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About

Functional Finance is the insurance billing and payments engine that governs how money actually moves once a policy decision is made. Sitting between the policy system and the general ledger, FF takes policy events—binds, endorsements, cancellations, reinstatements—and deterministically executes the resulting financial obligations. It handles billing and invoicing, payment collection, cash application, treasury routing, and distribution partner payables across agency bill, direct bill, installments, and premium finance models. Payments are automatically applied at the policy and line-item level, commissions and remittances stay in sync, and every transaction remains auditable over time. The result is a policy-aware flow-of-funds system that replaces manual reconciliation with predictable, scalable financial operations.

About

Ivans Distribution Platform is the solution that makes accessing your agency distribution channel easier, so you can market, quote, and bind more of the right commercial lines business. Plug into the largest network of retail agencies and technology partners to grow in-appetite submissions and expand into new distribution channels. By removing complexity from sales and distribution, Ivans Distribution Platform makes business more profitable for both you and your retail agency partners. Eliminate the need for one-off connections to manage and maintain commercial line point solutions. Save time and expenses by letting us do the work. Simply plug into Ivans Distribution Platform once to connect with every agency partner in our network. By providing agents with appetite information the moment they need to place their commercial risks, you will be able to receive more in-appetite submissions and improve your win-loss ratio.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Managing General Agents (MGAs), Insurance Carriers, Risk exchanges and MGA platforms, Finance, operations, and billing teams

Audience

Agencies wanting a solution to improve their digital quoting operations and simplify their sales and distribution

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Functional Finance
United States
functionalfi.com

Company Information

Ivans
Founded: 1983
United States
www.ivans.com/for-mgas/products/ivans-distribution-platform/

Alternatives

William

William

Certifi

Alternatives

BindExpress Suite

BindExpress Suite

SpeedBuilder Systems
Diamond Billing

Diamond Billing

Insuresoft

Categories

Categories

Integrations

No info available.

Integrations

No info available.
Claim Functional Finance and update features and information
Claim Functional Finance and update features and information
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Claim Ivans Distribution Platform and update features and information