Insurtech Snapsheet, a provider of claims management technology, has partnered with Snapsheet Transactions to launch a new payment platform for insurers. The platform aims to streamline the claims process, allowing insurers to pay out to claimants in a more timely fashion. The firm already uses mobile and cloud technology to process claims. The new payments platform, dubbed Keybank, will speed up the process through which claimants are actually paid, eliminating the need for physical cheques to be issued.
Insurtech Snapsheet, a provider of claims management technology, has partnered with Keybank to launch a new payment platform for insurers. The platform aims to streamline the claims process, allowing insurers to pay out to claimants in a more timely fashion. The firm already uses mobile and cloud technology to process claims. The new payments platform, dubbed Snapsheet Transactions, will speed up the process through which claimants are actually paid, eliminating the need for physical cheques to be issued.