Modernizing Claims Payouts for Insurance Companies

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Drive efficiencies and innovation with digital claims payouts at your insurance company

Modernize the way your organization issues insurance claims to consumers and businesses around the world with Hyperwallet’s digital claim payment solution. Why issue costly checks when you can let claimants decide how and when they want to collect their disbursement? With Hyperwallet, insurers can easily offer payout optionality, while helping to reduce many of the overhead costs associated with traditional claim check processing.

  • Improve customer satisfaction by delivering a digital payout experience
  • Streamline the internal administration of claims payouts
  • Reduce overhead and issuing costs associated with claims payouts
  • Move away from issuing checks and offer faster payout disbursement methods
  • Streamline agent and vendor payments at the same time

SOLVE CLAIM PAYOUT INEFFICIENCES

Gain a competitive edge by offering payout optionality

Offer Payout
Optionality

Let your claimants choose their preferred payout method. Hyperwallet delivers fast claim payment through direct bank deposits, PayPal, Direct to Debit, and Venmo* as well as traditional claim payments via check.

*(US only, coming 2019)

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Reduce Claims
Overhead

Issuing checks is a long, manual, and paper-intensive process. Hyperwallet can help you reduce the costs associated with issuing claim payments, while also decreasing the frequency of lost or returned claim payments.

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Improve Customer
Satisfaction

With Hyperwallet, claim payments can be issued quickly and easily, thanks to a number of digital payout methods. This helps to reduce customer service inquiries, an important factor in overall customer service.

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Streamline Approval
Processes

Hyperwallet’s administrative console supports a role-based user dashboard with data access restrictions. This makes it easy for insurance organizations to preserve a multi-layer approval process and/or restrict data visibility to users with pre-defined access.

SELECT Payout Solution

Issue claims payouts via email with our Select Solution

Select Payout Solution

With Select, insurance organizations can quickly notify their claimants when their payouts are ready for retrieval. Claimants are notified as soon as their funds become available and can self-select their preferred payout method through a hosted white-label-mobile-friendly web portal.

  • No account registration necessary
  • Available in a range of currencies and payout methods
  • Multilingual claimant support
  • Rapid, turnkey implementation
  • Branded and tailored to your requirements

DIRECT PAYOUT SOLUTION

Embed our insurance payout technology with Direct

Hyperwallet Direct Solution: Direct Payouts Built-In

Hyperwallet’s Direct solution gives insurance providers the ability to integrate claimant payout distribution within their web and mobile applications. Collect payment information using our drop-in UI widget, send payment instructions automatically via API, and get claimants paid fast.

  • Multi-currency payouts delivered in near real-time
  • Tokenized personal and banking information for secure data transmission
  • Fully API-directed payouts
  • Maintain full control of your claimants’ user experience

Get the Guide

Digitize your claim disbursements and improve payout speed with Hyperwallet

Contact Us

Learn how your Insurance business can benefit from our powerful payout technology

Get in Touch

Contact Information

Support

Canada /U.S.: 1-877-546-8220
U.K.: +44 800 041 8728
Australia: +61 290 984 705
Other Countries: +1-604-900-2318

Corporate Sales

Canada/U.S.: 1-877-929-7002
U.K.: +44 800 086 9801
Australia: +61 1800 952 928
Other Countries: +1-604-482-0090

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