Related Products
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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.
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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.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Managing General Agents (MGAs), Insurance Carriers, Risk exchanges and MGA platforms, Finance, operations, and billing teams
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Audience
Agencies wanting a solution to improve their digital quoting operations and simplify their sales and distribution
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and VideosNo images available
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Pricing
No information available.
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationFunctional Finance
United States
functionalfi.com
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Company InformationIvans
Founded: 1983
United States
www.ivans.com/for-mgas/products/ivans-distribution-platform/
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Integrations
No info available.
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Integrations
No info available.
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