Class Provider
Paulmar Education Program was designed by the Paulmar Group Principals to educate P&C retailing insurance work force on the financial management of trust accounts.
Paulmar Group, (Paulmar) is a pioneer in insurance trust accounting and financial solvency management services. Paulmar has developed an innovative trust accounting system that leverages the practical benefits of outsourcing.
Paulmar Group is a privately-owned Southern California-based software company with main office in Orange County, CA. Paulmar Group founders have broad experience in the day-to-day management of premium funds, operations management, expert knowledge of trust accounting and trust financial solvency management as well as analysis and software development.
As the independent agency system becomes more efficient and more profitable, tighter controls over premium fiduciary funds will reassure insurance carriers and regulators trust funds are adequately managed in accordance with Insurance Code mandates. Paulmar has dedicated significant resources and years of research to achieving these goals.
Our Vision
Our vision of the P&C insurance brokerage industry has three objectives in focus:
- Enable P&C insurance agencies to outsource their trust accounting and financial solvency management and re-organize themselves into standard sales and service operations;
- Help agencies focus their resources exclusively on sales and service;
- Establish a uniform reporting system of premium financial solvency throughout the independent insurance agency system.
Paulmar Group believes a new management culture is on the horizon in the independent agency system. More research and development are currently underway to integrate premium management operations of the industry’s retailers, general managing agents and carriers. The goal is to render the independent agency system highly efficient and prevent premium financial insolvencies.
Website
Paulmar Group has maintained a website since 2008 to publish information on insurance trust accounting and financial solvency reporting.
US Patent
On November 7, 2017, the US Patent & Trademark Office granted Chris Marinescu and Emma Hart a patent on insurance trust accounting and financial solvency reporting system.
CE Classes
Paulmar Education program focuses on information necessary in the trust accounting practice in the P&C insurance retailing industry. Such information may be used in colleges and textbooks.
Although mandated by law, P&C insurance trust financial management is not recognized in practice. Premium trust funds are physically separated from business operating funds in bank accounts but not in the agency’s accounting.
Paulmar education classes are available in all US states because all states are trust states.
Publications
Paulmar founders have developed unique expertise in insurance trust accounting and trust financial solvency management. To review the list of their published articles. Click here.
Paulmar Group Principals
Cristian Marinescu, Founder & CEO
Bio: Here
Email: chris@paulmargroup.com
Emma Hart, Founder & Vice President
Bio: Here
Email: emma@paulmargroup.com