Zelis teams up with Duck Creek to expand into P&C insurance sector

5 days ago 5

Zelis has teamed up with intelligent exertion solutions supplier Duck Creek Technologies to grow into the spot and casualty (P&C) security market.

This concern volition spot the Zelis Advanced Payment Platform (ZAPP) extended to enactment P&C insurers.

By integrating with Duck Creek’s Payment Marketplace and Orchestrator, Zelis aims to assistance P&C insurers facilitate accelerated payments to their policyholders, businesses and providers.

Zelis said that P&C insurers are nether expanding unit to update their traditional, paper-based disbursement workflows.

The assemblage faces peculiar difficulties successful managing workflows involving aggregate parties, support layers and assorted regulatory requirements.

According to Zelis, the integration of ZAPP via Duck Creek’s level volition alteration integer outgo options and streamline wide operations.

Zelis Payments Optimization president Yusuf Qasim said: “By teaming up with Duck Creek, we are making it easier for spot and casualty insurers to grip claims and premium payments much efficiently.

“This concern is simply a testament to our increasing committedness to supporting the P&C manufacture successful a deeper way. We are combining our acquisition successful simplifying analyzable payments with Duck Creek’s trusted security platform, truthful insurers tin heighten however they enactment – without having to overhaul everything they already trust on.”

ZAPP is present disposable done Duck Creek’s Payments Marketplace. With the assistance of Duck Creek Orchestrator, implementation times for outgo integrations are expected to alteration from respective months to arsenic small arsenic 1 to 2 weeks.

Duck Creek Orchestrator is designed to nexus insurers to a scope of worldwide outgo providers, and supports some incoming and outgoing payments crossed antithetic IT environments.

Duck Creek Technologies main payments serviceman Allan Lacoste said: “Partnering with Zelis is simply a pivotal measurement successful our ngo to empower carriers with agile, end-to-end halfway security solutions.

“By integrating ZAPP into Duck Creek Orchestrator and Payment Marketplace we are giving customers entree to a wider scope of outgo methods and greater power implicit their outgo processes, portion enabling faster implementation timelines.”

"Zelis teams up with Duck Creek to grow into P&C security sector" was primitively created and published by Life Insurance International, a GlobalData owned brand.


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