CopperPay℠

CopperPay allows businesses to pay their workers’ compensation premium in real-time as they complete their payroll. Businesses can elect to report payroll through an approved payroll company or self-report payroll directly into the Audit1 portal. Payroll needs to be reported through CopperPay at the end of each pay period, thus allowing for real-time calculation and ACH payment of workers’ compensation premium.

CopperPay is a free billing option available exclusively for CopperPoint customers.

Yes, all workers’ compensation policies with CopperPoint are audited at the end of the policy term. The advantage for clients on CopperPay is the process is streamlined and should greatly reduce the risk of large return or additional premiums.

Unfortunately, not. Polices can be moved to CopperPay at renewal, and cannot be moved mid-term.

Yes, existing customers can request conversion to CopperPay prior to their renewal effective date. Conversion will only take place at renewal and will not be available midterm.

Businesses need to request CopperPay billing and provide a key contact name, email and phone number to their agent. After policy issuance that contact will receive a welcome email containing a link to the CopperPay portal. CopperPay portal set up can be completed in a matter of minutes. During the setup the businesses will accept the terms and conditions, select their payroll reporting method and frequency, validate any owners and officers and provide the routing and bank account number for the ACH of premium.

Bank account numbers are encrypted. Only the last 5 digits are visible and your banking information is secure.

CopperPay was built to allow businesses to change the way they report their payroll during the policy term. Once the business knows they are changing Payroll companies they need to contact CopperPay at 1-855-721-6342 or copperpay@copperpoint.com and our dedicated CopperPay staff will help walk you through the process.

No, some payroll companies are unwilling to transmit their clients payroll data to CopperPay. In the event you use one of these companies you still have a few options to take advantage of the benefits CopperPay has to offer. You can self-report the payroll or you can be connected with a 3rd party vendor that will manually obtain and update your payroll date for a small fee.

CopperPay can support the reporting of payroll following the same frequency the business pays their employees; Weekly, Bi-weekly, Semi-monthly or Monthly.

During the CopperPay setup process you will be prompted to select your payroll reporting method. If you select payroll reporting, you will be presented with a search capability to select from the hundreds of approved payroll companies. If your payroll company is not approved, you will be provided with the ability to tell us the name and a key contact at the payroll company for us to contact them. Typically, payroll providers can become approved in 3-4 days, should you need to report payroll during that time you will be directed to self-report your payrolls to maintain your workers’ compensation coverage.