SimpleINSPIRE – Simplified Insurance Billing & Accounting

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Flexible Billing Solutions for Insurance
SimpleINSPIRE provides a insurance billing solutions tailored for the insurance industry, offering flexibility in managing premiums and receivables. With customizable payment plans, you can adjust billing by line of business, premium amounts, and state regulations. It also supports specialized billing for mortgagees and premium finance companies.

The billing process is automated and can be delivered through various channels, including electronic methods. If there’s a change in the policy premium, the installment schedules automatically update to match. You can also set up cancellations for non-payment based on either the bill due date or the equity date, depending on your preferences.

Complete Insurance Accounting System
Our insurance billing solutions covers all the necessary functions to manage policy financials. It keeps policy financial accounts separate from coverage details, but still ensures they’re closely connected for accurate reporting over time—whether by fiscal period or policy term.

SimpleINSPIRE integrates with secure, PII-compliant payment gateways to handle both incoming and outgoing payments. You can offer customers convenient options like auto-pay and bank lockbox services.

Efficient Receivables & Payables Management
With our insurance billing solutions, you can process payments securely through trusted insurance-focused payment gateways. It also allows for premium refunds, either by check or by crediting the original payment method. Commissions to agencies can be paid via check or secure online payment.

Thanks to its double-entry accounting model, SimpleINSPIRE automatically generates detailed General Ledger (GL) journal entries and handles cash allocations, making it easy to integrate with your existing GL system.

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