LenderDock’s ESCROWPay is the P&C industry’s first and only fully digital escrow payment solution, setting a new standard for how carriers and lenders manage remittance and reconciliation. This market‑exclusive service is a brand‑new addition to LenderDock’s suite of automation tools, giving insurers a faster, more secure way to handle escrowed premium payments.

ESCROWPay eliminates paper checks, lockbox fees, and the delays and errors that come with manual processing. By digitizing the entire workflow, carriers can reduce the average time to cash from 45 days to less than three days, while improving accuracy and eliminating the costly reprocessing and refunding that have long burdened finance and accounting teams.

Designed to deliver real‑time escrow payments, ESCROWPay provides insurers with the speed, efficiency, and confidence they need to modernize escrow management. This innovative service helps carriers cut costs, improve cash flow, and enhance operational efficiency across the board.

For more details, contact LenderDock.