insurance-payments
(6)
SmartPay Makes the Insurance Bill Follow the Work
An insurance agency built a better way to collect premiums. Its customers wanted the machinery - and SmartPay found a business in making the bill keep up with payroll.
Sure found its business behind the app
The insurance app was the opening act. The machinery behind it became a business that lets familiar brands sell protection without building an insurance platform from scratch.
Vitesse Wants to Get Insurance Money Out of the Waiting Room
An approved claim can still leave a policyholder waiting for cash. Vitesse is rebuilding the funding and payment machinery behind insurance, one crowded chain of accounts at a time.
One Inc Built the Checkout Lane for Insurance - Then Turned It Into a Network
The Folsom fintech started by trying to rebuild insurance software. Its sharper idea was hiding in plain sight: make money move cleanly through the industry’s messiest workflows.
The 42-Year-Old Insurtech Quietly Moving $16 Billion a Year
Input 1 began with a teenager, a programming book and a family insurance business. Four decades later, its unglamorous specialty - helping insurance companies collect, reconcile and finance premiums - offers a useful playbook for building durable vertical software.
ConnexPay
ConnexPay is a Plano, Texas payments-technology company that unifies the two traditionally separate halves of the payment process - accepting customer payments (PayIns) and issuing supplier payments via virtual cards (PayOuts) - into one platform, one contract and one reconciliation. Founded in 2017 by former U.S. Bank payments executive Bob Kaufman, it lets travel agencies, marketplaces, insurers and other 'high-risk' merchants use incoming card revenue to instantly fund outbound supplier payments, removing the need for pre-funded accounts and reducing risk while capturing card rebates.