AcordPay

AcordPay was launched in 2022 by a team of payment and insurance experts to address the inefficiencies of traditional insurance payment methods like checks. The company provides a comprehensive, integrated digital platform for both payables and receivables tailored specifically for the insurance industry, serving brokers, Managing General Agents (MGAs), and carriers. Its mission is to transform the insurance payment landscape by offering various modern payment options (credit card, EFT/ACH, wire), automating reconciliation processes, and enhancing security and compliance.