That AMS core approach also underpins a more modern payments experience for insureds. Instead of forcing customers through awkward processes or separate portals, Applied Pay offers an online flow that feels far more advanced than traditional insurance invoicing, with options like Apple Pay, Google Pay, and premium financing available at checkout. Historically, if an insured wanted to finance his or her premiums, the agency had to fill out an application with a finance company on the customer’s behalf. This was such a time-consuming task that many avoided offering this option unless the customer specifically asked. Now, with the premium finance experience embedded in Applied Epic, agencies can offer premium financing without additional overhead. When the insured is presented with payment options at checkout, installment plans appear alongside other payment methods in the same digital journey, and the customer can simply e-sign and proceed.
Modern Payments, Legacy Systems: Insurance Finance Disruption? & more related News Here
