Paper checks are no longer the only option when it comes to paying policyholders for their claims. (Photo: Shutterstock)
No one likes to wait for payment when they're owed money — not vendors, insurers or policyholders. A new report from the Aite Group, Checking Out: Emerging Digital Innovations in P&C Claim Payments, finds that technology is giving insurers more options to make digital claims payments, and policyholders are embracing the change.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
