Ian Sadler’s Post

🔒 How are traditional payments holding back the insurance industry? The problem with traditional payment flows is that money and the associated transaction data aren’t transferred instantly. But, with payment flows, insurers can have real-time visibility into their inflows and outflows, meaning: ⭐️ They’re much better placed to treat customers fairly, because they can make decisions based on the latest data, instead of reacting to events that have already happened. ⭐️ They can allocate resources more efficiently. People whose full-time job to date was to track money are now free to focus on strengthening product offerings. Discover how payment flows are ready to help insurers secure their future in our guide 👉 https://lnkd.in/eQ3i784j | James Farrow | Andy Lyons | Darren Lane | Nino Lashkarashvili | Rinse Jacobs | Oliver Smith | Russ Sopp | Matteo Nigro | #paymentrails #paymentflows #realtimepayments #fintech #embeddedfinance #electronicpayments #future #discover #research

🔭 Want to see how real-time payment flows can revolutionize business operations? Lets take the insurance industry as an example! In the dynamic insurance industry, traditional payment methods have stifled progress. But with modern, real-time, API-based, payment flows promise operational efficiency and an improved customer experience. Furthermore, real-time payment data acquired via these systems creates a competitive advantage for the insurance industry that favors personalized offerings. Additionally, payment flows is a part of Solaris' wider ecosystem of APIs. So, alongside fairer pricing, insurers can offer customers more value through complementary financial services products such as bank accounts and cards. Helping insurers stand out and build stronger customer relationships, because they create more opportunities for interaction. “With our payment flows product, you can easily track money entering and leaving your organization with minimal administration, facilitating streamlined money management. Data-driven modern businesses gain greater insights into risk and can rapidly adapt to changing scenarios, thereby expanding their financial ecosystem.” James Farrow, Head of Product, Solaris ☝️ Find out how payment flows can help you level up in our guide: https://lnkd.in/eQ3i784j | Joerg Abrolat | Germain Bahri | Denis Wanke | Jakob Wolf #paymentflows #paymentrails #accounts #cards #embeddedfinance #fintech #API #development 

Bancassurance unlocked 🔐 Selling insurance as a financial services provider is nothing new, but most banks still have yet to crack it. In Qover’s latest webinar, Fintech and Financial Services Lead Lauranne Coppens explored the challenges and opportunities in cross-selling insurance with Ruth Polyblank, Vice President and Partnerships Lead for Insurance at Mastercard, and Florian Graillot, Founding Partner at astoryaVC. While doing it successfully requires a shift in mindset for both banks and insurers, Ruth argues that financial services platforms are uniquely positioned to sell insurance – as long as they have the right tech, mindset and user-centric approach 🎯 Check out the blog post for more expert insights from the discussion 👉 https://qovr.me/46kCHGx #Webinar #FinancialServices #EmbeddedInsurance #Insurtech #Fintech #Bancassurance #SuccessEnsured

Bancassurance unlocked 🔐 Selling insurance as a financial services provider is nothing new, but most banks still have yet to crack it. In Qover’s latest webinar, Fintech and Financial Services Lead Lauranne Coppens explored the challenges and opportunities in cross-selling insurance with Ruth Polyblank, Vice President and Partnerships Lead for Insurance at Mastercard, and Florian Graillot, Founding Partner at astoryaVC. While doing it successfully requires a shift in mindset for both banks and insurers, Ruth argues that financial services platforms are uniquely positioned to sell insurance – as long as they have the right tech, mindset and user-centric approach 🎯 Check out the blog post for more expert insights from the discussion 👉 https://qovr.me/46kCHGx #Webinar #FinancialServices #EmbeddedInsurance #Insurtech #Fintech #Bancassurance #SuccessEnsured

Innovation meets efficiency in the insurance payment ecosystem. Streamline your operations with the best duo in the industry. Interac, the fastest growing payment option used by Canadian consumers, is now fully integrated with SimplePin as a payment option for insurance premiums. If you require guaranteed funding for your premiums and want to lower the cost of acceptance, we have the perfect solution. Ready to simplify your customer experience? Click the link below to explore how the dynamic synergy of SimplePin and Interac can transform your payment processes, automate transaction handling, and elevate your customer experience. https://hubs.ly/Q02dv2qP0 #interac #fintech #insurance

How does fintech enable traditional insurance companies to improve efficiency and better serve their customers? Fintech plays a significant role in enabling traditional insurance companies to improve efficiency and better serve their customers through streamlined processes, data analytics and risk assessment, enhanced customer experience, personalized products and pricing, distribution channel innovation, fraud detection and prevention, and operational efficiency and cost reduction.

Bancassurance unlocked 🔐 Selling insurance as a financial services provider is nothing new, but most banks still have yet to crack it. In Qover’s latest webinar, Fintech and Financial Services Lead Lauranne Coppens explored the challenges and opportunities in cross-selling insurance with Ruth Polyblank, Vice President and Partnerships Lead for Insurance at Mastercard, and Florian Graillot, Founding Partner at astoryaVC. While doing it successfully requires a shift in mindset for both banks and insurers, Ruth argues that financial services platforms are uniquely positioned to sell insurance – as long as they have the right tech, mindset and user-centric approach 🎯 Check out the blog post for more expert insights from the discussion 👉 https://qovr.me/46kCHGx #Webinar #FinancialServices #EmbeddedInsurance #Insurtech #Fintech #Bancassurance #SuccessEnsured

InsurePay Payables streamlines payments and statements between Agents, MGAs and Carriers without concern for lost checks, information or fraud. Learn more: https://bit.ly/3uiq9SL #SaaS #InsureTech #FinTech #Automate #Payments #Insurance

Do you know how much time and money you’re wasting by paying your claims with checks, wire transfers, or cash?  According to a study by the Association for Financial Professionals, these methods can cost you up to $𝟮𝟲 𝗽𝗲𝗿 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 and take up to 𝟭𝟬 𝗱𝗮𝘆𝘀 to process.  That’s not only expensive, but also frustrating for you and your customers.  You need a better way to pay your claims.  You need 𝗔𝗽𝘁-𝗦𝗲𝗻𝗱.  Apt-Send is a digital payment service that enables instant payouts for insurance companies. It lets you send money directly into any bank account across North America, in real-time*.  It’s simple, secure and efficient, and it gives you full control over your payment options.  Don’t let your customers wait for their money.  Pay them faster, safer and easier with Apt-Send.  Contact us today or schedule a demo to learn more: https://lnkd.in/gTUPk_ri #AptPay #AlternativePayments #Payouts #Insurance

Say goodbye to paperwork and hello to a seamless, customer-centric claims journey. Learn more about how we're reshaping the future of insurance! Book a Demo: info@epftechfund.org #DigitalTransformation #InsurTech #CustomerExperience Acorn Fintech