Online invoice cost companies answer InvoiceCloud and insurance coverage software program provider Intellagents have a brand new relationship wherein they’ll present “a premier billing and payments experience” to insurance coverage carriers and their policyholders.

With the mixing of InvoiceCloud and Intellagents, insurance coverage firms can implement InvoiceCloud’s answer for dealing with inbound premiums and outbound funds, together with the greater than 60 different insurance technology instruments obtainable as integrations to Intellagents members, in line with a Tuesday (Sept. 20) press launch.

“InvoiceCloud is a best-in-class electronic bill payment solution that complements dozens of other InsurTech and data providers in the Intellagents Insurance Ecosystem,” Intellagents Founder Mark Stender stated within the launch. “Our no-code integration platform will expedite the onboarding of InvoiceCloud’s customers as we connect to a wide variety of billing, policy and claim platforms as well as legacy technologies both in the cloud and on premises.”

With InvoiceCloud’s Subscription-as-a-Service (SaaS) know-how, insurance coverage firms can permit their policyholders to make funds of their selection of a number of strategies, schedule funds, arrange reminders, and enroll in autopay and paperless billing, in line with the discharge.

“Partnering with Intellagents enables InvoiceCloud to help more insurance carriers, agents and their policyholders reap the benefits that come with digital transformation,” InvoiceCloud Vice President of Insurance Julie Schieni stated within the launch. “Our rapid growth in the insurance industry demonstrates the importance of a simple and intuitive policyholder and claimant experience that drives customer satisfaction and the highest levels of digital adoption.”

PYMNTS analysis has discovered that each customers and small companies have been calling for sooner digital claims payouts.

Read extra: Businesses Expect Swift, Convenient Insurance Claim Payouts

Many insurers that need to meet these calls for, cut back prices and enhance efficiencies are transferring declare payouts away from paper checks in favor of digital distribution strategies, as reported within the “Digitizing B2B Payments Tracker,” a PYMNTS and Deluxe collaboration.

For all PYMNTS B2B protection, subscribe to the day by day B2B Newsletter.

New PYMNTS Study: How Consumers Use Digital Banks

A PYMNTS survey of two,124 US customers exhibits that whereas two-thirds of customers have used FinTechs for some side of banking companies, simply 9.3% name them their major financial institution.

We’re at all times looking out for alternatives to associate with innovators and disruptors.

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