BUFFALO, N.Y., Sept. 2, 2025 /PRNewswire/ — InsurePay, a leading provider of insurance payment solutions and Pay-As-You-Go (PayGo) billing technology, today announced the appointment of Pat Davis as Chief Executive Officer. This leadership transition marks a pivotal moment for InsurePay as the company accelerates innovation in insurance payments and strengthens its position as the leader in PayGo billing solutions. This announcement is underscored by investor confidence in the company’s mission, as demonstrated by InsurePay’s funding received from FinTop Capital and Aquiline.
Davis brings an extensive background in insurance technology and InsurTech, with a proven track record of building and scaling growth-stage companies while delivering exceptional customer value. Before joining InsurePay, Davis founded and served as CEO of Utilant, an industry-leading provider of survey management software for property and casualty insurance carriers. Under his leadership, Utilant grew from a start-up into a global enterprise serving major carriers across multiple continents.
With Pat Davis leading the charge, InsurePay is strengthening its payment platform and expanding its role as a comprehensive workers’ compensation solution. By leveraging AI and connected data, InsurePay streamlines premium calculations, underwriting, and audits, delivering transparency, efficiency, and real-time insights for carriers, agents, and policyholders. These innovations position InsurePay as a trusted partner for carriers seeking smarter, more efficient operations.
These advancements reduce operational friction, enhance accuracy, and empower stakeholders with the transparency and efficiency demanded by today’s insurance market. As a result, InsurePay is rapidly becoming the go-to partner for carriers seeking innovative technology and efficiency in their billing and payments processes.
Industry Leaders Endorse Strategic Direction
“Pat is an exceptional leader with a proven track record of building and scaling transformative fintech businesses,” said Joe Maxwell, Managing Partner at FinTop Capital. “His vision and operational expertise will accelerate InsurePay’s mission to modernize insurance payments and advance PayGo solutions that deliver real-time accuracy and value.”
Dante La Ruffa, Partner at Aquiline, added: “We’re excited to welcome Pat to InsurePay. His entrepreneurial background and customer-first mindset align well with the company’s strategy. As carriers show growing interest in flexible billing solutions, InsurePay is well positioned to lead, and under Pat’s direction, we expect the company will only strengthen its disruptive role in insurance.”
Pat Davis on Joining InsurePay
“I am thrilled to join InsurePay at this exciting time in the company’s journey,” said Pat Davis, CEO of InsurePay. “InsurePay has built a strong foundation in insurance payments and PayGo solutions, and I look forward to expanding the platform to deliver greater efficiency, accuracy, and value for our customers. Together, we will continue to innovate and position InsurePay as the leading technology partner for the insurance industry.”
About InsurePay
InsurePay provides insurance carriers, agents, and policyholders with flexible, technology-driven solutions that modernize premium billing and payment processes. The company’s platform offers real-time accuracy, improved cash flow, and a seamless digital experience, delivering advanced capabilities such as Pay-As-You-Go billing, payment reconciliation, and data integration.
For more information, visit www.insurepay.com.
About Aquiline
Aquiline is a private investment firm based in New York, London, and Philadelphia, dedicated to financial services and technology. As of June 30, 2025, Aquiline has approximately $13 billion of assets under management across private equity, venture, and credit strategies. Additional information is available at https://aquiline.com/.
Media Contact:
Mary Wingfelder
Director of Marketing
InsurePay
mwingfelder@insurepay.com
716-812-5844
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SOURCE InsurePay