Cincinnati-based Great American Insurance Company has come forward with a new program, “Great Pay,” which serves as an electronic payment method useable over the Internet.
The program offers agents an electronic payment method at no cost. Once agents sign up for the program, they can complete monthly payments and authorize Great American to begin an electronic transfer from the agent’s account for a specified payment total.
The program offers convenience, security, savings and accuracy, along with its warehousing feature which allows the agent the option to enter a payment effective date up to two weeks ahead of time. Agents who take part in this program will qualify to have commissions from their commercial direct bill policies deposited electronically into their accounts.
Great Pay is presently available to agents who write lines of business through Great American’s Specialty Division, all but Aviation, Crop, Excess and Surplus, Executive Liability and Foreign Credit Insurance.
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