Quotes & Invoices blog header

New Feature: Quotes and Invoices

Quotes and Invoices – Key Features:

  • Receive payment and bind policies faster, with a quoting tool designed for insurance
  • Generate custom quotes via an intuitive interface, right from the ePayPolicy Dashboard
  • Email delivery of quotes, with direct links to a payment page for fast payment acceptance
  • Add financing option, when applicable, with your existing PFC partners (more info)

We’re excited to announce a new feature – Quotes and Invoices!

The traditional quoting and invoicing process often involves many parties, including brokers, carriers, and premium finance companies. While many insurance organizations use agency management systems for invoice generation, others operate out of multiple disconnected technology tools. Some companies utilize generic accounting services like Quickbooks just for invoicing, or send editable Word docs and PDFs.

“Countless agencies have done what most growing companies do – add piecemeal technology as the need arises,” said Josh Peterson, CPO at ePayPolicy. “They often keep using those tools even when they know it’s causing extra work, for lack of options.”

Quotes and Invoices helps insurance companies lead insured payers from quote, to invoice, to online payment. When done efficiently, policies can bind faster, allowing agencies to spend more time on account servicing and new business development.

“We previously used the prefilled payment page,” said Luke Roe of Roe Insurance “Now, we use Quotes & Invoices, because it has the option to set due dates and track open invoices.”

We’ve enjoyed the ease of use from the client’s perspective. We send them one link, and they can choose to pay in full or finance in one place,” added David Call, founder of Ryan Everet Insurance.

Quotes and Invoices integrates with Finance Connect, allowing eligible ePayPolicy customers to offer premium financing at checkout via a connection to their existing PFC partners.

“We’re looking forward to when our premium finance partner will be integrated,” Roe added. “That will be a big game changer for us.” 

Quotes and Invoices is now available for new and existing ePayPolicy customers.

Quotes and Invoices – Key Features:

  • Receive payment and bind policies faster with a quoting tool designed for insurance
  • Generate custom quotes via an intuitive interface right from the ePayPolicy Dashboard
  • Email delivery of quotes, with direct links to a payment page for fast payment acceptance and professional delivery
  • Add financing option, when applicable, with your existing PFC partners (more info)
  • Historical and searchable database of previously sent invoices
+ posts

Share this Post

More from Post: New Feature: Quotes and Invoices

Navigating Unclaimed Property Laws and the Challenges for Insurance Carriers and MGAs

Insurance companies face complex compliance challenges due to unclaimed property laws, with $77B in unclaimed assets. Digital payments can reduce risks, cut costs, and improve ...
Read More →

Independent Agents on the Rise: A Dual Impact on Agents and Insurance Providers

The insurance distribution landscape is evolving, with captive agents now sharing the stage with an increasing number of independent agents. This shift is changing how ...
Read More →

Making Financing Easy for Insureds

“There’s not a week that goes by where we don’t use it.” That’s what Felix Moesmang, President at Capital Insurance, said when we asked him ...
Read More →