Amerisure Mutual Insurance Company Champions Innovation with Investment in Next-Generation Technology through Insurity’s Sure Premium Audit and Payroll Validator Solutions
November 02, 2023
HARTFORD, Conn.--Insurity, the leading provider of cloud software for insurance carriers, brokers, and MGAs, today announced that Amerisure Mutual Insurance Company has embraced innovative technology solutions to streamline premium audit operations and enhance the service experience for its policyholders. In its commitment to being at the forefront of the P&C insurance industry, Amerisure, a customer of Insurity’s Sure Premium Audit solution for over 15 years, has recently added the Payroll Validator tool to its capabilities, leading to a significant increase in operational efficiency and user satisfaction.
Sure Premium Audit enables Amerisure to automate its premium audit processes with payroll validation and online data collection portals for policyholders and agents. Using Payroll Validator, Amerisure is optimizing the auditor’s time, promoting policyholder engagement and empowerment through automated communications and self-serve tools for a vastly improved user experience.
“We’ve seen a transformative shift in how we manage our audit processes with integrating the Payroll Validator tool,” said John Coffaro, Premium Audit Manager at Amerisure. “The Payroll Validator tool can instantly pull relevant audit data from extensive PDF reports directly into our Field Audit Tool, saving at least 50% of our auditors’ time. Not only is our investment in this type of technology a testament to our commitment to innovation and increasing efficiency, it also significantly enhances the policyholder experience.”
Amerisure states that so far, 1 in 4 policyholders offered the tool have leveraged the Payroll Validator to their benefit. As they continue ramping up awareness of the tool among their policyholders, they expect that number to increase.
“Given the current landscape of the P&C insurance industry, insurers must continue investments to power innovative tools and technology that will help them differentiate themselves from the competition,” said Sylvester Mathis, Chief Insurance Officer at Insurity. “We’ve always been impressed by Amerisure’s ability and willingness to harness advanced technology most beneficial to their policyholders and agency partners. Seeing the tangible results from Sure Premium Audit and Payroll Validator reinforces the value of our long-standing relationship.”
The investment in such technology reflects Amerisure’s forward-thinking approach and commitment to excellence. Their proactive attitude and constant pursuit of innovation set them apart in the industry, ensuring they remain at the cutting edge of delivering value and efficiency to their policyholders for the long term.
Insurity is a leading provider of cloud-based software for insurance carriers, brokers, and MGAs. Insurity is trusted by 22 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based deployments. Through its best-in-class digital platform, unrivaled industry experience, and the industry’s most robust analytics offerings, Insurity is uniquely positioned to deliver exceptional value, empowering customers to focus on their core businesses, optimize their operations, and provide superior policyholder experiences. Insurity is a portfolio company of GI Partners and TA Associates. For more information, visit www.insurity.com.
Amerisure is a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses. Licensed in all fifty states and available through an exclusive network of elite independent agents, the company upholds an “A” (Excellent) financial strength rating, industry-leading service scores, and multiple awards for innovation. Amerisure has been in business for more than 100 years and is consistently named among the best places to work in the industry and throughout the nation. To learn more, visit amerisure.com.