InsurePay Reconciliation for Duck Creek Billing

InsurePay Reconciliation Duck Creek Accelerator

With InsurePay Reconciliation, 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.

Key Benefits

Save Time

  • Reduce handling and secure storage costs handling checks.

  • Reduce needless communication between departments.

  • Automatically generate reports.

  • Eliminate duplicate entry.

Save Money

  • No more expensive printing costs for checks.

  • No more courier charges.

  • No more chasing down signatures.

  • Significantly reduce bank fees for electronic debits vs checks.

Simple Implementation

  • Low time commitment (wizard driven set-up).

  • Support available 12 hours a day.

Eliminate Check Fraud

  • The insurance industry is a popular target by fraudsters

  • Electronic funds transfer is proven to be safe and secure

Key Features

Custom Designed for Insurance Industry

  • Secure system that processes payments from agencies to carriers.
  • Works with multiple systems and accounts.

Customize and Manage Users

  • Designate and manage users.
  • Customize user settings to determine access levels and notifications.

Real Time Notifications

  • You receive full notice of pending payments upon the agency authorizing payment.
  • Policy data is directly associated with payment.

Access and Manage Payment Reports

  • View real time reports that identify payment stages as pending, authorized or deposited.
  • Access associated policy data needed for reconciliation.
  • View historical deposits by agency.

Automated Reconciliation Report

  • Turnkey auto-reconciliation with Guidewire and Duck Creek systems.
  • Choose file format to receive data.
  • Direct web services feed available for straight through processing.

Bank Level Security

  • Funds are transferred based on established and safe banking procedures.
  • InsurePay Reconciliation utilizes a level of system protection on par with many international banking institutions, including 256 bit encryption and data exchanged with standard security protocols.

Next Steps

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T: 866.951.5469 ext.25253