InsurePay® Payables streamlines and automates payments and statements between MGAs, agents and carriers. With InsurePay, payments are made on time without concern for lost checks and information. Facilitate the transfer of funds securely between financial institutions and deliver statements from all major agency management systems.
InsurePay Payables streamlines your carrier payment process:
One click from
Schedule the arrival, cash date and amounts for payments
No missing or lost checks and no check fraud
- Funds are transferred automatically - no specialized banking services required.
- Agent authorized – payment amount and deposit date are controlled by agency.
- Only carriers or MGA’s can receive funds.
- Choose differing levels of authority in the agency – ability to view only, generate payments, or approve payments.
- Remote approval, designated authorities in agency can approve payments wherever you have an internet connection – phone, tablet or computer.
- Funds are transferred based on established and safe banking procedures.
- InsurePay Payables utilizes a level of system protection on par with many international banking institutions, including 256 bit encryption and data exchanged with standard security protocols.
Losses, Cancellations and Fraud
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About InsurePay® Payables