Zurich North America introduced a flexible payroll reporting option for construction companies that have workers' compensation coverage through the carrier.

The Zurich flexible payroll reporting option enables reporting on a weekly, bi-weekly, semi-monthly or monthly basis. Features of the monthly payroll reporting option include real-time premium calculations based on payroll audits and automatic premium withdrawal through an automated clearinghouse, Zurich said in a statement.

Zurich said the new program is the result of a collaboration with SmartPay, a provider of pay-as-you-go workers' compensation products. More information can be found here.

Zurich North America is part of Zurich Insurance Group, a global multiline insurer headquartered in Schaumburg, Illinois.