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
• Save money
• Simple implementation
• Eliminate check fraud

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.