Tranzpay and INTX Team Up to Revolutionize Insurance Payments and Policy Management
Two insurance technology firms have joined forces to streamline payments and policy management. Tranzpay, a specialist in digital payment solutions, has partnered with INTX, a provider of modern core insurance systems. The collaboration aims to create a smoother experience for insurers and policyholders alike.
INTX already offers a complete platform for managing insurance operations. This includes quoting, underwriting, billing, claims handling, and reinsurance—all within a single system. Tranzpay’s role in the partnership is to add secure, scalable online payments for premiums and claims payouts.
The two companies designed their systems with deep knowledge of the insurance sector. Their combined solution now integrates Tranzpay’s payment tools directly into INTX’s platform. This creates a unified environment where insurers can handle policies, claims, reinsurance, workflows, and online payments without switching between different systems.
By embedding payment capabilities into the core insurance platform, the partnership promises several benefits. Carriers, managing general agents (MGAs), and reinsurers can cut operational costs while improving compliance. Faster payments and a better experience for policyholders are also expected.
The INTX-Tranzpay solution brings payments and policy administration together in one place. Insurers using the platform will manage everything from underwriting to claims disbursements more efficiently. The integration is set to simplify workflows and reduce friction in day-to-day operations.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Over 1.7M in Baden-Württemberg at Poverty Risk, Emmendingen's Housing Crisis Urgent
- Life Expectancy Soars, But Youth Suicide and Substance Abuse Pose Concern
- Cyprus, Kuwait Strengthen Strategic Partnership with Upcoming Ministerial Meeting
