InsurePay Pay-as-you-go
Payroll-Connected PayGo Billing for Accurate Workers’ Comp Premiums
InsurePay is a payroll-connected insurance premium calculation and payment platform. We use real-time payroll data to calculate premiums each pay cycle, automatically collecting the amount due, while giving policyholders flexible payment options.
Simpler Policyholder Experience
Connect policyholders with an easy to use portal that streamlines reporting and billing while giving them more payment options.
2,000 Payroll Provider Connections
Seamlessly link policyholders with the largest network of premier payroll providers to streamline reporting and ensure accurate payments.
Flexible payment collection
Offer policyholders the payment options they expect, including credit cards, ACH transactions, and more.
Accurate Premiums from Real-time Payroll
When payroll data is submitted, InsurePay calculates premium due so billing reflects actual payroll activity throughout the policy term.
How it works
Getting started is easy
Our Paygo platform offers a user-friendly and seamless implementation and integration experience, enabling carriers or MGAs to enter the market swiftly and effortlessly.
No-code setup
Expedite market entry with a no-code onboarding process. Carriers can input policy data through the provided carrier portal or opt for direct integration with their policy admin systems. Take a look at our existing accelerators for Duck Creek and Guidewire and get started in as little as 7-10 days.
Policyholder onboarding
Automatically inform policyholders via email when a policy is created with an intuitive registration process. Policyholders are guided to setup their payroll reporting method (automatic or manual), payroll cycle and payment method.
Premium calculation & collection
InsurePay Pay-as-you go automatically calculates premium due upon submission of payroll data. When payroll data is received the payment method on file is debited for the amount owed and both parties are notified.
Automate your process
Why organizations choose Pay-as-you-go
Automate your back-office
Automate processes and minimize administrative tasks, saving time and effort for both policyholders and insurers, allowing them to streamline their operations, boost overall efficiency, and devote resources to strategic priorities.
Boost policyholder retention by 9%
Ensure fair and accurate premiums based on real-time payroll data. With simplified, automated payments, policyholders experience touchless transactions, increased transparency, and cost efficiency with no hassle yearly audits.
Increase payment accuracy
Reduce the hassle of time-consuming and intrusive manual audits. By automatically tracking and reporting real-time payroll data, policyholders can ensure accurate premium calculations throughout the policy term.
Leverage your data
Access powerful real-time data for informed underwriting decisions, improved risk assessment, and revolutionary insurance practices through seamless AI and machine learning integration, empowering you to stay ahead of competitors.
Flexible payments
Payments made easy
Empower policyholders with the freedom to choose from various payment methods, including credit cards, ACH transfers, and more, ensuring a seamless and secure premium payment experience for enhanced convenience and flexibility.
Payroll reporting
Premier payroll connections
Empower policyholders to effortlessly connect with their preferred payroll providers in just a few clicks, ensuring a seamless, top-tier experience for streamlined payroll reporting and billing precision.
InsurePay Your Way
How organizations like yours use InsurePay
