InsurePay Reconciliation

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