Our story
Premium trust accounts were a problem the founding team saw up close. The status quo was banks that didn't understand compliance requirements, provided zero yield on significant balances, and operations teams spending their best hours on workflows that should be automatic. Advance was built to fix that.
Our vision
A future where every insurance organization, from a two-person agency to a top-20 MGA, has the financial infrastructure to run a clean, modern operation without building a back-office team to support it.
Platform overview
Everything you need in one place
Bill pay, wire transfers, ACH, and check capabilities. Manage fewer banking relationships while maintaining full operational control using AI that learns your operations.
Our control systems meet the highest third-party standards.
Advance integrates with your existing stack. No rip-and-replace. Your team keeps the tools they know while gaining a dedicated premium money platform.
No multi-month implementation or AMS replacement required. Get running quickly without disrupting existing workflows.
Our team
Meet the Co-Founders
Advance was built by FinTech and engineering veterans who saw the problem up close, and built a solution for it.
Co-Founder & CEO
Omer Rimoch
2x FinTech Founder. Former Co-Founder & CTO of PayEm.
Co-Founder & CTO
Gal Dreiman
Entrepreneur and AI expert. Former software engineer at Microsoft.
Frequently Asked Questions
Is Advance a bank?
No. Advance is a financial technology company that provides a financial platform built for insurance. We work with banking partners to provide insurance-native infrastructure designed specifically to manage premium money flows.
How long does it take to go live?
Most organizations are live within a week, and a trust account can be set up in minutes. There is no multi-month implementation, no AMS replacement, and no disruption to your current operations.
Does Advance replace our existing systems?
No. Advance works alongside your current tools. We are not an AMS or a rip-and-replace solution. Your team keeps its existing workflows while gaining a dedicated platform for premium money.
Who is Advance built for?
Advance serves MGAs, retail agencies, and wholesale brokers. If your organization handles premium money and wants more control, visibility, and yield on those balances, Advance was designed for you.
Are there minimum balance requirements?
No minimums. You earn yield on your premium balances from day one, regardless of account size.
Do you offer back-office or bookkeeping services?
Yes. Advance partners with insurance-native bookkeeping professionals to offer white-labeled back-office operations as a service. One relationship, less complexity for your team.
