Choosing the right insurance payment processing solution is a critical decision for agencies and carriers alike. It affects everything from operational efficiency and compliance to customer satisfaction and cash flow. Rather than settling for a generic solution, insurance companies should look for payment processing systems designed specifically for the insurance
Change is accelerating all around us, possibly at a faster pace than in any period in history. Climate change, rising interest rates, and effects from the covid pandemic are propelling companies to transform their business models and offerings. The insurance sector is no exception. In reality, these factors might serve
Historically, the insurance industry has been known as more traditional and outdated when it comes to technology. However, with the covid pandemic, the rise of insurtech tools, and a more tech-savvy employee and customer base, insurance companies are adopting new ways of doing business. According to a McKinsey report, venture
Your cash flow depends on prompt client payment. Ultimately, speeding up receivables hinges on changing client behavior. Today I’ll share five tips to get paid faster, and how ePayPolicy can help. Accepting digital payments is a giant first step. But I want to make sure you’re aware of all the
A lot of people seem to have the misconception that implementing a digital payment option for their business is a big undertaking. In reality, not only can the process be easy, but it can also greatly enhance the customer experience. More and more consumers now have the expectation of being
For the insurance industry, 2022 was a mixture of positive and negative events. On one side, premiums increased for both personal and business insurance, largely due to rising interest rates, geopolitical crises, and natural disasters. On the other hand, many insurance organizations made innovative changes to differentiate themselves and stay
Here are 11 reasons that over 10,000+ insurance organizations choose ePayPolicy.
