{"id":6317,"date":"2025-09-08T13:59:20","date_gmt":"2025-09-08T13:59:20","guid":{"rendered":"https:\/\/www.devengo.com\/?p=6317"},"modified":"2025-10-01T09:11:24","modified_gmt":"2025-10-01T09:11:24","slug":"barkibu-insurtech-testimonial","status":"publish","type":"post","link":"https:\/\/www.devengo.com\/en\/blog\/barkibu-insurtech-testimonial\/","title":{"rendered":"Barkibu + Devengo: Automation and Instant Payments in Insurtech"},"content":{"rendered":"\n<p>When your pet needs veterinary care, the last thing you want is to wait days for a reimbursement. Being able to receive the money in seconds makes the difference between peace of mind and worry.<\/p>\n\n\n\n<p><strong><strong>In the insurance industry, speed and ease of payments don\u2019t just streamline processes\u2014they are essential for building trust and loyalty, both with clients and business partners.<\/strong><\/strong><\/p>\n\n\n\n<p>That\u2019s why <strong><a href=\"https:\/\/www.barkibu.com\/es\/\" target=\"_blank\" rel=\"noreferrer noopener\">Barkibu<\/a><\/strong> relies on our technology to offer instant, automated payments 365 days a year, enhancing the user experience and strengthening their programs and incentives with strategic partners.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Barkibu: Innovation in Pet Insurance<\/strong><\/h2>\n\n\n\n<p>Barkibu is the Spanish <a href=\"https:\/\/www.devengo.com\/en\/industries\/payment-solution-for-insurtech\/\" data-type=\"link\" data-id=\"https:\/\/www.devengo.com\/en\/industries\/payment-solution-for-insurtech\/\"><strong>insurtech<\/strong><\/a> company shaping the future of pet insurance, combining veterinary coverage with value-added digital services:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>100% digital policy management<\/li>\n\n\n\n<li>Instant reimbursements<\/li>\n\n\n\n<li>24\/7 online veterinary consultations<\/li>\n\n\n\n<li>Digital tools for monitoring and caring for animal health<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Barkibu\u2019s Challenge<\/strong><\/strong><\/h2>\n\n\n\n<p>Before automating its payments, Barkibu faced several challenges that affected both customers and internal teams:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Manually processed reimbursements<\/li>\n\n\n\n<li>Delays of up to 8 hours in payments<\/li>\n\n\n\n<li>Frequent errors in financial reconciliation<\/li>\n\n\n\n<li>Poor support at critical moments for policyholders<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>The Solution: 24\/7 Instant Payment Infrastructure<\/strong><\/strong><\/h2>\n\n\n\n<p>With our <a href=\"https:\/\/devengo.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>account-to-account (A2A) payment API<\/strong>,<\/a> Barkibu was able to completely transform its payment flow:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>24\/7 instant payments via SCT Inst:<\/strong> reimbursements reach the client\u2019s account in seconds, even on holidays or outside business hours.<\/li>\n\n\n\n<li><strong>Intelligent automation:<\/strong> once a claim is approved, the payment is made without manual intervention.<\/li>\n\n\n\n<li><strong>Dedicated IBAN account creation:<\/strong> IBANs can be generated via API to provide a flexible payment infrastructure that adapts to the organization\u2019s operational structure, enabling accounts to pay clients, sales teams, and collaborators, simplifying organization and control.<\/li>\n\n\n\n<li><strong>Traceability through notifications and webhooks:<\/strong> every transaction can be tracked in real time, reducing errors and friction.<\/li>\n\n\n\n<li><strong>Simplified reconciliation:<\/strong> automation ensures accounts are reconciled efficiently, reducing errors and review time.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Results Achieved<\/strong><\/strong><\/h2>\n\n\n\n<p>The Barkibu\u2013Devengo collaboration has produced measurable improvements:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Payment times reduced<\/strong> from 8 hours to seconds<\/li>\n\n\n\n<li><strong>95% fewer reconciliation errors<\/strong><\/li>\n\n\n\n<li>Increased client<strong> satisfaction and loyalty<\/strong><\/li>\n\n\n\n<li><strong>Higher motivation in the sales team <\/strong>thanks to instant payments for commission payouts<\/li>\n<\/ul>\n\n\n\n<p>Thanks to these improvements,<strong> Barkibu reduced the time spent managing payments by 70%<\/strong>, significantly enhancing both the user experience and that of their sales teams and collaborators.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Competitive Advantage in the Insurance Market<\/strong><\/strong><\/h2>\n\n\n\n<p>Speed and reliability of payments are now key factors for differentiation. With Devengo, Barkibu positions itself as a more agile and efficient insurer, customer-focused, reinforcing its reputation and growth in a competitive market.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5-1024x1024.png\" alt=\"Testimonio Pablo Pazos Barkibu\" class=\"wp-image-6342\" srcset=\"https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5-1024x1024.png 1024w, https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5-300x300.png 300w, https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5-150x150.png 150w, https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5-768x768.png 768w, https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Insurtech-Testimonial-5.png 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>The Potential of Devengo for the Insurance Sector<\/strong><\/strong><\/h2>\n\n\n\n<p>At Devengo, we specialize in offering A2A payment solutions tailored to each case independently. Our technology can meet many other needs in the <a href=\"https:\/\/www.devengo.com\/en\/industries\/payment-solution-for-insurtech\/\"><strong>insurance sector<\/strong><\/a>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Instant account ownership verification:<\/strong> ensures each beneficiary is correct before funds are transferred.<\/li>\n\n\n\n<li><strong>Programmable payments:<\/strong> allows setting specific dates, times, and conditions to optimize cash flow.<\/li>\n\n\n\n<li><strong>Smart payments:<\/strong> apply custom rules to tailor each transaction to the business logic.<\/li>\n<\/ul>\n\n\n\n<p>Want to take your instant and automated payments to the next level? Discover how Devengo can transform your insurer\u2019s management and simplify your financial operations today.<strong> ?<a href=\"https:\/\/www.devengo.com\/en\/contact\/\">Contact us<\/a><\/strong>?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to its partnership with Devengo, Barkibu delivers instant, automated payments, making pet insurance simpler, faster, and more reliable than ever.<\/p>\n","protected":false},"author":16,"featured_media":6321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[90,94,16],"tags":[],"ppma_author":[71],"class_list":["post-6317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-customer-stories","category-insurtech-2","category-payments"],"acf":[],"authors":[{"term_id":71,"user_id":16,"is_guest":0,"slug":"stephanie","display_name":"Stephanie Borrero","avatar_url":{"url":"https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Logo-Devengo-3.png","url2x":"https:\/\/www.devengo.com\/wp-content\/uploads\/2025\/09\/Logo-Devengo-3.png"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/posts\/6317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/comments?post=6317"}],"version-history":[{"count":21,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/posts\/6317\/revisions"}],"predecessor-version":[{"id":6424,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/posts\/6317\/revisions\/6424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/media\/6321"}],"wp:attachment":[{"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/media?parent=6317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/categories?post=6317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/tags?post=6317"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.devengo.com\/en\/wp-json\/wp\/v2\/ppma_author?post=6317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}