insurance billing solutions
SimpleINSPIRE provides a comprehensive billing system tailored for the insurance industry, offering flexibility in managing premiums and receivables. With customizable payment plans, you can adjust billing by line of business, premium amounts, and state regulations. It also supports specialized billing for mortgagees and premium finance companies.
The billing process is automated and can be delivered through various channels, including electronic methods. If there’s a change in the policy premium, the installment schedules automatically update to match. You can also set up cancellations for non-payment based on either the bill due date or the equity date, depending on your preferences.