Insurtech UK principal partner
McKinsey & Company is the trusted advisor and counselor to many of the world's most influential businesses and institutions.
Our clients’ needs are constantly changing, so we continually seek new and better ways to serve them. To do this, we are bringing new talent into the firm, acquiring new companies, and developing new capabilities, for example, in design, analytics, and digital.
We serve clients at every level of their organization, whether as a trusted advisor to top management or as a hands-on coach for front line employees. We partner with clients to put recommendations into practice and work directly with them over the long-term, to help develop workforce skills, drive operational improvement, and apply new working methods.
No matter the challenge, we focus on delivering practical and enduring results, and equipping our clients to grow and lead.
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Payments do more than you think for insurance
Delivering efficient, dependable solutions at scale with the security insurers expect from a trusted innovator in payments.
Facing a dynamic financial and regulatory environment and rising customer expectations, insurers are compelled to adapt their business practices urgently. The $6+ trillion insurance industry is increasingly recognising the need to embrace payment methods that are digital, secure and instant. Unencumbered by legacy systems and architecture, Insurtechs have the unique opportunity to build a treasury platform that is flexible, digital and optimised for growth.
J.P. Morgan Payments can help pave the way for faster, more convenient and client centric disbursements. Doing business with nearly 75% of top insurers globally, we have a proven ability to deliver efficient and dependable payment solutions at scale, with the security insurers expect from a trusted innovator in payments. Clients also benefit from quality support; 91% of clients rate their service experience as superior to other banks they do business with.
At J.P. Morgan Payments, we can help insurance clients with their core banking requirements, including collecting premiums, paying claims, helping manage risk and holding cash in the required regulatory framework. Our global footprint allows us to offer payment solutions to support business growth into new geographies, while assisting clients in creating cash management structures that are secure, efficient, automated and scalable.
With more than 150 years of industry experience, J.P. Morgan Payments enables insurers and insurtechs to do more with their payments and provide access to valuable customer data, giving insurance companies the chance to unlock new opportunities for their business. Working with a payments provider who understands the insurance landscape can empower insurers to adapt, innovate, and thrive in an era of unprecedented change.
Our insurtech collaboration combines industry expertise with cutting-edge digital payment solutions that deliver flexibility and agility throughout the insurance lifecycle. Explore a range of treasury products and solutions built with insurance businesses in mind.
Let J.P. Morgan Payments propel you further, faster over the long-term with global and local expertise you can bank on.
Get in touch and stay informed info.jpm.payments@jpmorgan.com
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