InsurePay Pay-as-you-go

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.

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Advantages

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

Features

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.

Expertise

100 plus years of insurance services experience

Processed billions of dollars of premium

Best and most automation in the Pay-As-You-Go space