Pay as You Go SolutionsFor Carriers
Pay as You Go options have become popular with many carriers and there are many types of 3rd party pay as you go solutions on the market today. The Nexus Pay as You Go System™:
Allows policyholders to report their actual exposures monthly or quarterly via our secure, online tool
Handles all of the communication with the insured automatically, including welcome letters and reminder emails
Has an advanced, fully automated pending and reminder system
Allows the Carrier to handle the financial transaction in-house and pay a low transaction cost per reporting period as opposed to a percentage of premium like most 3rd party pay as you go solutions charge
Feeds the information reported online during the policy period to the Nexus Premium Audit System at the end of the policy period
If you would like more information about the Nexus Pay as You Go System, please refer to the Contact Us section of this site.