Solaris SE’s Post

🏦 How could embedded finance benefit insurers? For insurers offering other embedded financial products in addition to their core services is a compelling proposition, for two reasons: 1️⃣ It increases the number of touchpoints. Offering payment cards, bank accounts, lending, and other financial services products on top of insurance creates more opportunities to interact with the customer outside of policy renewals and claims. 2️⃣ Embedded financial products are the gateway to a much broader data set that makes it possible to create highly personalized products while lowering risk. “Embedded finance products have the potential to increase loyalty and decrease churn significantly, because it‘s all about giving consumers better options.” - Andy Lyons Managing Director of Sales, Solaris 👀 Explore how embedded finance can future proof the insurance industry in our guide: https://lnkd.in/eQ3i784j Nino Lashkarashvili | Darren Lane | Russ Sopp | Rinse Jacobs | Matteo Nigro #paymentrails #paymentflows #realtimepayments #fintech #embeddedfinance #electronicpayments #future #discover #research #cards #accounts 

🔭 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 

We can also introduce you to e-payments as a product. An addition to your portfolio for commercial clients that can add a 5 figure sum to your bottom line whilst saving your client’s money Ask Lee how …

Discover how #Insurers are seeking digital payment solutions with a #paymentshub. Dive into the world of #paymentsinnovation in the insurance sector in our latest blog post: https://aciw.co/3WrW6mQ

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 Synergy 🏦 “Bancassurance is redefining financial services. In my new article, I explore how B4E Insurtech is merging banking with insurance to offer inclusive products that serve a broader audience. Join us on this journey of financial inclusivity.” Read the full article here: https://lnkd.in/gNckKvkn #Bancassurance #FinancialServices #Inclusivity #Banking #Insurance #B4EInsurtech #FinancialInnovation

💡 Did you know that Art of Pay's platform enables carriers to optimize payment processes, reduce costs, and accelerate their digital transformation journey? It's time to embrace the future of #insurance #payments. 🗓️ Book a meeting with us or request our pitch deck today. https://buff.ly/3t5yCsb

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

Navigating insurance claim settlements can be challenging for both insurers and customers.❗ Insurers face hurdles like identifying fraudulent claims, manual reconciliation, and occasional transaction failures. Customers, on the other hand, often experience delays in claim processing and less-than-satisfactory customer service. Discover how Payouts by Cashfree Payments can help insurance businesses streamline claim settlements, earning customer trust and loyalty. Learn more 👉 https://lnkd.in/gipw7FTD #Payouts #Payments #Insurance #Claims #Fintech