Streamlined processes empowers insured families and agents with faster receipt of funds
One Inc, the leading digital payments network for the insurance industry, announced that the Georgia Farm Bureau Mutual Insurance Company (GFBMIC), the largest domestic property and casualty insurance company in the State of Georgia, has selected One Inc’s ClaimsPay® digital payments platform to provide an improved claim payment experience for its members. The implementation will enhance the outbound claims payment process, providing new and improved options to allow for faster receipt of funds.
Latest Fintech News: Dollar General Corporation Expands Board of Directors
GFBMIC currently partners with Sapiens Insurance, a leading global provider of software solutions for the insurance industry. The combination of Sapiens’ cloud native, core suite of insurance applications and One Inc’s payments solutions and related delivery capabilities, will increase the scale, speed to market, and customer satisfaction as insurance companies embrace digital transactions.
Latest Fintech News: Anova Financial Networks Activates Wireless Services on 10GBPS Backbone Between Mahwah Direct to NY4
“Our partnership with One Inc emphasizes our longstanding commitment to innovation and the significant value we place on our customer relationships,” said GFBMIC General Manager, George Monk. “Eighty percent of Georgia Farm Bureau’s vendors are already in the One Inc network, so it was an easy decision for GFBMIC to partner with them. The combined strengths of One Inc and Sapiens will enable us to fully maximize digital transformation and increase customer engagement.”
“Georgia Farm Bureau was seeking a proven, flexible and modern solution with a capacity for delivering a feature-rich and modern claims platform to empower their policyholders with the most innovative insurance capabilities,” said Ian Drysdale, CEO at One Inc. “Integrating Sapiens and One Inc’s enterprise platform will be highly beneficial to GFBMIC’S business operations by meeting today’s industry demands and preparing them for the future.”
Latest Fintech News: Anova Financial Networks Activates Wireless Services on 10GBPS Backbone Between Mahwah Direct to NY4
[To share your insights with us, please write to sghosh@martechseries.com]
