Billing and Collection
At your insurance agency, billing and collection plays a major role! Tasks like invoicing and payments processing are critical to the financial health and efficiency of your agency, and timely billing works to create smoother, less stressful processes for both your agency and your clients. Unfortunately, billing and collection tasks are often tedious and time-consuming, and can take valuable time away from other key tasks of running or growing your insurance agency.
By outsourcing with us at InsurOutsource.Pro, you can find quality back-office assistance on your billing and collection responsibilities. Our dedicated virtual team has over ten years of experience in the insurance industry, including commercial, personal, and health insurance. We can handle any task that doesn’t require a licensed agent, including billing and collection.
When you outsource with us, our team can handle a wide variety of billing and collection duties, such as:
- Premium invoicing
- Payment processing
- Payment reconciliation
- Late payment management
- Policy renewals
- Account maintenance
We’ll approach all billing and collection tasks with a focus on efficiency and compliance, and will work to improve productivity, increase client satisfaction, and reduce the risk of humor errors through automation and other-top-of-the-line technology.
As an extra benefit, our team is fully remote, with oversight from a U.S.-based project manager. By working with our virtual team, you can enjoy savings on overhead costs and other costs associated with hiring an internal, full-time employee to handle your billing and collection tasks.
To learn more about how InsurOutsource.Pro can help you billing, collection, and other back-office tasks, visit us online at www.Insuroutsource.pro or set up a discovery call here to receive a free quote. We look forward to hearing from you!
Frequently Asked Questions
What does the billing and collection service include?
We manage invoicing, payment tracking, and collections for accurate financial operations.
How does this service benefit my insurance agency?
This service improves cash flow and reduces outstanding receivables.
Is the service customizable to my agency’s needs?
Yes, our service is tailored to meet your agency’s specific requirements.
View More Billing and Collection FAQs