Modernize insurance with effortless payments
Drive customer engagement and lower the cost to serve with reliable premium collections, fast claim disbursements, and secure payments.
Reduce the cost to serve
Cut overheads with automated premium collections and reconciliation, and centralize operations on one platform.
Maximize customer engagement
Make every interaction count with consistent, cross-channel payments from sign up to payout.
Protect against risk and claims fraud
Detect and stop fraud with machine learning, virtual cards, and Adyen’s built-in global compliance standards.
Deliver digital experiences
From pay-ins to payouts, money flow is easy, reliable, and keeps the customer in mind.
Win and retain policyholders with uninterrupted premium collections.
Build loyalty by paying out claims quickly and conveniently.
Stay ahead of customer expectations with new features and payments methods.
Reduce the cost to serve
Save time and cut costs across the customer lifecycle.
Automate money movement and financial reconciliation to simplify transaction management.
Control claim costs and earn interchange on every payout with virtual cards.
Prevent involuntary churn and increase policyholder lifetime value with consistent recurring payments.
Prevent fraud and reduce risk
Protect against claims fraud and stay compliant.
Control spending and ensure payouts cover only approved expenses with virtual card issuing.
Validate policyholder details and improve risk checks with secure Open Banking data sources.
Keep payments secure and compliant by partnering with a licensed banking provider.
Clearcover’s smart payments evolution
The challenge
As Clearcover’s digital-first insurance model grew, they needed to balance easy payments with operational efficiency.
The solution
Adyen’s unified technology platform and advanced data capabilities.
The impact
24% increase in authorization rates
Almost 50% increase in average transaction volume
Average $2 of cost savings/transaction with US debit
Are you ready to take insurance payments to the next level?
We'd love to explore how we can help.