Blog Post

Cut Payment Processing Costs by Two-Thirds

Why P&C Insurers Are Moving to BriteCore + Stripe

July 15, 2025

In today’s insurance landscape, modernizing your core platform is no longer just about speed or flexibility—it’s about savings. And when it comes to payments, the numbers speak for themselves.

Most insurers today spend about 1% of their Direct Written Premium (DWP) on payment processing expenses. But with BriteCore’s embedded partnership with Stripe, that cost drops dramatically. On average, insurers using BriteCore and Stripe together pay just one-third of one percent—a two-thirds reduction in payment processing expenses.

That savings can be redirected into innovation, underwriting, customer experience—or straight to the bottom line.

Why Stripe-on-BriteCore Works

BriteCore’s native integration with Stripe provides:

  • Transparent, competitive pricing with no hidden fees
  • Built-in security through PCI compliance and Stripe Radar fraud detection
  • Support for all major payment types (ACH, debit/credit cards)
  • Convenience fee options to offset costs
  • Modern user interfaces embedded directly into the BriteCore platform
  • Full traceability from policy to payment settlement‍
  • Settlement status visible directly in policy accounting

Modern Cloud Platform. Embedded Payments. Real Savings.

Legacy platforms often require juggling multiple vendors, managing outdated integrations, and absorbing steep processing fees. With BriteCore, payments are no longer an afterthought—they’re a seamless, secure, and cost-efficient part of your policy administration system.

And while insurers may continue using other supported payment vendors, only Stripe-on-BriteCore offers continuous enhancements, streamlined onboarding, and true embedded efficiency.

Make the Move: Reduce Expenses and Modernize Your Payments

If you’re ready to lower your payment fees, simplify your insurance operations, and modernize the policyholder experience, it’s time to activate Stripe-on-BriteCore.

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