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NYCM Insurance Debuts Snapsheet’s Cloud-Based Disbursements

Snapsheet, which works with cloud-native claims management, announced that its services will be used by NYCM Insurance, which offers coverage to residents and businesses in New York state, according to a press release.

Snapsheet will be providing services to allow digital payments, the release stated. The company offers integration with modern, legacy or multiple core systems with business configurations to support numerous brands.

It will also boost the speed of communication methods during the payments process, expedite automatic workflows and add more transparency to the status of a payment, according to the release.

Additionally, Snapsheet will give NYCM access to a vendor network to let it pay vendors electronically, the release stated.

“An established and trusted insurance carrier for more than 120 years, it’s clear that NYCM Insurance values customer service and satisfaction,” said Snapsheet Co-Founder and CEO Brad Weisberg in the release. “Today, as customers have grown increasingly accustomed to the convenience and efficiency that comes with digital experiences, electronic payment options are a must-have. We are proud to pioneer the digital payments transformation for our clients across the globe, helping them better meet, and exceed, modern customer expectations.”

NYCM Insurance President and CEO V. Daniel Robinson said in the release: “Our customers are our top priority, and we strive to do everything possible to make their experience as efficient, transparent and easy as possible. By expanding our options for payment beyond the traditional check and enhancing our digital communication capabilities, we’re able to provide our customers, employees, agents and business partners a sense of control in an uncontrollable event.”

In April, Endava CEO John Cotterell told PYMNTS that payments are becoming “more automatic and commodified.”

Read more: Payments Made Seamless And Invisible

“Instead of paying for items at a register with a card dip at my grocery store, in the near future, I will simply walk out, and the items will be automatically charged to the pre-selected method of payment,” he said.

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