Visa to collaborate with insurers to digitise claims payouts

Visa | September 16, 2019

With the aim of cutting down on the time-consuming process of claims payouts, global financial services company Visa is partnering with insurers to develop near real-time access to insurance payments. Visa will utilize its real-time push payments platform, Visa Direct, to facilitate the funds disbursements for insurers. At present, customers of PNC Bank and Erie Insurance can choose to have an electronic claims payment delivered to their bank account in near real-time via Visa Direct, which they can then access through their debit card. A release also revealed that Visa is working with InsurPAY by Invenger Technologies to enable electronic and immediate payout transfers to customers of American Family. Other payment service partners are also utilizing Visa Direct to make insurance payouts faster. These partners include SafeChange, Setoo, Peoples Payment Solutions, and TELUS Health.

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INSURANCE TECHNOLOGY

Bindable Unveils its New Digital Solution - The Agent Wholesale Platform for Insurance Industry

Bindable | November 19, 2020

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Life.io Partners with Unqork to Scale New Digital Capabilities

Cision PR Newswire | October 20, 2020

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INSURANCE TECHNOLOGY

SafeAuto Launches Sober Driving Campaign to Give Drivers Safe Ways to Celebrate this Holiday Season

SafeAuto | November 17, 2021

While many Americans celebrated the holidays at home last year, more families are expected to travel and gather once again, which could lead to an uptick in drunk driving. A new national survey of over 1,900 US adults ages 21+, conducted by The Harris Poll on behalf of SafeAuto, reveals 40 percent of Americans ages 21-34 say they are more likely to drive after consuming alcohol over the holidays than other times of the year. The survey also found more than 6 in 10 Americans ages 21+ (62%) worry they've been a passenger in a vehicle when they've known the driver has had too much to drink, while 49% of those 21-34 say they themselves have regretted driving after having too much to drink. To encourage drivers to celebrate safely, SafeAuto is launching the We Got You: Drive Sober Get Rewarded campaign to help drivers make a plan when alcohol is involved, giving away Uber rides and hotel stays to help them do so. "Drunk driving is always more prevalent during the holidays, with Thanksgiving and the week between Christmas and New Year's Eve often among the deadliest for drivers. We want everyone to play it safe this holiday season, and that starts by having a plan to avoid drunk driving such as using rideshare, having a designated driver, or making arrangements to stay somewhere for the night." - Amber Yeray, Marketing Leader, SafeAuto. Whether behind the wheel or as a passenger, SafeAuto wants to make sure consumers don't end up in a dangerous situation when alcohol is involved over the holidays. Only about 3 in 5 Americans ages 21+ (62%) say they always make a plan to get home safely after drinking alcohol. To help drivers make a plan to celebrate safely, SafeAuto is giving away over $35,000 in Uber rides and hotel stays through the We Got You: Drive Sober Get Rewarded campaign. For a chance to win all consumers must do is: Survey Methodology This survey was conducted online within the United States by The Harris Poll on behalf of SafeAuto between October 19-21, 2021 among 2,006 US adults ages 18+, among whom 1,936 are ages 21+. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. Complete methodology is available upon request. About SafeAuto Safe Auto Insurance Group Inc., an Allstate Company, has been a leading provider of affordable state minimum coverage since its founding in 1993. SafeAuto has always been proud to call Columbus, Ohio home. With an unwavering entrepreneurial spirit and the idea that everybody has the right to have insurance, we're now providing options in 28 states for drivers who are looking to save hard-earned dollars. SafeAuto offers flexible payment plans, immediate coverage, and 24/7 customer service through the phone and web. Whether you're looking for auto, commercial, home, life, motorcycle or renters insurance, our dedicated team rides with you around the clock to ensure we are providing you the coverage that fits your needs.

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