Now live: Premium Accounting and CoverPay. Insurance native accounting, installment billing, and payment collection infrastructure with full control of your payment gateway.

Premium Accounting CoverPay

Managing Agents - Clean Reporting, Fewer Exceptions

Receive cleaner bordereaux, keep premium processing on track and maintain MI for capacity and compliance.

How We Help

  • Bordereaux templates, QC rules and timetable ownership
  • Data remediation with coverholders; exception dashboards
  • Premium processing controls and reconciliations
  • Carrier/capacity MI and audit ready evidence packs
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How This Module Connects to the Full Insurance Lifecycle

Selectsys operates as a unified five module insurance infrastructure. Each component supports a different part of the policy lifecycle while remaining fully connected inside one operating system.

  • RQB — Rate, Quote, Bind infrastructure supporting API, Excel, ISO, and AAIS driven rating engines.
  • Expert Insured — Full policy lifecycle management including issuance, endorsements, renewals, and servicing governance.
  • Premium Accounting — Insurance native accounting handling agency bill, direct bill, trust reconciliation, bordereaux, and premium finance workflows.
  • CoverPay — Installment billing and payment collection infrastructure allowing you to control your own merchant account without third party billing vendors.
  • Insurance BPO — Embedded operational execution across submissions, underwriting support, endorsements, renewals, accounting assistance, and policy servicing.

Each module can operate independently, but maximum efficiency is achieved when deployed together as a single lifecycle system.