InsurePay Offers End-to-End P&C Billing and Payments with Latest Series B Investment led by Aquiline Technology Growth
Summary
With the AcordPay acquisition, InsurePay will offer an entire suite of insurance payment solutions for collecting premiums, settling with markets, and managing claims and refunds. "InsurePays talented team has built an industry-leading platform of billing and payments solutions, and this additional funding will support the acquisition and continued development of the companys product roadmap," said Jeff Greenberg, Chairman and Chief Executive Officer of Aquiline Capital Partners. About InsurePay InsurePay® is an Insuretech billing and payments provider whose solution enables insurance providers to seamlessly offer a Pay-As-You-Go (PayGo) billing and payments solution for the P&C market including workers compensation insurance carriers and policyholders whereby insurance providers can monitor each policyholders exact premiums for each pay cycle—all through InsurePays secure, custom-branded portal with direct data connections to leading payroll companies. Today, InsurePay processes more online PayGo billings than any other independent services company in the world. The ATG team has experience in technology and financial services and is supported by its colleagues at Aquiline, strategic partners, and an active group of industry Executive Advisors.