

InsurePay Reconciliation for Guidewire PolicyCenter
InsurePay Reconciliation Guidewire
Accelerator
With InsurePay Reconciliation, agencies and carriers can benefit from end-to-end payment processing. This integration with the Guidewire Platform delivers automated payments and reporting between major agency management systems and Guidewire 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
Next Steps
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Carrier Information Form
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.