Insurance
Simple, efficient collections and claim payouts
The problem
Bank payments are the primary means by which insurance providers collect premiums and pay out claims, but orchestrating this at scale is complex with very little room for errors or delays. To square this circle, insurance providers typically have to resort to highly manual processes and heavily staffed teams working round the clock.
The solution
Atlar lets insurers run collections and payouts efficiently using their existing bank but without having to build out bank connectivity internally or large back-office teams.
Modern teams choose Atlar
Insurance
Seamless premium collection
Easily create and manage direct debit mandates and execute collections programmatically or at the click of a button, enabling customers to pay their premiums seamlessly.
Keep track of payments
Monitor balance and transaction data in real time across all your bank accounts, letting you establish a granular overview of your treasury.
Smooth claim payouts
Build automated payout workflows with end-to-end tracking and fully customizable approval workflows.