SimplePin Selected by Carmack Insurance to Power Their Payments and Receivables Process

SimplePin, the leading receivable and payment platform with operations in Palm Beach, FL, USA, and Montréal, QC, Canada proudly welcomes Carmack Insurance into its distinguished clientele. It is a strategic collaboration that will enhance Carmack Insurance's payment and receivables procedures with highly innovative solutions.

PALM BEACH, Fla., Jan. 31, 2024 /PRNewswire/ -- SimplePin, an award-winning Insurtech enterprise, is thrilled to extend its suite of benefits to Carmack Insurance. SimplePin seamlessly integrates with broker management systems, offering a holistic automation experience for the entire receivables process. Carmack Insurance selected this highly efficient AR solution to streamline operations, boost cash flow, cut costs, and enhance client interactions through a tailored and feature-rich system.

Carmack, a 100-year-old California-based specialty insurance provider, recognized the need for a more agile solution, as their previous approach was cumbersome for clients and labor-intensive for internal staff.

The Carmack team is enthusiastic about collaborating with SimplePin to eliminate the laborious and error-prone tasks associated with handling customer payments and posting back to AMS360. They chose SimplePin after a long vetting process because the SimplePin system enhances their back-office processes and also unlocks new opportunities for customer-centric and revenue-generating tasks.

Metod Topolnik, CEO of SimplePin, expressed his delight at Carmack Insurance joining the growing list of clients leveraging digital solutions to transform their payment and receivables experiences. "In a year poised with challenges for the insurance industry, Carmack exemplifies forward-thinking by recognizing that accounting should not be a source of friction. Our solution is in high demand, as it eliminates operational hurdles, elevates customer experiences, and significantly reduces expenses."

About Carmack Insurance:
Established in 1925, Carmack Insurance is a distinguished Insurance and Risk Management Advisor. With a legacy managed by the third generation of family ownership, Carmack is among the most experienced firms in California. Specializing in closely held, California-based companies and high-net-worth families, Carmack Insurance is founded on principles of confidentiality, service, and claims advocacy.

About SimplePin:
SimplePin offers a comprehensive receivables platform tailored for the insurance industry. Seamlessly integrating with any broker management system, the solution provides complete automation for the receivables process. Policyholders benefit from 24/7 online access to statements and payments through a secure portal. Features include automated reminders, flexible payment options, automated GL posting, real-time visibility for stakeholders, and simplified month-end reconciliation. To learn more, visit www.SimplePin.com

CONTACT: Stephanie Ryan, [email protected]

SOURCE SimplePin