Case Study: Wagmo achieves faster, lower-cost claim reimbursements with Dwolla

Wagmo saves 92% on reimbursements with Dwolla

Wagmo, a pet insurance company, faced a significant challenge in efficiently processing claim reimbursements. Their previous method of manual ACH transfers and paper checks was time-consuming, taking up to seven days and requiring extensive manual data entry. To solve this, they turned to vendor Dwolla for its automated ACH payment services.

By implementing Dwolla's solution, Wagmo automated its reimbursement process. This resulted in a cost savings of over 92% and allowed reimbursements to be distributed to policyholders five days faster. The improvement in efficiency was over 800%, saving thousands of dollars monthly and eliminating the need to hire additional staff to manage payments.

Wagmo