Submitted by

AXA Italia Servizi ScpA

Premium
26/02/2025 Insurance Innovation
AXA is transforming the Italian insurance landscape as the pioneering insurer to introduce instant bank transfers. With our Instant Claims Payment initiative, clients can receive reimbursements in just 30 minutes after the payment is issued!
Innovation details
Country
Italy
Category
Re-imagining the Customer Experience
Keyword
Customer experience, Customer service, Home insurance, Insurance, Health insurance, Payments, Claims management
Business Line
Health Insurance, Accident Insurance, Motor insurance, Home Insurance, Commercial Insurance, Liability Insurance
Distribution Channel
Agents, Bancassurance, Brokers, Online / Direct, Partners

Innovation presentation

AXA Instant Claims Payment initiative aims to revolutionize the claims management and payment process, enhancing customer satisfaction while optimizing internal processes, ensuring rapid and efficient payments for claims requests. Starting from June 2024, AXA Italy introduces Instant bank transfer (“Bonifico istananeo”) as the new standard way to pay all claims under 100.000€. This innovative payment method allows funds to be credited within 30 minutes from payment issued by claims handler in our claims tool. The combination of new technologies (AI, OCR) and this innovative payment method has allowed us to achieve instantaneous claims settlement, particularly in two successful use cases: Health and Motor claims.

Want to keep reading?

Become a Qorus member to get access to all our innovations

Interested in learning more?

Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.

Related Content