Streamlining processes help insured families and providers to receive payments faster
FOLSOM, Calif., July 28, 2022 /PRNewswire/ — Opinions of the company One Incthe leading digital payment provider for the insurance industry, today announced that Georgia Farm Bureau Mutual Insurance Company (GFBMIC), the largest home and casualty insurance company in The country of Georgiahas chosen One Inc’s ClaimsPay® a digital payment platform to provide payment options to its members. The implementation will improve the process of payment of outstanding claims, providing new control mechanisms for faster payment.
GFBMIC is currently partnered with Sapiens Insurance, a global leader in providing solutions to the insurance industry. The combination of Sapiens cloud native, core suite of insurance applications and One Inc’s business solutions and related capabilities, will increase scale, speed to market, and customer satisfaction as insurance companies go digital.
“Our partnership with One Inc underscores our long-term commitment to innovation and the importance we place on our relationships with our customers,” said GFBMIC General Manager, George Monk. “Eighty percent of the Georgia Farm Bureau’s suppliers are already in the One Inc network, so it was an easy decision for GFBMIC to join them. The combined strengths of One Inc and Sapiens will help us accelerate digital transformation and increase customer base.”
“Georgia Farm Bureau was looking for a proven, flexible and modern solution with the ability to provide the most accurate and up-to-date solutions to empowering policyholders with insurance expertise,” he said. Ian DrysdaleCEO at One Inc. “Combining Sapiens with One Inc’s corporate platform will be of great benefit to GFBMIC’s business by meeting the needs of companies today and preparing them for the future.”
More on One Inc:
One Inc is revolutionizing the insurance industry through a seamless and frictionless payment system. Focusing on the insurance industry, One Inc helps carriers transform their operations by reducing costs, increasing safety, and optimizing customer experience. The end-to-end digital payment platform offers advanced payment methods, digital communication solutions, and fast digital payments, even for the most complex insurance use cases. As one of the fastest growing platforms in the insurance industry, One Inc manages billions of dollars annually in premiums and payments. For more information, please visit www.oneinc.com.
Information about Georgia Farm Bureau Mutual Insurance Company:
Georgia Farm Bureau Mutual Insurance Company, which began operations in 1959, is the largest home and casualty insurance company in the country. The country of Georgia. As a cooperative insurance company, GFBMIC is owned by Georgia Farm Bureau members. As members of the Georgia Farm Bureau, those with policy support Georgia agriculture and they deserve more benefits.
For more information on GFB, please visit https://www.gfb.org/
Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with integrated, low-cost solutions and a cloud-first solution that supports customer transformation. Serving more than 600 clients in 30 countries, Sapiens provides property and casualty insurance, workers’ compensation and life markets solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management . . For more information visit sapiens.com or follow us LinkedIn.
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