--- title: PaymentWorks Blog | insurance (2) description: insurance | (2) --- [![PaymentWorks](https://blog.paymentworks.com/hubfs/PaymentWorks_February2020/images/logo.svg)](https://www.paymentworks.com/) - How it Works - - [Overview](https://www.paymentworks.com/how-it-works) - [Why it Matters](https://www.paymentworks.com/why-it-matters) - - For Payers - See how they do it at: - [University of Kentucky](https://www.paymentworks.com/case-studies/kentucky/) - [Hackensack Meridian](https://www.paymentworks.com/case-studies/hackensack-meridian/) - [Johns Hopkins](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) - For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) - About - - [About Us](https://www.paymentworks.com/about-us/paymentworks/) - [Our Partners](https://www.paymentworks.com/about-us/partners/) - [Work Here](https://www.paymentworks.com/about-us/work-here/) - [Blog](https://blog.paymentworks.com/) - [Press](https://news.paymentworks.com/press) - [Refer A Lead](https://share.hsforms.com/1NZzs6_82R52Z5GNpdHp4tA49idv) - Contact - - - - - Sales - [info@paymentworks.com](mailto:info@paymentworks.com) - - Support - [support@paymentworks.com](mailto:support@paymentworks.com) - - - Press - [press@paymentworks.com](mailto:press@paymentworks.com) - - HQ - [info@paymentworks.com](mailto:info@paymentworks.com) - 51 Sawyer Road Suite 310 Waltham, MA 02453 - [Sign In](https://www.paymentworks.com/accounts/login/) [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) - [Sign In](https://www.paymentworks.com/accounts/login/) - [Payees Join Here](https://www.paymentworks.com/accounts/register-payee/) ![banner-image](https://blog.paymentworks.com/hubfs/PaymentWorks_March2020_Blair/images/paymentworks-hubspot-banner_v2-04.png) ## PaymentWorks Blog ## [Matt Klein Answers The Million Dollar Question About Coverage](https://blog.paymentworks.com/matt-klein-answers-the-million-dollar-question-about-coverage) Posted by [Taylor Nemeth](https://blog.paymentworks.com/author/taylor-nemeth) on Oct 13, 2020, 9:59:00 AM - [Tweet](https://twitter.com/share) [![Matt Klein Headshot](https://blog.paymentworks.com/hubfs/klein%20headshot_2-1.jpeg)](https://blog.paymentworks.com/matt-klein-answers-the-million-dollar-question-about-coverage) *Matt Klein, National Fidelity Product Leader at Willis Towers Watson, joined us for the 3rd installment of our podcast: [PaymentWorks Presents Risky Business](https://podcasts.apple.com/us/podcast/risky-business-the-million-dollar-question-about-coverage/id1580993090?i=1000532172816).  Below is an edited excerpt from that conversation.  You can listen to the [full podcast here. ](https://podcasts.apple.com/us/podcast/risky-business-the-million-dollar-question-about-coverage/id1580993090?i=1000532172816)* *Ed note: if you have even a passing interest in protecting your organization from payments fraud, we highly recommend you give this podcast a listen.  *   [Read More](https://blog.paymentworks.com/matt-klein-answers-the-million-dollar-question-about-coverage) 0 Comments [Click here to read/write comments](https://blog.paymentworks.com/matt-klein-answers-the-million-dollar-question-about-coverage#comments-listing) Topics: [payments fraud](https://blog.paymentworks.com/tag/payments-fraud), [insurance](https://blog.paymentworks.com/tag/insurance), [podcast](https://blog.paymentworks.com/tag/podcast), [risk](https://blog.paymentworks.com/tag/risk) ## [Five Ways Your Vendor Master is Costing You Money- Compliance Edition](https://blog.paymentworks.com/five-ways-your-vendor-master-is-costing-you-money-compliance-edition) Posted by [Angela Sarno](https://blog.paymentworks.com/author/angela-sarno) on Sep 29, 2020, 10:15:00 AM - [Tweet](https://twitter.com/share) [![throwing money away?](https://blog.paymentworks.com/hubfs/linkedin%20wasted%20money.jpg)](https://blog.paymentworks.com/five-ways-your-vendor-master-is-costing-you-money-compliance-edition) Compliance is not anyone’s favorite word. The angst and tension many procurement and AP staff work with on the daily is only exacerbated by the worry of accidentally violating terms of compliance.  There are the considerations of the external world, such as the OFAC and debarment lists that haunt payments professionals ([hello giant federal fine!](https://www.jdsupra.com/legalnews/deutsche-bank-settles-two-ofac-cases-19216/)), but there is also the world of internal compliance- much of it shifting with stunning regularity.  ![linkedin wasted money](https://blog.paymentworks.com/hs-fs/hubfs/linkedin%20wasted%20money.jpg?width=1200&name=linkedin%20wasted%20money.jpg) [Read More](https://blog.paymentworks.com/five-ways-your-vendor-master-is-costing-you-money-compliance-edition) 0 Comments [Click here to read/write comments](https://blog.paymentworks.com/five-ways-your-vendor-master-is-costing-you-money-compliance-edition#comments-listing) Topics: [compliance](https://blog.paymentworks.com/tag/compliance), [AP](https://blog.paymentworks.com/tag/ap), [insurance](https://blog.paymentworks.com/tag/insurance), [vendor master](https://blog.paymentworks.com/tag/vendor-master) ## [Mutually Exclusive? Cyber Insurance Coverage & Payments Fraud](https://blog.paymentworks.com/cyber-coverage-payments-fraud-mutually-exclusive) Posted by [Angela Sarno](https://blog.paymentworks.com/author/angela-sarno) on Aug 11, 2020, 10:02:00 AM - [Tweet](https://twitter.com/share) [![Read the fine print! Image by Mari Helin](https://blog.paymentworks.com/hubfs/ins%20blog.jpg)](https://blog.paymentworks.com/cyber-coverage-payments-fraud-mutually-exclusive) Mapping the landscape of insurance that businesses require to secure their property, assets, and employees is a massive and complex task. Policies are simultaneously hyper-specific and unintelligible; counsel and executives alike can find the paperwork confusing or obtuse. [Read More](https://blog.paymentworks.com/cyber-coverage-payments-fraud-mutually-exclusive) 0 Comments [Click here to read/write comments](https://blog.paymentworks.com/cyber-coverage-payments-fraud-mutually-exclusive#comments-listing) Topics: [compliance](https://blog.paymentworks.com/tag/compliance), [payments fraud](https://blog.paymentworks.com/tag/payments-fraud), [insurance](https://blog.paymentworks.com/tag/insurance) [Previous](https://blog.paymentworks.com/tag/insurance/page/1) [All posts](https://blog.paymentworks.com/all) ![PaymentWorks-Logo-Black_600tall](https://blog.paymentworks.com/hs-fs/hubfs/Branding/Logos/PaymentWorks-Logo-Black_600tall.jpg?width=272&name=PaymentWorks-Logo-Black_600tall.jpg) Digital Supplier Onboarding for Secure, Compliant, and Optimized Business Payments. - **Eradicate** Fraud - **Ensure** Compliance - **Eliminate** Paper ### Sign up to be alerted when we publish interesting things ### Recent Posts ### Posts by Tag - [payments fraud (28)](https://blog.paymentworks.com/tag/payments-fraud) - [risk (25)](https://blog.paymentworks.com/tag/risk) - [vendor master (19)](https://blog.paymentworks.com/tag/vendor-master) - [insurance (13)](https://blog.paymentworks.com/tag/insurance) - [ACH (12)](https://blog.paymentworks.com/tag/ach) - [AP (12)](https://blog.paymentworks.com/tag/ap) - [compliance (12)](https://blog.paymentworks.com/tag/compliance) - [podcast (8)](https://blog.paymentworks.com/tag/podcast) - [procurement (6)](https://blog.paymentworks.com/tag/procurement) - [social engineering fraud (6)](https://blog.paymentworks.com/tag/social-engineering-fraud) - [business payments (5)](https://blog.paymentworks.com/tag/business-payments) - [higher education (5)](https://blog.paymentworks.com/tag/higher-education) - [Cyber Security (3)](https://blog.paymentworks.com/tag/cyber-security) - [banks (2)](https://blog.paymentworks.com/tag/banks) - [identity (2)](https://blog.paymentworks.com/tag/identity) - [supply chain (2)](https://blog.paymentworks.com/tag/supply-chain) - [tips from the frontlines (2)](https://blog.paymentworks.com/tag/tips-from-the-frontlines) - [#paymentsfraud (1)](https://blog.paymentworks.com/tag/paymentsfraud) - [Insider (1)](https://blog.paymentworks.com/tag/insider) - [vendor management (1)](https://blog.paymentworks.com/tag/vendor-management) See all #### How it Works [Overview](https://www.paymentworks.com/how-it-works) [Why it Matters](https://www.paymentworks.com/why-it-matters) #### For Payers - See how they do it at: [*Hackensack Meridian*](https://www.paymentworks.com/case-studies/hackensack-meridian/) [*University of Kentucky*](https://www.paymentworks.com/case-studies/kentucky/) [*Johns Hopkins Enterprises*](https://www.paymentworks.com/case-studies/johns-hopkins/) - [Frequently Asked Questions](https://www.paymentworks.com/faq/payers/) - [Request a Demo](https://www.paymentworks.com/schedule-demo) #### For Payees - [Frequently Asked Questions](https://www.paymentworks.com/faq/payees/) - [Join PaymentWorks](https://www.paymentworks.com/accounts/register-payee/) #### About [About Us](https://www.paymentworks.com/about-us/paymentworks/) [Our Partners](https://www.paymentworks.com/about-us/partners/) [Work Here](https://www.paymentworks.com/about-us/work-here/) [Press](https://news.paymentworks.com/press) #### Contact Us - Sales [info@paymentworks.com](mailto:info@paymentworks.com) - Support [support@paymentworks.com](mailto:support@paymentworks.com) - Press [press@paymentworks.com](mailto:press@paymentworks.com) - HQ [info@paymentworks.com](mailto:info@paymentworks.com) ##### 51 Sawyer Road Suite 310 Waltham, MA 02453 © 2014 - 2021 PaymentWorks, Inc. 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