SOURCE: IPFS Corporation

IPFS Corporation

June 01, 2011 09:09 ET

IPFS Corporation Launches New Brand

New Brand Combines Premium Financing Specialists Corp. and Imperial Credit Corporation

KANSAS CITY, MO and JERSEY CITY, NJ--(Marketwire - Jun 1, 2011) - IPFS Corporation, the leading independent provider of premium financing, is pleased to announce the formal launch of their new brand: Imperial PFS.

Imperial PFS was created by combining two of the strongest premium finance players in the market: Premium Financing Specialists (PFS) and Imperial Credit Corporation (ICC). Part of the same group following an acquisition one year ago, the two organizations have operated as separate businesses until March. With corporate offices in Missouri and New Jersey, Imperial PFS will operate 28 regional branch offices throughout the U.S. and Puerto Rico.

"We are combining the strengths of two very robust companies to create the leader in the premium financing industry," said Mike Gallagher, President, Imperial PFS. "Our continued focus and priority will be on the success of our agency partners. We now have the opportunity to offer an even broader range of services and programs across the spectrum of premium financing to our combined client base."

"This reorganization has allowed us to the take the strengths and best practices of both organizations and leverage this with our top resources," said Paul A. Zarookian, Chief Operating Officer and Executive Vice President. "Our long standing executive and management team remains in place as do our service teams across the country. We are committed to maintaining the services levels we have always provided, the efficiencies we bring to the process and the capability to help our clients get deals done."

About Imperial PFS
Imperial PFS is the natural choice for premium financing to insureds, insurance agents and brokers in the United States and Puerto Rico. With corporate offices in Missouri and New Jersey, Imperial PFS was created by combining two of the strongest premium finance brands in the market: Premium Financing Specialists (PFS) and Imperial Credit Corporation (ICC). The company employs over 500 people and serves over 17,000 agents across the US. For more information visit www.ipfs.com.

Contact Information