castle LAUDERDALE, Fla., Aug. 29, 2016 /PRNewswire/ -- Patriot know-how solutions, Inc., a subsidiary of Patriot country wide, Inc. (NYSE: PN), nowadays announced that big apple State assurance Fund (NYSIF), the greatest laborers' compensation coverage provider in new york State, has applied InsurePay, a pay-as-you-go billing tool, to supply true-time payment processing for its laborers' compensation valued clientele.
"we are joyful that NYSIF, a longstanding employees' compensation provider for greater than a hundred years, has identified the price of InsurePay, an answer that allows for them to streamline the delivery of policyholder, payroll and top class statistics," referred to Jeff Harris executive vp – business construction at Patriot country wide. "NYSIF understands the significance of the usage of most desirable-in-classification expertise solutions to convey value to their purchasers."
"growing adoption of InsurePay by means of leading people' compensation insurers is indicative of the competitive competencies that our expertise solutions supply to carriers," stated Steven M. Mariano, CEO of Patriot country wide. "we are the usage of our market leadership to capitalize on boom opportunities and put money into slicing-facet expertise options."
through its secure, cloud-primarily based SaaS platform, InsurePay allows for businsses to pay their premiums each and every pay duration according to actual payroll instead of generated estimates. This accurate and flexible approach reduces operational charges for assurance carriers and policyholders as well as advantages agents with a aggressive product. through true-time processing, policyholders can in the reduction of or dispose of colossal down funds and stay away from 12 months-conclusion audit discrepancies, and coverage carriers are able to get rid of billing, collections and auditing prices.
About Patriot countrywide
Patriot country wide, Inc. is a countrywide provider of complete know-how and outsourcing options that assist coverage groups and employers mitigate risk, agree to complicated rules and retailer time and cash. Patriot countrywide gives generic company features, know-how outsourcing, application options, specialty underwriting and policyholder capabilities, claims administration services, self-funded fitness plans and employment pre-screening services to its coverage carrier valued clientele, employers and different customers. Patriot countrywide is headquartered in fortress Lauderdale, Florida. For more assistance about Patriot country wide, please visit www.patnat.com.
About Patriot technology solutions, Inc.
Patriot expertise solutions (PatTech) is a number one provider of technology options for the property and casualty assurance industry. PatTech focuses on assurance solutions that spotlight a full core insurance suite solution with implementation skills and including; knowledgeable and consulting features and enterprise facts analytics with a cloud-based SaaS mannequin. PatTech promises solutions that supply carriers with top class growth, policyholder retention while decreasing their charge of acquisition and decreasing their basic servicing charge. Patriot expertise solutions is headquartered in fortress Lauderdale, Florida with offices global. For extra advice about PatTech, please visit www.ptsglobal.com.
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Media and Investor Contacts:Cindy CampbellDirector of Investor family members and Public RelationsPatriot country wide, Inc.(954) 670-2907CCampbell@patnat.com
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