Create a single orchestrated process for payments
Payments processing at insurers and reinsurers can be complex and cumbersome because many checks must happen across disparate systems. Meanwhile, the customer is often left waiting for the payment to be made without understanding the reason for the delay, resulting in confusion and dissatisfaction.
Insurers and reinsurers need to create a more efficient, streamlined process for payments and expedite sanction checking.
Here are some of the features Appian offers for insurance payments processing: