ERISAPros Joins Vertafore's Orange Partner Program Collaboration to Streamline Data Integration and Reduce Compliance Risk for Brokers

ATLANTA, Oct. 24, 2019 /PRNewswire-PRWeb/ -- ErisaPros, LLC announces its membership in Vertafore's Orange Partner Program, which will allow ERISAPros to retrieve client data from Vertafore's benefits management system, BenefitPoint®, and utilize it to prepare Wrap Plan Documents using its proprietary document builder, Wrap-Tight(sm). Vertafore is the leader in integrated software for independent agents, MGAs, carriers, and states and regulators.

The Orange Partner Program provides open access and integration opportunities with Vertafore application programming interfaces (APIs) for customers and partners. The program also extends to third-party technology providers, such as ERISAPros, which is joining the program to streamline solutions for agencies and brokers.

The ability to transfer client data directly from BenefitPoint® to Wrap-Tight(sm) will alleviate multiple data entry efforts, saving time, and improving accuracy. Using the same preparer for the Wrap Plan as for the Form 5500 reduces risk for the agency and broker that may arise when the description of benefits, plan name, plan number, and/or the plan sponsor reflected on the Form 5500 is inconsistent with the information provided in the Wrap Plan Document and SPD.

"We envision our Agency Partners improving their efficiency in regulatory-related account management practices with the BenefitPoint integration inside "Wrap-Tight(sm)," said Michelle Lewis, BenefitPoint Product Manager.

ERISAPros' proprietary Wrap-Tight(sm) compliance and document system allows an employer to save time and money by integrating all of its benefit plans into one document rather than preparing a document for each separate plan. This approach permits an employer to file one Form 5500 and distribute a single SPD, Summary Annual Report (SAR), and Summary of Material Modifications (SMM). If amendments are required in response to benefit or regulatory changes, the employer only needs to make changes to one document, rather than for each separate component benefit plan.

About ERISAPros
ERISAPros is a premium provider of ERISA reporting and disclosure consulting and compliance services, such as Form 5500s, Wrap Plan Documents, SPDs, and Premium Only Plans (POPs) for welfare benefits including group life, medical, dental, and disability insurance plans. The integration of Wrap-Tightsm with Vertafore's client management system, BenefitPoint®, reinforces ERISAPros' dedication to being an industry-leading, cutting-edge provider in the ever-evolving and fast-paced U.S. health and welfare benefits industry. ERISAPros has preferred partnership agreements with six of the top ten U.S. benefit brokers.

About Vertafore
For over 50 years, Vertafore, the leader in modern insurance technology, has built and supported superior InsurTech solutions to connect every point of the distribution channel. Vertafore's agency management, ratings, regulation, compliance, and connectivity products streamline workflows, improve efficiency, and drive productivity for more North American insurance professionals than any other provider – including more than 20,000 agencies, over 1,000 carriers, and 23 state governments. Through a continual focus on operational excellence, development of innovative solutions, and alignment with key industry partners, Vertafore is leading the way for customers of all sizes by delivering results that make a difference. For more information about Vertafore, visit http://www.vertafore.com.

Contact
Michael Eaton
Vice President of Sales
ERISA Pros, LLC
1455 Lincoln Parkway, Suite 315
Atlanta, GA 30346
Direct: 678-443-4009 | Cell: 404-307-8548
Email: [email protected]
Web: http://www.erisapros.com
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SOURCE ErisaPros, LLC

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