Acordpay

AcordPay is an insurance payment hub that streamlines and automates receivables and payables for agencies, carriers, and MGAs.

With AcordPay’s ClearPay service, agencies and carriers can benefit from end-to-end payment processing. This integration with the Duck Creek Platform delivers automated payments and reporting between major agency management systems and Duck Creek Billing, making auto-reconciliation a reality.

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Advantages
  • ClearPay is the only system that delivers funds and associated remittance information between agencies and carriers
  • Easy to use as compared to conventional ACHs
  • Most secure method for funds movement and remittance data vs. checks and email
Features
  • No more manual handling of payments and reporting from agencies
  • Easy to adopt for agencies as ClearPay is fully integrated with agency management systems
  • Remittance data is standardized for carriers without any effort by agencies
Expertise
  • Deep knowledge of agency management systems and workflows
  • Integrations with all major banks