
One Inc ClaimsPay®
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Overview
ClaimsPay® powered by Invenger-InsurPay provides the expanded capabilities of paying anyone from any device with any method, delivering choice, control and convenience to both carriers and claimants.The comprehensive digital claim payments platform enables real-time data retrieval and facilitates faster responses and payment transactions through the use of a robust set of web services. Carriers are empowered to transform their insurance operations by reducing costs, increasing security, and optimizing customer experience.
Using the ClaimsPay® powered by Invenger-InsurPay digital payments platform and solution-specific accelerators can enable carriers to experience:
- Cycle Time Reduction: 78%
- Digital Adoption Rate: 60%
- Cost Savings: $1M Annually
- Integration Effort Reduction: 75%
·
Key Features
The ClaimsPay® powered by Invenger-InsurPay Claim Payments Solution includes the following capabilities:
- Payment Choice & Control - Paying anyone (i.e. policyholder, claimant, third party vendor, etc.) with any payment method (i.e. checks, ACH, debit/credit/prepaid/virtual card, PayPal, etc.) on any payment channel (i.e. phone, mobile, mail, online, email and text, etc.).
- Reporting & Reconciliation – The API and Dashboard allow for real-time payment status access that allows both carriers and vendors the ability to better manage cash flow and make informed decisions, as well as the ability to reconcile transactional data, including 1099 reportable transactions.
- All Insurance Use Cases - Expert workflows, innovative financial technologies, easy to use portals, and established vendor partnerships enable carries to effortlessly handle all insurance use cases.
- Single/Multi Party Payments - Single or multi-party payment options are delivered, eliminating complications and payment delays. Payees are allowed the ability to determine the payment distribution amounts, as well as their individual payment methods.
- Mobile Field Payments - Field agents and adjusters can immediately approve insurance claims and digitally pay customers anywhere using the ClaimsPay® powered by Invenger-InsurPay mobile app, allowing insurers to reap the benefit of accelerated claim closure and fund disbursement.
- Total Loss Lienholder Payments – The ClaimsPay® powered by Invenger-InsurPay solution provides the ability to pay lienholders easily thru established vendor partnerships and workflows, allowing insurers to close claims up to 10 days faster, get transferred titles quicker, recoup money from salvage, and reduce rental car and storage expenses. Policyholders receive needed funds with speed, improving the overall customer experience.
- Mortgagee Payments – ClaimsPay® powered by Invenger-InsurPay provides an efficient multi-party payment approvement process accelerated by established and extensive financial institution relationships, facilitating faster disbursement authorization. ClaimsPay® powered by Invenger-InsurPay’s mortgagee solution means that insurers can provide homeowners quicker access to funds during times of hardship.
- Vendor Payments – ClaimsPay® powered by Invenger-InsurPay provides the ability to directly deposit digital vendor payments into vendor-designated bank accounts or send to vendor POS terminals via a virtual card number. The vendor portal eases reconciliation and streamlines the enrollment process, facilitating vendor self-enrollment and management. Claim payment and remittance information can be easily received, viewed, and downloaded.
Key Benefits
- Expanded payment methods
- Accelerated claim closure
- Reduced operational expense
- Enhanced customer experience
- Enabled business continuity