SmartPay is a broker agnostic Pay-As-You-Go (PayGo) billing platform that connects carriers, agents, payroll companies, and policyholders to provide Workers’ Compensation Pay-As-You-Go billing solutions. SmartPay integrates payroll data directly into billing, so premiums are calculated and paid in real time.

Here are some key points about SmartPay:
Core Offering: Pay-as-you-go billing for workers’ comp insurance, with expanding capabilities into other lines of business.

How It Works:
– SmartPay offer 3 unique solutions that connects with payroll providers or allows employers to report payroll directly.
– Premiums are automatically calculated based on actual payroll rather than estimates.
– This reduces audit surprises, improves cash flow for employers, and gives carriers accurate, timely premium collection.

Scale:
– Works with 80+ insurance carriers, MGA/MGUs, and programs.
– Has processed over $125 billion in premium exposure through our platform in the past year.
– Currently providing PAYGO for over 40,000 policyholders.
– Integrated with over 400 payroll & 4000 retail agent partners.

Integration:
– Vendor-agnostic — meaning we can work with virtually any carrier, payroll vendor, or broker.
– Policyholders can use one of SmartPay’s three payroll collection tools: direct payroll system integrations, manual reporting, or third-party payroll connections.

Company Highlights: 

• Flexible Pay-As-You-Go (PayGo) Billing Platform. SmartPay Solutions offers a usage-based insurance billing system that calculates premiums based on actual payroll data rather than estimates.
• Seamless Integration Across Stakeholders. SmartPay’s platform integrates with: Insurance carriers, payroll providers, and agents.
• Best-in-Class Technology & Customer Support SmartPay is built on a secure, scalable, SaaS-based platform with: SOC compliance for data protection. In-house development and customer success teams. Customizable solutions tailored to each client’s need