Story
Temenos
State FarmState Farm Uses Temenos Payments for Policy and Claims
State Farm, a financials organization in the United States, uses Temenos Payments from Temenos to support insurance operations for underwriters and claims handlers.
Temenos Payments became the place State Farm uses to move policies and claims through a system designed for carriers.
“Financials work at State Farm spans more than one site, even when headquarters sits in the United States.”
“Underwriters and claims handlers asked for a shared way to run insurance operations without freezing local judgment.”
Independent write-up. Figures come from public sources or are illustrative.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because policy and claims has a clear owner |
| Productivity | Handoffs in insurance operations sit in a shared queue instead of a mailbox trail |
| Capability | New joiners can see how insurance operations actually runs |
Story
Financials work at State Farm spans more than one site, even when headquarters sits in the United States. Policy and claims was splitting across regional habits. Underwriters and claims handlers asked for a shared way to run insurance operations without freezing local judgment.
Temenos (Temenos Payments) is what they standardized on. Temenos provides core banking and digital banking software used by financial institutions to run accounts, payments, and channels. State Farm uses it as the system of record for policy and claims, with underwriters and claims handlers as the primary operators and other groups coming in through the same queue.
Leaders get a picture they can actually walk. Teams get fewer mystery statuses. The story is about operating change, not an unpublished percentage.
