Using checks to pay claims has been the standard for a while. But technology is moving rapidly and checks are disappearing sooner than you might think. It’s time to move away from checks.
We’ve identified 4 misconceptions that we’ve heard from insurance companies when they consider this move.
These misconceptions are causing insurance companies to miss out on major improvements in:
- Customer satisfaction
- Loss adjuster expense
- Associate engagement
Check out this eBook on the 4 misconceptions about electronic claims payments.