Insurance tech platforms integrate real-time payments across 200-plus countries in cross-border deal

Acclaim and Trulydata have announced a strategic partnership aimed at tackling long-standing fragmentation in international insurance payments and administration.

The integration embeds Acclaim’s global payment infrastructure directly into Trulydata’s TrulyCare, TrulyInvest, and TrulyAMS platforms, enabling insurers to manage end-to-end financial operations – including premium collection, claims disbursements, agent commissions, and policy surrenders – across more than 200 countries from a single connected environment.

The companies say the collaboration addresses a persistent inefficiency in cross-border insurance: the reliance on multiple payment providers, fragmented banking relationships, and manual reconciliation processes that slow operations and increase costs. By synchronising financial flows with policy administration in real time, payments become a policy-triggered function rather than a separate operational process.

For carriers, managing general agents (MGAs), and third-party administrators (TPAs), the platforms are designed to reduce administrative burden while improving speed and transparency. Benefits highlighted include lower processing costs through consolidation of payment infrastructure, support for more than 65 instant payment methods, and improved distributor experience through faster, including same-day, commission payouts.

Executives from both firms said the goal was to remove the “fragmentation tax” that has historically constrained international growth in health, international private medical insurance (IPMI), and travel insurance markets.