Fiserv provides an integrated approach for property, casualty and life insurers with personalized billing, various payment options, multi-party disbursements, and reconciliation services that contain costs and speed revenue collection while meeting regulatory requirements.
Consolidation among insurers is accelerating. Competition is rising and concerns about data security are growing. Policyholders expect more from their digital experiences on the devices of their choosing. Compete effectively and provide the best customer experience with access to new technologies and expertise – without adding excessive costs and complexity to your operations.
Amid these challenges, insurers seek better ways to manage their revenue cycles in a single, cohesive manner. They need to effectively communicate with policyholders, distribute invoices in digital and paper, and provide convenient payment options. In addition, insurers see the importance of an efficient back-office reconciliation process.
Engagement Advantage transforms the way insurers engage policyholders through billing, payment and communication options that drive costs down, improve outcomes and increase satisfaction. Fiserv delivers according to your policyholders' preferences – paper, email, web, mobile or tablet. And with Digital Disbursements funds can be delivered to policyholders in minutes to a bank account, debit/prepaid card, email address or phone number.
Fiserv can help your organization:
Let the strength of Fiserv lead your insurance company to: