MINNEAPOLIS--(BUSINESS WIRE)--Apr. 25, 2018--
U.S. Bank today announced a partnership with Enservio, Inc., a Solera
Holdings, Inc. company, and the leading provider of contents claim
management software, services, and payments solutions for property
insurers. Through this partnership U.S. Bank will utilize Enservio’s
Paysurance® platform, an innovative solution for insurance
industry clients, to streamline a previously intricate and complex
process that both insurers and customers encounter when paying or
collecting a settlement.
“At U.S. Bank, we’re committed to meeting the needs of our clients
through innovative payment solutions and financial services technology,”
said Rich Erario, executive vice president and head of Global Treasury
Management at U.S. Bank. “Enservio is a recognized leader in automating
the disbursement process for insurance companies, and we’re excited to
partner with them to deploy the technology needed to accelerate the
secure processing of electronic payment and reconciliation of single and
multi-party claims.”
Paysurance can help insurers reduce the cost and time associated with
processing claims, while providing clients with their settlement funds
more quickly. The technology supports payments for auto, homeowner,
mortgage and B2B insurers, among others.
“With its large base of insurance clients and its reputation for
innovation in the payments space, U.S. Bank is an ideal partner for our
Paysurance product,” said Robert Chase, managing director at Enservio.
“We look forward to working together to bring comprehensive payment
solutions, including our patented multi-party authorization capability,
to the insurance industry.”
U.S. Bank is a leader in payments and financial services innovation,
focused on developing products and services that help clients stay a
step ahead.
About U.S. Bank
Minneapolis-based U.S. Bancorp (NYSE: USB), with $460 billion in assets
as of March 31, 2018, is the parent company of U.S. Bank National
Association, the fifth largest commercial bank in the United States. The
Company operates 3,054 banking offices in 25 states and 4,729 ATMs and
provides a comprehensive line of banking, investment, mortgage, trust
and payment services products to consumers, businesses and institutions.
Visit U.S. Bancorp on the web at www.usbank.com.
About Solera
Founded and continuously led by inventor and entrepreneur Tony Aquila,
Solera is a global leader in digital technologies that connect and
secure life's most important assets: our cars, homes and identities.
Today, Solera processes over 300 million digital transactions annually
for approximately 235,000 partners and customers in nearly 90 countries.
For more information, please visit solera.com.
About Enservio
Enservio blends digital technology with human expertise to provide
risk-free solutions for the entire contents claims process. Insurance
carriers rely on the Enservio platform to achieve the optimal business
outcome for their contents programs, driving superior policyholder
satisfaction and efficient workflow. Founded in 2004, Enservio is
headquartered in Needham, MA, with offices and professional staff across
the U.S. For additional information, please visit the company’s website www.enservio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180425006019/en/
Source: U.S. Bank
U.S. Bank Corporate Communications
Elizabeth Parra, 415-464-8521
elizabeth.parra@usbank.com