HARTFORD, Conn.–(COMMERCIAL WIRE)–sure, a leading provider of cloud-native and fully configurable policy, billing, claims and analytics software, today announced that workers’ compensation company Victory Insurance has selected Sure Claims Payments to expand the digital payment option for claimants. Victory Insurance currently leverages Insurity’s comprehensive Workers’ Compensation Suite. Adding Insurity’s Sure Claims Payments to its portfolio of solutions allows Victory Insurance to pay claimants in as little as 30 seconds after a claim is approved and improve the policyholder experience with more convenient claim payment options.
Victory Insurance is a workers’ compensation insurance company, as well as a licensed MGA, providing nationwide policy and claims servicing capabilities to carrier partners. As a modern, customer-focused organization, Victory is dedicated to improving the policyholder experience and integrating Sure Claims Payments with Workers Compensation Package is the next step in delivering this to your policyholders and related beneficiaries. With a configurable “back to check” option, whereby claimants can choose real-time digital payments or traditional physical checks, Victory Insurance offers choice, while avoiding the potential for late payments and penalties. This automated workflow can reduce check distribution costs by up to 50%.
“We have an unwavering focus on delivering best-in-class modern experiences to our policyholders, and Insurity’s suite of workers’ compensation and secure claims payments are helping us achieve that goal,” said Keith Brownfield, president and CEO of Insurity. Victory Insurance. “Sure Claims Payments allows us to provide near-instant payments to our claimants and medical providers the moment they need it. Pre-built APIs allow us to easily integrate the solution with Insurity’s workers’ compensation suite for even greater operational efficiency.”
“We are excited that Victory Insurance will expand its payment option and continue to provide superior service to policyholders through Sure Claims Payments,” said Becky Kopplin, Vice President of Insurance Payments. “The speed and flexibility provided by the solution ensures that they remain competitive in a rapidly evolving market, while claimants and providers benefit from receiving their payment in the format they prefer.”
For more information on how Sure Claims Payments can expand the payment option in your organization, please contact Laura Krause at Laura.Krause@insurity.com.
Insurity is a leading provider of cloud-based software for insurers, brokers, and MGAs. Insurity is trusted by 15 of the top 25 P&C carriers and 7 of the top 10 MGAs in the US and has over 400 cloud-based implementations. Through its best-in-class digital platform, unmatched industry expertise, and the industry’s strongest analytics offerings, Insurity is uniquely positioned to deliver exceptional value, allowing clients to focus in its core businesses, streamline its operations and deliver superior experiences to policyholders. Insurity is a portfolio company of GI Partners and TA Associates. For more information visit www.insurance.com.
About Victory Insurance
Victory is a licensed private workers’ compensation insurance carrier and a licensed MGA. In addition to offering workers’ compensation insurance to employers, Victory provides insurers, MGAs, and program managers with custom production, underwriting, policy administration, claims administration, regulatory filing support, and other essential services in all 47 private states. workers’ compensation. Founded and licensed in 2005, Victory offers employers a preferred insurance option and a great opportunity to save on premiums. Victory’s experienced, professional and courteous team gets employees back to work and closes claims 300% faster than other providers in the industry. For more information visit www.victorymt.comor follow Victory Insurance Company on LinkedIn.