Bringing Payment Processing Into the Digital Age

In spite of the move to digital in many facets of the insurance industry, payments have stubbornly remained on paper checks. It’s a process ripe for change.

Claims processing and underwriting functions already benefit from digitization. But despite a high and rising digital bar for agents, paper check processing persists. Increasing demands for an improved customer experience, time and costs savings in back-office functions, and tighter security are driving agents to go digital with payment processing.

In this Insurtech Center podcast episode, Chase Petrey, president of Applied Pay, dives deeper into digital payment processing and its benefits. You’ll learn: