For insurance companies

We work with claims processors to help them manage the cost and the time associated with large volumes of insurance claims and the payments associated with them.

Travelex GlobalPay is ideally suited to claims processors and insurance companies managing large volumes of payments because it allows you to upload a file into the system with all the necessary remittance information. Once the payments have been processed, this file will automatically reconcile back into your accounting system.

What one of our insurance clients says about us:

It is essential that we are able to pay these bills correctly and promptly – very often payments are subject to significant prompt payment discounts and we need to be confident that the currency transactions are made swiftly and easily. Failure to do so not only affects us, but also our underwriters and ultimately the traveller or patient. It helps us enormously to know that the service we receive from Travelex is reliable and speedy as well as being cost effective of course.

For more information on payments solutions for insurance companies, please call us on 0845 300 9807 or email us at insurance.tgbp@travelex.com.