(Image credit: Daniel Obregon/Unsplash.)
Georgia Farm Bureau Mutual Insurance Company (GFBMIC; Macon, Ga.), the largest domestic property and casualty insurance company in the State of Georgia, has selected One Inc’s (Folsom, Calif.) ClaimsPay digital payments platform to provide an improved claim payment experience for its members, according to a vendor statement. The implementation is expected to enhance the outbound claims payment process, providing new and improved options to allow for faster receipt of funds.
GFBMIC currently partners with Sapiens (Holon, Israel), a global provider of software solutions for the insurance industry. The combination of Sapiens’ cloud native, core suite of insurance applications and One Inc’s payments solutions and related delivery capabilities, will increase the scale, speed to market, and customer satisfaction as insurance companies embrace digital transactions, according to the One Inc statement.
“Our partnership with One Inc emphasizes our longstanding commitment to innovation and the significant value we place on our customer relationships,” comments George Monk, General Manager, GFBMIC. “Eighty percent of Georgia Farm Bureau’s vendors are already in the One Inc network, so it was an easy decision for GFBMIC to partner with them. The combined strengths of One Inc and Sapiens will enable us to fully maximize digital transformation and increase customer engagement.”
“Georgia Farm Bureau was seeking a proven, flexible and modern solution with a capacity for delivering a feature-rich and modern claims platform to empower their policyholders with the most innovative insurance capabilities,” comments Ian Drysdale, CEO at One Inc. “Integrating Sapiens and One Inc’s enterprise platform will be highly beneficial to GFBMIC’S business operations by meeting today’s industry demands and preparing them for the future.”