Pay and close claims faster
With fierce competition and shrinking margins providers need to stand out from the crowd.
The WEX Insurance Payments solution is a secure and automated payment method for insurance, warranty, auto leasing and fleet providers. Automated payments to preferred and out-of-network suppliers, cutting costs and preserving customer loyalty.
Streamline back-office procedures with our solution so you can focus on your core business:
- Pay and close claims faster
- Reduce payment fraud and disputes
- Control & track the timing, recipient and exact amount of each payment
- Automatically reconcile payments with custom data and reporting
- Extend your payment timelines at no cost
- PCI/DSS compliant solution alleviates your responsibilities
Integrating our payment processing technology with your existing claims management software is simple with API integration or file upload options and offers several benefits:
- Allows your claims payment specialists to do their job within a system they know
- Enables instant payments for approved claims
- No requirement to register supplier bank account details
- No upfront or on-going software fees for implementation