AcordPay

A better way to pay

Insurance doesn’t work if money doesn’t flow. AcordPay simplifies and streamlines financial operations for insurance brokers and agents. Our payment solutions automate the receivables process of collecting client payments and eases the payment and reconciliation processes with carriers and vendors through our ClearPay service. Eliminate manual, tedious payment tasks today; with AcordPay it’s easy, secure and cost effective.

Brokers and agencies using our payment services, consistently provide positive feedback about the cost advantages and convenience that AcordPay delivers,” says AcordPay CEO, Mike Senechal. Integration with back office systems is an integral part of our offering and for the last 3 years we have been delivering Vertafore integrated solutions that will enhance the experience for all parties.”

Partnering with responsive, reputable technologies have long been the hallmark of our philosophy at Vertafore,” adds Stacey Miranda, director of product management at Vertafore Canada. As the AcordPay solution became a staple for our brokers to meet their needs for more payment options, we realized that payment technologies were a significant priority. Integration was the next logical step for us.”

AcordPay Graphic

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Testimonials

“We have used AcordPay’s credit card payment solution for 6 years. Adding the direct integration into our SIG BMS made issuing payment requests directly to customers even easier. Because their technology seamlessly ties into other key services for our brokerage, like First Insurance Funding of Canada, it has become an essential part of providing the payment options that our clients appreciate.”
–Carolyn Vickers, Merit Insurance Brokers

“AcordPays Clearpay service has saved us endless amounts of time and money! A regular part of my job used to be chasing payments. I would regularly have to call insurance carriers to determine if they received a cheque, where they are in the process of posting it, and what impact a delayed client’s payment may have on their coverage, etc. Now, they receive my payments electronically, so they are never late. Payments are never mis-posted due to the amount of information that my BMS sends with the payment, and I can easily prove that monies were sent when logging into the ClearPay website. This doesnt even factor in the money we have saved on physical cheques, ink, and courier costs! Overall, we are extremely happy with this service and our customers are too!”
–Rebecca Lloy, Roger E. Strum Ltd.