International & domestic payout solutions for the insurance sector

Streamline your payouts to reduce errors, eliminate delays & improve efficiency.

Insurance payout processes are often paper intensive and manual in nature but in the age of digitisation, insurers need to meet shifting payee expectations by adapting to digital payment methods.

The Fexco payment platform is designed to automate and streamline the payment process to claimants, subsidiaries and overseas suppliers. Automatic validation of payee bank details ensures error-free, straight through payments, so you can focus on growing your business.

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Talk to our insurance payments specialists today

    Or Contact Us:

    Ireland: 1800 246 800
    UK: 0800 840 2887
    fcpsupport@fexco.com

    Bank account validation

    Reduce fraud

    Improve efficiency

    Automated reconciliation

    Here's what our clients say...

    “In a world of automated phone service and voice-prompt menus, it is refreshing to talk to a real person about our outgoing payments needs.

    Tim and the dealing team are very professional and provide bank-beating FX rates. Having an accessible, dedicated account manager to meet all of our requirements makes all the difference. Fantastic service all round”

    Conor Killian, Head of Finance, Great American International Insurance (EU) DAC

    How Fexco benefits insurance organisations and their payees

    Reduce fraud

    Remove sensitive payment data from your current operation.The Fexco payment platform processes and records transactions and audit trails and role based views mitigate risk and fraud whilst ensuring compliance.

    Payment choice

    Pay suppliers and claimants in a variety of digital methods including SEPA, wire and domestic ACH. We also still offer payment by cheque and mass cheque runs can be processed and completed with a single file.

    Bank account validation

    Fexco's validation tool detects bank account errors before payments are processed. This eliminates costly recalls and repair, calls to beneficiaries to confirm details and guarantees the quick and seamless delivery of payments.

    Mass payments

    Avoid the administrative burden when paying multiple payees across the globe. Make effortless mass payments in over 130 currencies from a single platform and track all payments for greater cash flow visibility.

    Streamline your payouts & and improve insurance payment efficiency today

    Fill in the details below and one of our payment experts will contact you to discuss your specific requirements.

      Payment solutions experts

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      Safe, secure & compliant

      As a regulated financial institution Fexco Corporate Payments uses robust client asset procedures to keep your funds protected.

      In October 2016, Fexco Corporate Payments became the first Irish payments provider to achieve the esteemed ISO 27001 Certification.