What are the Benefits?

Single Infrastructure, Lower Costs

End dependence on legacy systems cobbled together as inefficient networks. PremiumWorks consolidates all receivables in a single hub. Integrating with or fully replacing your existing IT, the solution:

  • Interfaces with all payment locations and payment forms
  • Integrates with major third-party processing and output systems
  • Reduces redundant tasks (authentication, validation, generation)

Speed, simplicity and centralization free IT departments to work on development, not maintenance.

Optimized Workflow

Easily surmount the familiar organizational challenges of processing insurance receivables. An integrated dashboard; centralized capture; image-based correspondence handling; instant, automatic exception notification; and integrated analytics let you:

  • Reduce exception handling 30%
  • Speed communication among departments, agents, central office
  • Retrieve records instantly
  • Improve compliance and speed audits

The entire process — centralized, automated, integrated and simplified — flows smoothly and quickly.

Delighted Customers

Instantly retrieving payment records — with reliable data, clear tracking and integrated reporting — enables positive communication with demanding customers. A single, optimized system enables:

  • Payment at any location, in any form
  • Online Web portal for corporate customers to view payments across channels
  • Quick, easy dispute and cancellation resolution

Case Study

Main Street America Significantly Reduces Costs

Learn how PremiumWorks™ streamlined workflows for a top insurer.

White Paper

Ending the Paper Chase

An insurer's guide to electronic payments.