Payroll Providers

InsurePay offers payroll processors the most advanced premium calculation and collection software available. We have designed the system to allow payroll processors to provide true “Pay As You Go” billing options with a variety of reporting formats.  You will benefit immediately from using us thanks to the fact that our transparency, reporting features, self-service and audit processing are just a few features offered free of charge to our payroll partners.

InsurePay calculates net rates (using carrier established pricing) for each class code, invoices policyholder, collects and remits premiums to approved carriers.  The payroll customer pays premiums based on actual payroll expenditures each payroll cycle using the net rate for each class code. Additionally, the system is set up to include or exclude officers and to consider many other factors such as overtime, reimbursed expenses and other non-chargeable premium items which vary by state.

To meet the demands of our premier payroll partners, we have integrated InsurePay with some of the leading payroll software providers in the country to provide seamless and secure file transfers.  The software integration offers unprecedented accuracy and simplicity which makes the experience more enjoyable for all parties.  (To see our premier partners, visit the partners tab).  Whether you use an integrated software solution, transfer formatted payroll files or upload payroll reports, our ease of processing will surprise users of all levels.  We understand and appreciate your time, which is why InsurePay calculates and collects all premiums and provides real time access to view the client’s payroll and premium comparisons, as well as see premium schedules and amounts paid each pay cycle.  Our industry leading technology provides peace of mind that your client’s premiums are calculated and collected accurately.

Some of the Benefits are listed below:

  • Reduced file formats required to transfer.  InsurePay is approved by more than 30 carriers which dramatically increases your productivity and decreases your workload.
  • Comprehensive wage reporting and mapping capabilities which increase the accuracy of premium calculations.
  • Lead generation by partnering with insurance professionals using InsureLinx.
  • Increased client opportunities and retention of existing clients.
  • Less involvement and management of policyholders.
  • Most knowledgeable team of insurance and technology personnel in the country.

If you are providing “Pay As You Go” services for your clients and not using InsurePay –

Ask yourself the following questions:

1.  Is the premium calculation for my client correct?

2.  What is actually subject to and exempt from workers’ compensation calculations?

3.  Why does the final premium audit result in different amounts than what we calculate?

4.  Are the workers’ compensation wage rules different by state?

5.  Is my client receiving the best service?

6.  Can my client see the premium calculations anywhere?

7.  Is my insurance partner providing us with leads?

8.  Why can’t we transfer ONE file and have it accepted by all carriers?

Ask your software provider if they offer InsurePay today?