ClearPay Corp.

WHAT WE DO: We make it easy for insurance brokerages to pay carriers and send critical remittance data. For carriers we transform incoming payments to electronic and standardize the settlement data received. WHAT WE DON'T DO: We do not do any premium financing. HOW WE DO IT: Our service works directly with major broker management systems so that accounting professionals do not need to change their workflows but dramatically reduces touch points involved in making payments. A once and done BMS integrated process. For carriers, we standardize a process that currently has infinite iterations. OUR STORY: ClearPay was founded to deliver payment and reconciliation efficiencies for the P&C Insurance industry. Our people have extensive experience in banking, insurance and technology – a necessary trifecta to deliver a better way to pay. WHY IT WORKS: We work with accepted and secure banking processes and have ensured payments are always associated with policies. While the service is delivered by ClearPay, it was designed with extensive input from brokers and carriers, to eliminate pain points and maximize efficiencies in order to focus on the business of insurance, not the administration. WANT TO KNOW MORE: Feel free to follow us here on LinkedIn or visit us online at www.clearpaycanada.com

Insurance
Toronto, Ontario
Founded in unknown
1-10 employees

WHAT WE DO: We make it easy for insurance brokerages to pay carriers and send critical remittance data. For carriers we transform incoming payments to electronic and standardize the settlement data received. WHAT WE DON'T DO: We do not do any premium financing. HOW WE DO IT: Our service works directly with major broker management systems so that accounting professionals do not need to change their workflows but dramatically reduces touch points involved in making payments. A once and done BMS integrated process. For carriers, we standardize a process that currently has infinite iterations. OUR STORY: ClearPay was founded to deliver payment and reconciliation efficiencies for the P&C Insurance industry. Our people have extensive experience in banking, insurance and technology – a necessary trifecta to deliver a better way to pay. WHY IT WORKS: We work with accepted and secure banking processes and have ensured payments are always associated with policies. While the service is delivered by ClearPay, it was designed with extensive input from brokers and carriers, to eliminate pain points and maximize efficiencies in order to focus on the business of insurance, not the administration. WANT TO KNOW MORE: Feel free to follow us here on LinkedIn or visit us online at www.clearpaycanada.com

Company Information

Industry
Insurance
Company Type
Privately Held
Founded
unknown
Employee Range
1-10
Revenue Range
Not available

Location

Address
121 Richmond Street West Suite 1105 Ontario Toronto
City
Toronto
Region
Ontario
Postal Code
M5H 2K1
Country
Canada

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