Tuesday, August 30, 2016 — 11:25:33 (CDT)
Patriot know-how offers InsurePay to new york State insurance Fund
fortress Lauderdale, Fla., Aug. 29, 2016 -- Patriot know-how solutions, Inc., a subsidiary of Patriot country wide, Inc. (NYSE: PN), these days introduced that ny State coverage Fund (NYSIF), the biggest employees' compensation insurance company in ny State, has carried out InsurePay, a pay-as-you-go billing tool, to supply real-time fee processing for its laborers' compensation consumers.
"we're comfortable that NYSIF, a longstanding people' compensation company for more than a hundred years, has identified the value of InsurePay, a solution that makes it possible for them to streamline the birth of policyholder, payroll and top rate facts," pointed out Jeff Harris govt vp - business construction at Patriot national. "NYSIF is familiar with the importance of the use of most effective-in-classification technology solutions to bring price to their shoppers."
"growing to be adoption of InsurePay by leading worker's' compensation insurers is indicative of the aggressive expertise that our expertise solutions give to carriers," pointed out Steven M. Mariano, CEO of Patriot countrywide. "we are using our market management to capitalize on growth opportunities and put money into reducing-facet know-how options."
via its comfy, cloud-based SaaS platform, InsurePay enables agencies to pay their premiums every pay duration based on actual payroll in preference to generated estimates. This correct and flexible strategy reduces operational costs for insurance carriers and policyholders in addition to benefits agents with a competitive product. via precise-time processing, policyholders can reduce or get rid of significant down payments and prevent year-end audit discrepancies, and insurance carriers are capable of eliminate billing, collections and auditing costs.
About Patriot countrywide
Patriot country wide, Inc. is a country wide company of finished technology and outsourcing options that support assurance organizations and employers mitigate possibility, conform to advanced regulations and save time and cash. Patriot country wide provides frequent agency capabilities, know-how outsourcing, application solutions, distinctiveness underwriting and policyholder capabilities, claims administration capabilities, self-funded fitness plans and employment pre-screening features to its assurance service clients, employers and other shoppers. Patriot national is headquartered in fortress Lauderdale, Florida. For extra information about Patriot countrywide, please seek advice from www.patnat.com .
About Patriot technology solutions, Inc.
Patriot technology solutions (PatTech) is a leading issuer of know-how options for the property and casualty assurance business. PatTech specializes in assurance options that highlight a full core assurance suite answer with implementation competencies and including; skilled and consulting services and business information analytics with a cloud-based mostly SaaS mannequin. PatTech grants solutions that deliver carriers with top rate increase, policyholder retention whereas lowering their charge of acquisition and reducing their usual servicing can charge. Patriot technology solutions is headquartered in citadel Lauderdale, Florida with places of work worldwide. For more tips about PatTech, please visit www.ptsglobal.com .
source: business press unencumber.
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