Sign up and be the first to know

About Hugh Terry & The Digital Insurer

Hugh Terry & The Digital Insurer Video

Contact Us

1 Scotts Road
#24-10 Shaw Centre
Singapore 228208

Write an article

Get in touch with the editor Martin Kornacki

email your ideas at martin.kornacki@the-digital-insurer.com

Pre Registration Popup

itcasia2020 Registration Popup

Share Popup

Prime Member: Find out more

Access a unique programme!
  • 56 pre recorded lesson of online content from industry experts over 7 courses
  • The best in digital insurance for practitioners and by practtioners
  • Online MCQ after each lesson
  • Join the discussion forum and make new friends
  • Certificate upon completion to show your expertise and comitment
  • 3 months to complete
  • Normal price US$1,400 Your Prime member price is US$999
  • Access to future versions included in your Prime membership!
Become a member

Prime Member: Contact Us

REach out to us. Please fill up the form below
  • Let us know how we can help. You can expect a response within 24 hours

Imburse – Universal Payments Connector

In View Summary

Imburse, a ‘universal payments connector’, is a Swiss startup operating globally, which operates a Payment as a Service platform that makes it simpler for companies to collect or pay out money. Through its API platform, Imburse helps insurers offer customers all payment collection and payout technologies in any currency and market, helping create new products and better customer journeys.

The integration of Imburse’s technology via an API gives carriers the flexibility to test, chose or alter the payment methods best suited for the business, product or journey. A single reconciliation and reporting source at group or entity level makes full, real-time transparency possible.

Positioning itself as a universal payments connector, Imburse aims to facilitate any and all settlements between players. It has therefore enlarged its offer to integrate claim settlement in goods through partnerships with domestic appliance merchants.

Active in Switzerland, Germany and the UK, the startup is working to broaden its reach so as to include Portugal, Spain, Benelux, USA and Canada by year-end. In June 2019 Imburse received a Finance IT Innovation Award for the ecosystem category from the Business Engineering Institute St. Gallen AG.

Reported Benefits

Benefits to Customers:

  • Reduce costs, enhance efficiencies, modernize IT systems and launch new products and customer journeys
  • Future-proof: One integration to handle all transaction methods of today and going forward, resulting in savings in time and costs and agility to adapt to business needs;
  • Simple, comprehensive and transparent reporting/reconciliation: Single and standard reconciliation for all payment methods across all transactions

Benefit to the Insurer:

  • Innovative products and services
  • Increased customer engagement and retention
  • Lower operating costs

The Digital Insurer's View

Initially conceived as an app to sell travel insurance at the airport, the founders realised how difficult and critical it was to transact payments, eventually turning around the core offer and business model to launch Imburse.

References

';

Livefest 2019 Register Popup Event

Livefest 2019 Already Registered Popup Event

Livefest 2019 Join Live Logged-in Not Registered

Livefest 2019 Join Live Not Logged-in