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Modernizing insurance payment processes transforms a routine touchpoint into a strategic competitive advantage. As digitization reshapes every link along the insurance value chain, one essential component still lags: the payment experience. For policyholders, the payment process is one of the most frequent and tangible touchpoints with their insurance carrier. But outdated payment systems and non-specialized call center representatives often result in a frustrating experience for policyholders seeking an accurate understanding of their payments. Modernizing the payment experience presents an opportunity to foster customer goodwill in the insurance industry. However, regulatory nuance and capital demands of financing premium payments make this an area where insurance carriers, managing general agents (MGAs), and insurance agents benefit from innovative technology and strategic partnerships. Insurance premium finance companies have evolved from an industry utility into allies helping insurers meet customer expectations and build competitive advantage. The traditional, narrow view of premium finance has been purely functional, missing the broader strategic potential. Today, while premium finance companies deliver fully integrated, digital-first payment experiences, only a few are forward-thinking enough to incorporate the latest cutting-edge technology. Some carriers have explored in-house financing models, but most find partnering with the right third-party premium finance company delivers quantifiable results, including delivering payment innovation reliably and expediting the cash cycle. Speed and Flexibility Without the Capital Burden Financing premiums in-house requires considerable capital reserves. It also necessitates loan servicing capabilities, regulatory and financing expertise, and significant exposure to credit risk. For many insurers and MGAs, this is simply not a core element of their business model. Leading premium finance companies provide a deep specialization in both financing and customer service. These firms are built specifically to handle the complexity and expectations of the premium finance process, from precise billing calculations and cancellation workflows to high-touch borrower support. Their service teams are trained to work with policyholders who may not be familiar with financing mechanics. This level of customer service is difficult to replicate internally without additional cost burdens and ensures that policyholders receive timely, expert support that reflects positively on the insurer's brand. In many instances, the premium finance company's customer support team becomes a main contact for the insurer's agents and customers. For commercial policies, their service specialization can be the difference between a closed sale and a missed opportunity. Elevating the Customer Experience With Innovative Payment Solutions Customer experience is a key differentiator in an increasingly competitive insurance market. Policyholders want to manage their policies and payments the same way they manage many financial aspects of their lives: online and on mobile. Forward-thinking premium finance companies have responded with platforms that integrate seamlessly into the quote-to-bind process and policyholder portals. They incorporate technologies that have become expected in payment processing, such as electronic signatures, auto-pay and online account services. Some premium finance companies further streamline the payment process by incorporating innovative solutions into antiquated methods. For example, they deploy secure, single-use QR codes on printed and emailed payment notices. These codes directly link to the customer's personalized, secure payment portal, thus eliminating the need to log in or manually enter account details. This noticeably reduces friction for customers who still receive paper correspondence or who prefer traditional billing formats, while maintaining security and compliance. Another innovation is incorporating opt-in text message payment reminders with shortened, secure URLs. These messages allow policyholders to access their payment portals with a single tap, improving on-time payment rates while reducing cancellations due to missed installments. The convenience of mobile-first communications reflects how today's consumers prefer to interact with service providers of all kinds. Building these cutting-edge, compliant financing capabilities internally is a resource-intensive project for insurance carriers, which distracts from an insurer's core objectives. Premium finance companies have already made these investments, including API-based integration with agency management systems, co-branded borrower portals, and automated document generation. Final Thoughts: Rethinking Payment Processing as a Strategic Advantage In an era where customer expectations are rising and digital transformation defines competitiveness, the payment and financing experience has become a strategic opportunity. Historically overlooked, this metaphorical "last mile" of the insurance process can be a key differentiator for carriers, MGAs, and agencies willing to modernize their payment processes. insurance organizations gain more than capital support by affiliating with specialized premium finance companies. They gain access to turnkey technology, compliance expertise, and customer service infrastructure built specifically for the unique demands of insurance financing. These partners enable insurers to deliver an innovative payment experience without the financial and operational burden. As the industry continues to evolve, those who rethink payment and financing as a core component of the customer journey will be best positioned to drive loyalty and compete at the speed of today's market. In this ever-changing technological landscape, it's important to continuously reevaluate consumer payment options. Modernizing the payment experience benefits both insurers and their customers.

