The problem
Bank payments are critical for insurance companies – it is the standard way for collecting premiums and paying out claims. Orchestrating those payments and the related operations is hard because of the non-existent room for error and that customers today expect claims payouts to be received in near real-time.
The solution
Atlar enables insurers to use bank payments for premium collection & payouts with their existing bank, but without having to build out internal bank connections or large back-office teams.
Products & Benefits
Insurance
Seamless premium collection
Direct Debits lets you set up direct debit mandates and execute debit pulls, enabling your customers to pay their premiums seamlessly.
Keep track of payments from your partners
Accounts enables you to monitor balances & transactions in real time across all your bank accounts and maintain a granular overview of treasury.
Smooth claims payouts
Credit Transfers allows you to build automated claims payout workflows with fully customizable approval chains and payment tracking.
