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Future Vision copy Why The Future of Billing and Payments is Now

Why The Future of Billing and Payments is Now

Over the last two years, carriers, agents, and brokers have accelerated their digital initiatives due to the pandemic and rising customer expectations.  According to a Deloitte Institute for Financial Services study, 96% of insurers reported they were focused on accelerating

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Business Check Myths Busted

Business Check Myths Busted

By John Knotek, Vice President Operations – Payments, InsurePay A re-post article from the ORBiT Canada Newsletter Since 1990, check volumes have been on a steady decline in Canada, directly offset by an increase in electronic payments (credit and debit

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Monthly Self-Reporting vs Pay-As-You-Go

Monthly Self-Reporting vs Pay-as-you-go

What’s the Difference Between Monthly Self-Reporting vs. Pay-As-You-Go Billing in Workers’ Compensation Insurance? Pay-as-you-go billing has gone from “nice to have” to “must have” over the last two years.  There are a variety of reasons why carriers have been adding

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Why does the P&C industry still issue paper checks?

Why does the P&C industry still issue paper checks?

John Knotek, Vice President of Operations – Payments, InsurePay featured in Canadian Underwriter By David Gambrill Why are brokerages and carriers still heavily reliant on sending out paper checks, even when most of their clients likely don’t even own check

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