Triumph Bancorp enters the Premium Finance Market with Input 1's cloud-based Premium Billing System

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Sep 23, 2015, 12:01 ET

WOODLAND HILLS, Calif., Sept. 23, 2015 /PRNewswire/ -- Input 1, LLC, a multi-national provider of insurance billing products and services, is proud to announce that Triumph Community Bank, N.A., has selected Input 1's Premium Billing System as its servicing platform to manage the receivables of their newly established premium finance division, Triumph Premium Finance (www.triumphpf.com).

Input 1, Billing solutions for the insurance and warranty industries.

"We believe that entering the premium finance market represents a smart and logical fit for our business model as we continue on our path of building new initiatives for our organization. Capitalizing on our financial strength and mix of business, we intend to build a strong financial arm which will allow our customers to more easily afford their insurance payments. The Premium Billing System from Input 1 is an important contributor to ensure that our entry into this space will be a successful one," said John DeDoncker, President of Triumph Community Bank, N.A.

"We have really enjoyed working with the team at Triumph. Their organization is unique, smart, and very progressive. We are excited to be involved in the launch of Triumph's premium finance business and to be working with their professional team to help leverage the extensive automation provided by PBS. The end result should be an exceptional customer experience, great efficiency for the Triumph Premium Finance staff, and strong margins for the stakeholders," said Todd Greenbaum, CEO and President of Input 1, LLC.

About Triumph Community Bank
Triumph Community Bank, N.A. is a member of Triumph Bancorp, Inc. (Nasdaq: TBK), a financial holding company with a diversified line of community banking, commercial finance and asset management activities. Triumph Community Bank, N.A. is a full service community bank headquartered in Moline, Illinois. Additional branches are located in Bettendorf and Davenport, Iowa; Canton, Chadwick, East Moline, Elgin, Havana, Milan, Moline, Morrison, Mt. Carroll, Rapids City, Savanna, Silvis, and Sterling, Illinois. Member FDIC. www.bankwithtriumph.com

About Input 1, LLC
Since 1984, Input 1 has been providing outsourced administrative services, software, and specialty consulting services to insurance carriers, managing general agencies, banks, and premium finance companies located throughout the United States, Canada, and the Virgin Islands. The company's software and internet services provide online access to more than one million agents, brokers, and policyholders annually. www.input1.com

Contact
Input 1, LLC
Marketing Department
888-882-2554 ext.2135
[email protected]

Triumph Premium Finance
Amanda Tavackoli
Marketing & Communication
214-365-6930
[email protected]

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SOURCE Input 1, LLC