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InsurOps seeks payment gateways for insurance premiums and payouts

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Terms

Payment methods

Recurring payments

Geography

IndiaKenya

Details

Requirements

  • Premium collection, including recurring
  • Commission payouts and claim settlement
  • Split settlement and multi-currency APIs
  • Coverage of India, Africa or the Middle East

The InsurOps platform for insurance brokers needs payment gateways for premium collection, commission payouts and claim settlement. Redian Software Pvt. Ltd. invites gateway partners, and only the operational gateway track is in scope. The invitation date is unknown.

What is needed - insurance premium collection, including recurring premiums; - commission disbursements; - claim settlements; - split settlements; - multi-currency embedded payment APIs.

Geography The target regions are Africa, India and the Middle East. The company itself lists Kenya, India, the UAE and the UK as its current markets.

Points to note The programme claims more than 1,000 brokers on the platform, but this is unverified and not guaranteed payment volume. No specific missing bank method, budget or implementation deadline is named. Several unrelated businesses use a similar InsurOps name, so make sure you are dealing with the Redian one.

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