Fiserv provides a unified solution to insurance companies that simplify the billing and payment life cycle, resulting in speeding revenue collection and improving policyholder engagement with reduced complexity, regulatory risk and cost.
Fiserv unites its industry-leading point offerings to create a unified, configurable, end-to-end billing and payment solution to meet the needs of the market. After you send your data to Fiserv, Fiserv will:
- Prepare the data for the creation of the bill, including messaging
- Present the bills in printed and digital formats to customers through the mail and electronically to your website and to bank channels
- Allow consumers to Pay through the most channel payment options
- Protect with best-in-class fraud, risk management and reconciliation solutions
- Create efficiencies and lower costs by having Fiserv manage billing and payments
- Provide preferred billing and payment options tailored to policyholder expectations
- Speed revenue collection by offering most payment options anywhere
- Improve policy holder engagement with the right message in the right channel to the right policyholder.
- Reduce regulatory and security risk and compliance with one of the industry's most trusted providers