InsurePay is a leading provider of Pay-As-You-Go (PayGo) billing for the workers' compensation industry delivered through our cloud based, Software-as-a-Service (SaaS) solution.
InsurePay is the leading provider of Pay-As-You-Go payroll aggregating, premium calculating, and billing for the workers’ compensation industry. InsurePay is a cloud-based SaaS platform which, not only aggregates payrolls, but calculates, collects, and remits insurance premiums for each pay cycle using real-time payroll data. InsurePay brings together technology, efficient processes, best practices, and a broad network of payroll partners to enhance a policyholder’s experience.
InsurePay is fully integrated with the Duck CreekPlatform, any Duck Creek Platform carrier can now effortlessly offer and maintain a Pay-As-You-Go application. InsurePay extends the powerful functionality of the Duck Creek Platform by allowing carriers to instantly offer best in class carrier-branded Pay-As-You-Go. InsurePay integrates with 1,400+ different payroll providers, so an insured’s transitioning to a more dynamic payment program can occur immediately and without interruption.
With InsurePay, insurance providers can monitor their policyholders’ exact premiums for each pay cycle through our secure custom branded portal with direct data connections to leading payroll companies. InsurePay provides a simple, accurate, and flexible product that delivers cost benefits to carriers, agents, and policyholders.
No premium invoicing
Reduces bad debt/uncollectable earned premium
Collection of actual premium during policy period
More accurate renewal decisions
Complete policy transparency
Real-time premium adjustment
Increases policy retention
Competitive advantage increases
Customer satisfaction increases
Agency loyalty
Reduces cancellations and reinstatements
Provides real-time access to point of sale data and premium adjustments
Rapid integration with minimal IT resources
Easy customization capabilities
Quickly generates year-to-date comparisons and trending reports.
100 plus years of insurance services experience
Processed billions of dollars of premium
Best and most automation in the Pay-As-You-Go space