The top 5 reasons Insurance Carriers are slow to implementing new payment methods
By their nature, the insurance industry is understandably conservative and risk-averse. And, as such, it is easy to correlate why they are inherently slow to adopt new technologies, especially related to outbound payments If a carrier had a choice between implementing a new payment capability to accept premiums versus one to pay claims, it’s obvious what the decision would be. However, most carriers have already broadened their portfolio of payment method options for ins