64. How to Train Your Algorithm: Integrating Check and Digital Payments for Insurance

Agents Growth Academy

Oct 4 2022 • 33 mins

Mark Engels, CEO of ePayPolicy, a modern payments platform built just for insurance carriers, brokers, and agencies, has seen the rapid digital transformation of payments firsthand, having spent most of his career leading teams in the space. He sits down with host Jim Schubert today to share the trends he sees changing in end management systems for agencies across the globe and breaks down their valuable service for those who are still receiving a large percentage of their payments in the form of physical checks.


3 Key Takeaways

  • How ePayPolicy is helping insurance agents digitize their receivables no matter the payment, INCLUDING checks.
  • How the company's machine learning algorithm is used to reconcile data from customer remittance advice.
  • How the company's focus on integrating digital payments into the insurance industry is helping agents keep up with industry trends.


Resources

LinkedIn

epaypolicy.com

ePayPolicy’s Checkmate



About Mark

Mark Engels is the CEO of ePayPolicy, a modern payments platform built just for insurance carriers, brokers and agencies. Before ePay, Mark served as the Chief Revenue Officer for Hyperwallet (acquired by PayPal) and then Paya, where he led the sales and growth initiatives for both companies. Mark has seen the rapid digital transformation of payments firsthand, having spent most of his career leading teams in the space.