Intuit Launches Pay-as-You-Go WC Platform

Intuit Inc. is partnering with 20 insurance providers to offer a pay-as-you-go workers’ compensation insurance platform for small businesses. The system calculates premiums in real time based on QuickBooks payroll data, the company said in a news release on Thursday. Eliminating lump-sum pre-payments of insurance premiums can improve cash flow for the business and prevent surprise payments at year-end audits, the company said. Insurance companies partnering on the new platform include The Hartford, Farmers, Berkshire Hathaway Guard Insurance Companies, Eastern Alliance Insurance Group,...