AmTrust PAYO for Insureds
Many business owners find it challenging to pay large up-front premium deposits to bind coverage, make timely installment payments and contend with potential surprises at audit. That’s where PAYO comes in.
PAYO Benefits for Insureds
Bind workers' compensation insurance coverage with no money down at policy inception and renewal
Enjoy cash flow benefits of paying workers' compensation insurance premium based on "actual" payroll, not estimates
Pay your workers' compensation insurance premium through your payroll company, calculated each pay period
No longer write checks for premium invoices
Simplify your audit process
Budget more effectively by staying current and on top of your workers' compensation insurance business expense
Ease of Doing Business
Multiple PAYO solutions makes it easy to get started.
PAYO Self Reporting
How Does PAYO Work...
Your AmTrust-appointed agent partners with an approved payroll company to make premium
payments seamless for the insured. Workers’ compensation premium is based on payroll, so the payroll company calculates the premium at the same time they are calculating the payroll for the insured. The premium due is automatically collected based on the payroll company business preference.
Ask your agent for a list of approved payroll partners. Have a payroll company that is not approved with AmTrust yet? Have them complete this form and we will contact them start the approval process and see if they are a good fit for AmTrust.