US Bank Streamlines Automated Insurance Payment Process

U.S. Bank announced a partnership with Needham, MA-based Enservio, a Solera Holdings company, to utilize its Paysurance platform for processing claims. The technology supports payments for auto, home, and mortgage; to name a few.

“At U.S. Bank, we’re committed to meeting the needs of our clients through innovative payment solutions and financial services technology. Enservio is a recognized leader in automating the disbursement process for insurance companies, and we’re excited to partner with them to deploy the technology needed to accelerate the secure processing of electronic payment and reconciliation of single and multi-party claims” – EVP and Head of Global Treasury Management at U.S. Bank, Rich Erario.

“With its large base of insurance clients and its reputation for innovation in the payments space, U.S. Bank is an ideal partner for our Paysurance product. We look forward to working together to bring comprehensive payment solutions, including our patented multi-party authorization capability, to the insurance industry” – MD at Enservio, Robert Chase.