Insurer Hartford Financial has extended its alliance with Intuit, a provider of business and financial management solutions, to offer its XactPAY workers' compensation premium payment options to Intuit Online Payroll customers through independent agents.
In addition, Intuit Online Payroll and QuickBooks Payroll users of all size businesses are now eligible to use XactPAY, which was previously only available to smaller businesses, The Hartford said.
With The Hartford’s XactPAY billing options, businesses can pay their Hartford workers’ compensation premiums as they run payroll which eliminates the need for large up-front deposits, minimizes audit errors at the end of the policy period.
The Hartford vice president of payroll alliances Donato Monaco said through this alliance, its 9,000 independent agents are now able to offer a broader spectrum of XactPAY pay-as-you-go premium billing options to their clients.