Insurance
Customers’ Pain Points
  • Claims are paid by cheque which is costly and lead to possibility of loss and inconvenient for customers 
  • Setting new standards for the industry to get ahead of competitors
Benefits
  • Enhancing your customers’ experience enabling instant fulfilment and convenient claims procedure with shorter settlement time
  • Reduces operational efficiency and provide timely notification for auto reconciliation
Use Cases for Insurance Sector

Use Case 1: Enable corporates to collect insurance premiums at Check Out

Enable corporates to collect insurance premiums at Check Out


Use Case 2: Enable corporates to provide real-time payments for users submitting claims, improving customer satisfaction 

Enable corporates to provide real-time payments for users submitting claims, improving customer satisfaction
 

Case Study

Instant and hassle-free insurance claim payment

Leading insurance companies use a payment solution powered by DBS RAPID to reduce the payment processing time of a travel insurance claim from a few days to just seconds.

Get in touch
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From overseas: +65 6222 2200
In Singapore: 1800 222 2200
Operating hours: 8.30am to 8.30pm, Mon - Fri (excluding PH)