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 10,000+ 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.

    • $1.21M

      average total annual benefit

    • $5.6M

      average 5-year Net Present Value (NPV)

    • 15,479

      hours total annual time savings

    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 10,000+ 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.

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