Fact Sheets
Kyriba for Insurance
Advanced treasury, payments, and connectivity solutions for insurance
Kyriba delivers trusted treasury, payments, and connectivity solutions for Insurance organizations—covering life insurance, property & casualty, health insurance, reinsurance, and specialty insurance providers. Our secure, regulatory-compliant platform centralizes cash visibility, automates payments workflow, and provides actionable insights to optimize capital allocation, enhancing both operational and policyholder excellence.
Why insurance organizations choose Kyriba
Fully managed global Bank-Connectivity-as-a-Service (BCaaS).
High volume handling out of the box, typical for the industry.
AI-powered fraud detection and pre-bank payment screening (OFAC, UN, and more).
Solvency II compliance support and investment portfolio optimization.
Demonstrated significant productivity gains, payment processing optimization, and regulatory compliance enhancement.
Continuous innovation in AI, API, automation, and treasury digitalization with complete data sovereignty and enterprise-grade security.
What sets us apart
Unmatched system integration with connections to 9,900+ banks.
Preferred connectivity and payments solution provider by some of the largest insurance companies in the world, including AIG, MetLife, and Brighthouse Financial.
Industry's only Trusted AI architecture with embedded LLM technology for Agentic AI (TAI), ensuring complete data sovereignty for sensitive policyholder financial information.
Comprehensive payment processing automation and AI-powered fraud detection.
Industry stats
Source: Kyriba Business Value Advisory benchmarking data from organizations in the insurance industry.
546
Average of grand total hours saved by insurance customers using Kyriba.
166
Average of accounting hours saved by insurance customers using Kyriba.
55
Average of cash forecast generation hours saved by insurance customers using Kyriba.
Solving insurance challenges
Multi-channel payment visibility with AI-driven reconciliation for complex transaction processing.
Automated reconciliation eliminating up to 95% of manual processes.
Insurance-grade security with SOC 1, SOC 2, and SOC 3 Type II reporting, complete data sovereignty, and enterprise-grade protection.
Rapid investment optimization with sophisticated market risk management supporting portfolio performance and regulatory capital efficiency.
Key benefits summary
Consolidated view of cash, liquidity, and investment performance across all business lines, entities, and regulatory requirements.
Automated payments, reconciliations, fraud detection, and regulatory reporting for comprehensive compliance management.
AI-powered scenario analysis with natural language queries.
Fully managed BCaaS with connections to 9,900+ banks globally and major insurance core systems with pre-built, regulatory-compliant connectors.
Comprehensive Solvency II support, enabling regulatory excellence, capital optimization, and strategic business planning.
Advanced data and privacy protection for policyholder data with complete audit trails and role-based access controls for regulatory security.
Ready to modernize your Insurance treasury? Request a demo today.
