New Pay-As-You-Go Workers’ Compensation Insurance Offering

June 28, 2011|

Inova Payroll now offers pay-as-you-go workers’ comp through its strategic partnership with e-Comp, a division of Granite Insurance Brokers with licenses in 49 states and over 25 years experience in workers comp.

To better serve its rapidly expanding family of payroll and HR clients, Inova Payroll has formed a strategic partnership with E-COMP to offer “Pay-As-You-Go” workers’ comp. Farsheed Ferdowsi, President and CEO of Inova Payroll, said,  “in keeping with our pledge that innovation shall permeate every aspect of our enterprise, this partnership with E-COMP enables us to provide an efficient and  cost-effective workers’ comp. solution to our clients that seamlessly integrates with our smart payroll and HR services.” Melanie Crow, Inova’s VP Sales explained, “Obtaining worker’s comp. insurance using E-Comp and its “Pay-As-You-Go” solution provides a number of advantages to our clients, such as: exact calculation and payment of worker’s comp. premiums at each payroll improves cash flow, eliminates end of year surprise bills, and removes the need for the costly and time-consuming annual audits.”

Inova Payroll’s “Pay-As-You-Go” worker’s comp. insurance option delivers many time and money saving benefits including: full integration with payroll; competitive quotes from top-rated insurance carriers; premiums that are calculated on actual payroll (not estimated); and no large deposits up front or lump sum bills at the end of the year. With the “Pay-As-You-Go” model, a business’s chance of a year-end audit is minimized. Other features include no monthly/quarterly audit reports to complete (unless it’s state mandated), no checks to write as the  premium is automatically debited, guaranteed 24-hour turn-around on certificates and local 24-hour claims service and support centers.

About E-COMP: E-COMP is an innovator in the industry, offering a premier product through high quality, top rated insurance carriers.  Process and technology are state of the art.   E-COMP is a division of Granite Insurance Brokers, Inc. — a national insurance brokerage firm — licensed in 49 states and specializing in pay-as-you-go workers’ comp. insurance.  With over 25 years’ experience, E-COMP’s team of program specialists are dedicated, knowledgeable and provide a high level of service.