Offers Employers Automated Payment Solution for Workers Compensation Premium
GREENSBORO, N.C.–(BUSINESS WIRE)–Key Risk, a leading provider of workers compensation insurance products and services for employers throughout the Eastern United States, today announced the introduction of PremiumSync, an automated payment solution designed to calculate workers compensation premium against the actual payroll reported by an employer. PremiumSync offers Key Risk policyholders the benefits of improved cash flow management, a streamlined audit process and the convenience of making premium payments automatically and over time.
“PremiumSync was developed to provide our policyholders with a simplified option for administering their workers compensation program,” said Rob Standen, president of Key Risk. “By using an automated payment solution, employers will be able to make premium payments at the same time that they pay their employees. With this payment option their premium is calculated in real-time against their actual payroll.”
“We realize the importance of technology and continuously enhance our service platforms to support the needs of today’s highly automated marketplace. We are excited to offer PremiumSync to policyholders as a resource and additional payment option,” Standen added. “At Key Risk we are committed to delivering better outcomes to our agents and their clients.”
Developed with the input of independent agents and clients, PremiumSync is available online via MasterKey Connects™, a proprietary risk information platform provided by Key Risk.
ABOUT KEY RISK:
Founded in 1986, Key Risk is a member company of W. R. Berkley Corporation, an insurance holding company that is among the largest commercial lines writers in the United States and operates in five segments of the property casualty insurance business: specialty insurance, regional property casualty insurance, alternative markets, reinsurance, and international. Key Risk Insurance Company is rated A+ (Superior) by A.M. Best Company, Inc.
Named one of the 10 Best Employers in North Carolina and ranking among the 2009 Best Places to Work in Insurance, Key Risk Insurance Company, and its affiliate, Key Risk Management Services, LLC, operate from their headquarters in Greensboro, NC. Regional offices are located in Alpharetta, GA; Baltimore, MD; Charlotte, NC; Columbia, SC; Nashville, TN; Richmond, VA; and, Jacksonville, FL. For more information, please visit www.keyrisk.com or contact Dana Genheimer at 336.605.7384, or via e-mail at dgenheimer@keyrisk.com.
Contacts
Key Risk
Dana Genheimer, 336-605-7384
dgenheimer@keyrisk.com