MIAMI, – June 03, 2025 – Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today announced an increase to its revolving line of credit with First Horizon Bank (NYSE:FHN), a leading regional bank operating in 12 states across the southern U.S. The amendment raises Standard Premium’s borrowing capacity from $45 million to $50 million, supporting the Company’s strategic growth trajectory. “Standard Premium has consistently demonstrated strong performance and thoughtful leadership in a dynamic market,” said Jake McCrary, managing director, First Horizon Bank. “First Horizon has maintained a strong relationship with Standard Premium since it became a client in 2021.” The amended line of credit, effective since May 21, 2025, marks the fourth modification to the loan agreement since its inception in 2021. The increased commitment comes at a pivotal time for the Company, which continues to see rising demand for flexible premium financing solutions amid record breaking growth, including a 24.9% year-over-year revenue increase. Additionally, net income surged 84.1% in FY 2024, while loan originations rose 14%. In Q1 2025, earnings per share increased 230% as the Company improved profitability and reduced operating expenses by 7.8% year-over-year. “This expanded line of credit positions us to meet growing demand, invest in innovation and better serve our customers across the country,” says William Koppelmann, CEO, Standard Premium. “We appreciate the continued support of First Horizon Bank, who understands our commitment to meaningful growth objectives.”

MIAMI, – June 03, 2025 – Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (Standard Premium), a leading specialty finance company, today reaffirmed its position as a stable, growth-oriented domestic investment option amid rising global trade tensions and tariff-related market volatility. The Company’s U.S.-focused business model remains shielded from international trade risks, supporting continued growth performance and resilience. “Standard Premium operations are entirely domestic, highly regulated and unrelated to global supply chains,” says William Koppelmann, CEO, Standard Premium. “We remain impervious to the kind of market disruptions that tariffs often create across most sectors.” Standard Premium’s core business initiatives are rooted in a steady, service-driven model that is focused on achieving measurable growth milestones. With low exposure to international volatility and a track record of profitable growth, the Company continues to offer investors clarity and consistency. “We believe disciplined, transparent business models like ours offer long-term value and stability with expanded profitability, investments in growth opportunities and increased shareholder value through all market cycles,” Koppelmann adds. The Company also recently announced a $250,000 stock repurchase program, reinforcing confidence in its strategic direction and financial strength. The program, which runs through November 2, 2025, offers flexibility to return capital to shareholders while supporting continued growth. Backed by record profitability in FY 2024 and Q1 2025, Standard Premium remains dedicated to disciplined expansion, accelerating growth, shareholder value creation and leveraging its operational momentum to drive sustainable long-term performance across evolving market conditions.

MIAMI, Fla. – May 27, 2025 – Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), a leading specialty finance company, today announced that its board of directors approved a stock repurchase program where the Company may purchase up to $250,000 of common stock in privately negotiated transactions over a six-month period, expiring November 2, 2025. The program will depend on market conditions, stock price, regulatory requirements and limitations, corporate liquidity requirements, priorities and other factors. “The stock repurchase program reflects our confidence in the strategic direction, growth prospects and financial strength of the Company to support our strategic objectives,” says William Koppelmann, CEO, Standard Premium. “The program provides flexibility to return capital to shareholders and demonstrates the long-term value of our business model.” The program does not require the Company to purchase any particular number of shares and there is no guarantee as to the number of shares that will be purchased. The timing and price of repurchases, and the actual number of shares repurchased under the program will be at the discretion of management. “The repurchase program is an efficient use of capital and a reflection of our disciplined approach to growth and value creation,” added Koppelmann. “As we continue to execute our acquisition strategy and expand our national footprint, we remain focused on delivering long-term returns for our shareholders.”  The repurchase program aligns with the Company’s record profitability in FY 2024 and Q1 2025, reflecting continued financial momentum and operational strength.