As part of our mission to make the Big “I" Markets workflow as seamless as possible, the platform will now be accepting full premium payments from insureds on the two agency-billed programs, Coalition Cyber Liability and Lexington Non-Standard.
Effective today, Coalition and Lexington insureds can pay agency bill premiums directly using the Big “I" Markets ePay Policy link.
Big “I" Markets agents have the option to provide Coalition cyber liability and Lexington nonstandard personal lines clients with the ePay Policy link to pay their policy premium directly. No fee applies to automated clearing house (ACH) payments. Paying with a credit card incurs a 3.25% processing fee.
To accommodate this highly demanded request, the gross premium is now invoiced to the agency. Commissions will be paid monthly via electronic funds transfer. Big “I" Markets will not provide invoices to or conduct payment follow ups with insureds.
Contact Carla McGee if you have any questions.