|
Advance Payroll Funding Ltd. announces partnership with IAG CLEVELAND, OHIO – July 14, 2009 – Advance Payroll Funding, Ltd. announced today that it has signed an agreement with Insurance Applications Group (IAG) to provide health benefit plans designed specifically for its staffing industry clients. IAG, the largest underwriter of health insurance for temporary employees in the nation, is underwritten by BCS Insurance Company (BCS is majority-owned by BlueCross BlueShield Plans), and is administered by PAI (a wholly-owned subsidiary of BlueCross BlueShield of SC).
Adam Stern, COO of Advance, says, “We are extremely pleased with this partnership. Our affiliation with IAG offers our clients enrollment for their employees that will give them tremendous leverage in recruiting and retaining top temporary workers, increasing their ability to win large contracts.”
John Walters, Director of Business Development for IAG, states, “Advance is the largest provider of integrated funding solutions to the temporary staffing industry, and IAG is the largest underwriter of health insurance for temporary employees in the nation. We each grew our businesses with a passion for service excellence, and help our clients do likewise. This is a perfect fit and we could not be happier.”
Advance is the leading provider of funding and payroll services to the temporary and contract staffing industry with a single focus; to help staffing firms grow through their integrated funding solutions and excellent services including A/R management, payroll tax administration, invoicing, credit, collections, and insurance benefits.
Information in this release may involve plans, strategies, expectations, beliefs, or intentions regarding the future. These forward-looking statements involve uncertainties and risks. Any and all forward-looking statements included in this release are based upon information available to Advance Payroll Funding, LTD as of the date of the release. We assume no obligation to update any such forward-looking statement. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. These factors include, but are not limited to: changes in market and competition, technological and competitive developments and potential downturns in general economic conditions.
|