We are pleased to announce that Pennsylvania Lumbermens Mutual Insurance Company (PLM) is now offering broker commission payments through ACH-Direct Deposit. PLM has partnered with FIS Integrated Payables to streamline the commission payment process by offering electronic payments to you. PLM brokers will no longer need to wait on check payments in the mail, but can sign up with our direct deposit program.
Enrolling in the ACH-Direct Deposit program comes with many benefits:
- Reduces Payment Wait Time – You no longer need to worry about lost/stolen checks or mail delays. Funds will be sent immediately and securely via ACH to your chosen bank account.
- Detailed Remittance Information – You will receive an email listing detailed remittance information.
- Helps Keep Receivables Current – Your commission payments can be applied days faster than through the mail.
Letters have been sent out to current PLM brokers with detailed information on how to enroll in the direct deposit program. Please keep an eye out for this important letter as it will include a unique registration code for agency enrollment. For information, visit www.plmins.com/producers/ach-payments/.
If you have any questions about our new direct deposit program, please contact PLM Customer Service at (800) 752-1895 or at custserv@plmins.com.
Producer Update: Issue 4 – 2021
IN THIS ISSUE:
- President’s Letter
- Coverage Toolbox: Cybercriminals Are Out There. Help Your Clients Protect Themselves.
- Plumb Safety: A Closer Look at How the FMCSA Can Improve Fleet Safety
- Plumb Safety: Anytime Risk Management: A Great Resource for Your Client’s Toolbox
- Direct Deposit Commission Payments
- Spotlight On: William Arthur Bissette
- Spotlight On: The PLM Exchange
