Source: newsroom.transunion.com/nearly-15-of-consumers-allow-auto-insurance-coverage-to-lapse–as-shopping-fails-to-yield-lower-rates

$20B paid in customer bills annually

47%

of customers report they would delay essential bills (like utilities) without flexible payments

$0

cost for providers to offer Flex

  • 4.8

rating across iOS and Android App Stores

Insurance providers get paid in full, when the bill is due.

Lower delinquencies

Prevent costly disconnections and reduce financial risk.

Boost operational efficiency

Save staff time and effort with automated, reliable payment collection.

Zero cost to your business

Absolutely no fees or operational costs for providers.

Lower delinquencies

Prevent costly disconnections and reduce financial risk.

Boost operational efficiency

Save staff time and effort with automated, reliable payment collection.

Zero cost to your business

absolutely no fees or operational costs for providers.

Lower delinquencies

Prevent costly disconnections and reduce financial risk.

Boost operational efficiency

Save staff time and effort with automated, reliable payment collection.

Zero cost to your business

absolutely no fees or operational costs for providers.

Lower delinquencies

Prevent costly disconnections and reduce financial risk.

Boost operational efficiency

Save staff time and effort with automated, reliable payment collection.

Zero cost to your business

absolutely no fees or operational costs for providers.

How Flex works:

A win-win for insurers and customers

For the insurers

Customers make two payments to Flex—the 1st when bill is due and the 2nd later in the month.

For the utility providers

The carrier is paid the full premium upfront (monthly, or the entire policy premium)

How Flex works:

A win-win for insurers and customers

For the customer

Customers make two payments to Flex—the 1st when bill is due and the 2nd later in the month.

For the insurers

The carrier is paid the full premium upfront (monthly, or the entire policy premium)

Give your policyholders the flexibility, control, and peace of mind that their essential coverage stays active.

Secure upfront, on-time payments with Flex.