PNC Bank has extended its Treasury Management insurance payments offering to include property and casualty claims, leveraging its existing Claim Payments and Remittances platform introduced in 2018. The enhancement integrates ECHO Health’s claims technology with PNC’s payment rails to streamline multi-party claim disbursements.

The upgraded solution enables insurers to send payments to both businesses and individuals via multiple electronic methods, including instant transfers, and provides remittance information formatted to each recipient’s needs. It consolidates medical and non-medical claim payments onto a single platform, improving speed, transparency and operational flexibility.

Designed for large national and regional insurers managing high claim volumes and complex vendor networks, the offering provides an alternative to traditional payment providers. Backed by a regulated financial institution, PNC aims to offer insurers greater choice and confidence in managing complex, multi-party claims payments.