Technology growth

InsurePay Raises Series B Funding Through Growth of Aquiline Technology







make surea Nashville, Tennessee-based provider of billing and payment platform Insuretech Property and Casualty (P&C), has raised an undisclosed amount in a Series B funding.

The round was led by Aquiline Technology Growth, Fintop Capital and others.

Led by Adam Beck, Managing Director, InsurePay offers a solution that enables insurers to offer a Pay-As-You-Go (PayGo) billing and payment solution for the P&C market, including insurers against accidents at work and the insured. Insurers can monitor each policyholder’s exact premiums for each payment cycle, all through the company’s secure, personalized portal with direct data connections to major payroll companies.

Investment funded acquisition of AcordPay, an insurance payment hub that automates digital payment types and reconciles receivables, payables and commissions for agents, carriers, MGAs and technology providers insurance. As part of the acquisition, the existing AcordPay and InsurePay teams will be combined under the InsurePay brand with a common mission to deliver accurate, timely and data-driven insurance payments to the North American insurance market. ‘assurance.

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04/14/2022