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IntegrityPayTech | Workers' Compensation - IntegrityPayTech
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Workers’ Compensation

Workers’ Compensation

Integrity PayTech provides pay-as-you-go workers’ compensation solutions for clients to help them avoid large, up-front deposits and year-end surprises which regularly occur with workers’ compensation insurance. By integrating our service with a payroll, we can calculate your workers’ compensation expense each payroll verses waiting for an audit at year end. The payments are electronically debited after each payroll to help ensure timely and accurate delivery to the insurance carrier.

 

BENEFITS

  • Reduces or eliminates the large down payments that usually range between 20% – 50% of the Total Estimated Premium.
  • Improves cash management by allowing policyholders to accurately estimate premiums and avoid overpayment or underpayment to carriers.
  • Bases premiums on actual payroll instead of generated estimates, and eliminates the end-of-year settlement payment.
  • Reduces the risk of unfavorable audits by allowing policyholders to be completely aware of how much is due at the final premium audit.
  • Eliminates paper check writing with an automatic ACH processing that is completely transparent and available for viewing 24/7.

CARRIERS
  • Ace
  • AIG
  • AmComp
  • AmeriSafe
  • Associated Industries
  • Business First
  • Castle Point
  • CompOptions
  • Dallas National
  • FHM
  • First Cardinal
  • First Commercial
  • Florida Retail Federation
  • FUBA
  • Guarantee
  • Guard
  • Rochdale Insurance Co
  • Technology Insurance Co
  • Travelers
  • Zurich