Simplify premium collections and claim-related payouts.

KoshaPay supports insurance companies, brokers, and digital insurance platforms with premium collection, renewal payments, agent payouts, and claim-related fund movement.

Industry specific features

Built for Insurance operations

KoshaPay gives your team the infrastructure needed to collect payments, manage payouts, track transaction status, and simplify reconciliation.

Premium Collection

Collect policy premiums, renewals, and customer payments online with secure transaction status tracking.

Agent & Broker Payouts

Process commission payouts and partner settlements with clear records and payout visibility.

Audit-Ready Records

Maintain clean transaction trails for payments, refunds, settlement cycles, and operational review.

Insurance payment operations

Industry challenges

Payment operations should not slow your business down.

1

Premium payments are hard to track manually

Renewals, new policies, partial payments, and failed transactions often create manual reconciliation work for finance teams.

2

Claim payouts need better visibility

Operations teams need a clear view of payout status, settlement movement, and customer communication touchpoints.

3

Agent commissions need structured records

Broker and agent payouts require clean transaction trails to avoid disputes and simplify accounting.

Use cases

Built for real daily payment flows.

New policy premium collection

Renewal payment collection

Agent and broker commission payouts

Claim-related customer payouts

Refunds for cancelled or rejected policies

Policy-wise payment reconciliation

Payment workflow

From collection to settlement.

A clear payment journey for your operations, product, and finance teams.

Step 01

Customer pays policy premium or renewal amount

Every step stays connected with KoshaPay payment status, webhook updates, and settlement visibility.

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2

Step 02

KoshaPay processes the payment securely

Every step stays connected with KoshaPay payment status, webhook updates, and settlement visibility.

Step 03

Policy or renewal status updates through webhook

Every step stays connected with KoshaPay payment status, webhook updates, and settlement visibility.

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4

Step 04

Claims, commissions, refunds, and settlements are tracked

Every step stays connected with KoshaPay payment status, webhook updates, and settlement visibility.

Capabilities

What KoshaPay enables for Insurance

Give your team practical tools to manage industry-specific payment operations with confidence.

Policy-wise payment tracking

Track premium payments against policy numbers, renewal flows, and customer payment records.

Claim payout visibility

Give teams better visibility into claim payout movement, payout status, and settlement progress.

Agent commission payouts

Manage agent, broker, and partner payouts with clear payout history and settlement records.

Finance reconciliation

Help finance teams review premium collections, refunds, payouts, and settlement reports from one place.

Ready to simplify insurance payment operations?

Use KoshaPay to collect premiums, track renewals, manage claim payouts, and maintain cleaner finance records.