AcordPay is a North American leader in insurance payments technology that provides a suite of payment solutions including ClearPay, a service which enables producers to issue premium payments and to automate reporting to insurers. This Anywhere Enabled Integration with ClearPay enables the insurer to receive premium payments and corresponding reconciliation data and to directly import this into Duck Creek Billing.
ClearPay is integrated into major agency management systems which enables the producer the ability to set the amount payable, payment date, and to electronically approve the payment to an insurer without leaving their agency management system. ClearPay delivers remittance advice directly to Duck Creek Billing and transfers funds on the required date from the designated bank account of the producer to that of the insurer, both for monthly receivables and for one-time payments.
This integration eliminates the tedious process for an insurer of manually reconciling all producer payments while simultaneously reducing handling time and posting errors. With this assurance of payment from producers, insurers can also improve their ability to forecast cash flows.
Dependencies for Package
The following tools and packages are required for correct implementation of the package.
Tools Needed to Complete the Package Installation
The following tools are needed to complete the package installation:
- Duck Creek Author
- Duck Creek Express
- SQL Server Management Studio
- Microsoft Azure Subscription
- Visual Studio
To use this package, you must also have the Duck Creek Billing Installed.
Installing the Package
After you are granted access to the Content Exchange packages you requested, use the Content Exchange Package Utility to install the package. This utility can be run on the server or on your local machine.
To install a package:
- Download and install version 3.5.0 of the Content Exchange Package Utility.
- Once installed, open the utility and use it to install or unzip your downloaded packages. Learn more about using this utility.
Some packages are completely installed by the Content Exchange Package Utility while others still require some manual steps. The documentation provided with each package includes any manual steps required to successfully install that package.