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Who Is PAC?


Premium Assignment Corporation (PAC) is a commercial lines insurance premium finance company. Founded 50 years ago in 1961 in Tallahassee, Florida, we are now the 4th largest premium finance company in the United States. PAC is a wholly owned subsidiary of SunTrust Banks, Inc., a super-regional bank holding company with principle subsidiaries in Alabama, Florida, Georgia, Tennessee, Virginia, Maryland and the District of Columbia. For more information on our parent company, visit their website at SunTrust.com.

We are dedicated to providing you the technology that makes managing your premium finance operation easy. Our websites are some of the most flexible and easy to use in the industry. Support is readily available to assist you.

We invite you to browse our website and see what PAC can offer you. Give us the opportunity to earn your business and we will!

COMMONLY ASKED QUESTIONS

What types of business does PAC target?

PAC finances commercial lines insurance premiums that typically range between $2,500 and $5,000,000.

Where are you licensed to do business?

PAC is licensed to do business in all 50 states.

What makes PAC different from other premium finance companies?

We provide our clientele with the security of doing business with a stable, high-quality company that offers value-added service and superior, professional attention. The benefits of PAC are the reason we are one of the fastest growing companies in our industry.

Does PAC offer competitive rates?

PAC is a wholly owned subsidiary of SunTrust Banks, Inc., one of the nation’s top 6 commercial banking organizations with over $180 billion in assets. SunTrust allows us to borrow money under favorable terms which means we can offer creative financing solutions along with highly competitive rates.

How do I start doing business with PAC?

If you are interested in giving us the opportunity to earn your business, please contact our Marketing Department at (800) 342-0991, ext. 5413 or call an office located nearest you. If you prefer, E-mail us!