Producers



ClassicPlan has been financing Insurance Premiums for 30 years. We have put together a timeline that highlights the key points of ClassicPlan's history.

August 1984

BPN Corporation creates the "ClassicPlan" Insurance Premium Financing Program. BPN Corporation is wholly owned by its founders Peter Walski, Neil O'Shea and Barbara Walski.

July 1985

Due to the immense popularity of the ClassicPlan program, BPN Corporation relocates its main office to Chino, CA. ClassicPlan has been at the same location ever since.

June 1989

Continuing its strong growth, ClassicPlan grows to a staff of over 60 employees statewide.

March 1993

ClassicPlan hires on James Walski, a graduate of Santa Clara University, to direct the operations of the Information Technology Department.

September 1994

In order to solidify itself as a market leader, ClassicPlan hires long time premium finance specialist Dennis Hansen. Dennis Hansen brings ClassicPlan over 30+ years of premium finance experience.

November 1994

As ClassicPlan continues to grow, they open up their 3rd branch office located in Northern California.

May 1995

ClassicPlan forms a joint venture with Pan American Bank, FSB to become the sole source of funding for the insurance premium finance business.

January 1998

Continuing their pursuit to become the largest Non Standard Auto Premium Finance Company in the state of California, ClassicPlan purchases the rights to Commonwealth Premium Finance.

July 1998

ClassicPlan converts their internal computer software to a state of the art accounting system backed by the power of Oracle Corporation's Relational Database Server.

November 1998

As the largest Non Standard Auto Premium Finance company in the state of California, ClassicPlan purchases the rights to Norwest Financial's Coast Program. Coast Program had been a market leader in the premium finance business for over 30 years.

October 1999

Real time account status via the ClassicPlan web site is offered to producers. Using the latest web technologies producers can now view account status, request address changes, process additional premiums, quote a payoff and much more. All from any computer connected to the internet.

July 2000

Pay by Fax and Pay by Phone are introduced to give borrowers more options in paying their monthly installments. These systems allow producers and/or borrowers to submit payments by faxing a copy of the check used for payment or simply calling our office.

January 2001

Autopay, an automated check handling system for borrower’s monthly payments is introduced. Using Autopay borrowers can have their monthly installments automatically deducted from their checking account. This system dramatically improves retention and borrower satisfaction.

June 2002

ClassicPlan makes a concerted effort to expand the commercial lines department by offering customized premium finance solutions for their producers. These programs offer flexible installment plans, additional premium processing and extra services.

May 2003

ClassicPlan introduces WebQuote a web based point of sale system for commercial lines producers. The system allows producers to quote and prepare loans from any computer connected to the internet and includes quick quote, quote/loan lookup and a carrier database.

October 2004

ClassicPlan negotiates a new contract for funding its premium finance program from one of California’s fastest growing banks. This new relationship will provide ClassicPlan the funding necessary to achieve the goals laid out in the 2005 business plan.

June 2009

ClassicPlan celebrates 25 years of financing insurance premiums.

January 2011

ClassicPlan continues its expansion plan by securing licenses in numerous other states across the nation. Popular states include Texas, Michigan and Illinois.

June 2014

ClassicPlan celebrates 30 years of financing insurance premiums.



© 2000,2014 ClassicPlan Premium Financing, Inc.
Comments or questions Contact us.
Legal Disclaimer | Privacy Policy | Remote SupportInsurance Continuing Education
Producer | Borrower