Digital Payments News

Amerisure Implements One Inc in Landmark End-to-End Claims Transformation

Amerisure Implements One Inc in Landmark End-to-End Claims Transformation

New project demonstrates the vast potential of instant digital payments via ClaimsPay

One Inc, a leading digital payments network for the insurance industry, announced the first successful phase on a multi-leg implementation of its ClaimsPay technology with Amerisure. As a leading property and casualty insurance carrier based in Farmington Hills, MI, Amerisure provides commercial insurance solutions to the construction, manufacturing and healthcare sectors. This implementation is a milestone for One Inc, as ClaimsPay will now facilitate all outbound digital payments for Amerisure.

“Today, leading national insurers like Amerisure are looking not only for cost reduction and efficiency from their technology, but a genuine partner that is adaptable, delivers on its promises, and has bold expectations matching their own”

The initial buildout phase, the first of four, has demonstrated One Inc’s product development and implementation expertise. It was further catalyzed by Amerisure’s onboarding via the Guidewire ClaimCenter accelerator, which greatly decreased the time needed to get the platform operational. By handling the full range of outbound claims workflow tasking, One Inc can provide Amerisure’s claimants with payments far faster than traditional systems that are laborious, suffer from manual processing, and have slower payout times because of the use of paper checks.

FTS_banner

“Despite the complexities of our geographic reach and our unique focus points for the commercial P&C market, One Inc was a tremendous partner, building a robust and flexible solution for us,” said Laurie Pierman, Vice President of Claims Operations at Amerisure. “We’re incredibly happy to have them at our side for the next steps in this journey, as we collectively push to make claims technology support and complement our focus on exceptional claims service.”

While ClaimsPay can be implemented as a standalone improvement to digital payment distribution, the Amerisure integration is the strongest evidence yet of the comprehensive benefits gained by digitizing and automating the claims payment ledger, while further demonstrating the value of the ClaimsPay Guidewire accelerator introduced earlier this year.

Read More: Grayscale Investments Doubles Its Suite of SEC Reporting Investment Products

“Today, leading national insurers like Amerisure are looking not only for cost reduction and efficiency from their technology, but a genuine partner that is adaptable, delivers on its promises, and has bold expectations matching their own,” said Ian Drysdale, Chief Executive Officer at One Inc. “To date this is one of our most visionary and ambitious implementations, one that truly illustrates the full power and potential of ClaimsPay. We are extremely proud to be working with Amerisure, now and into the future, to make instant digital payments a reality and differentiator for their business.”

Read More: Novo Hires Executive Vice President of Engineering and Chief of Staff

Related posts

Paystand Accelerates Digital-First B2B Payments With the Launch of Smart Lockbox

Fintech News Desk

Hazardhub Named to the Insurtech 100 List of the World’s Most Innovative Companies

Fintech News Desk

Even Surpasses $2.5 Billion in On-Demand Pay, Strengthens Leadership Team to Improve Financial Health of Fortune 1000 Workers

Fintech News Desk
1