Insurance claim payouts

Real-time claim disbursement to policyholders.

Use cases

Rails

Global

Settlement

Real-time

Compliance

Enterprise KYB

Book Insurance claim payouts review Explore Global Payouts

Claim payouts drive customer satisfaction — the faster the disbursement, the higher the retention. KeyBS Pay routes claim payouts on the fastest eligible rail (real-time where the beneficiary bank participates) with signed webhooks for policyholder notification.

Common insurance claim payouts flows we serve include Health insurance claim settlement direct to bank, Auto insurance total-loss disbursement, Travel insurance reimbursement in local currency and Micro-insurance micro-claims via mobile money. Every payout is subject to KYB, KYC and AML review; pricing is quote-based and disclosed in full before approval.

KeyBS Pay is corridor-first: rail selection follows the destination country's fastest eligible domestic rail (FedNow, RTP, SEPA Instant), with wire settlement reserved for higher-value or non-eligible beneficiary banks.

Corridor data

Corridor mechanics at a glance

Every KeyBS Pay payout follows the same operational contract; only the rail changes.

Best for

Real-time claim disbursement to policyholders.

Primary rails

FedNow, RTP, SEPA Instant, Faster Payments, PIX, UPI, NIBSS, GhIPSS, PesaLink, M-Pesa

Corridor focus

Domestic + cross-border claims for multi-country insurers

Settlement

Real-time on eligible local rails · Same day on batch · T+0 to T+2 on wire

Compliance

KYB · KYC · Sanctions screening · AML review at file, batch and record level

Reconciliation

Per-corridor · per-rail · per-beneficiary · per-invoice keys supported

Payment flow

How a payout moves through KeyBS Pay

Every payout follows the same seven-step operational contract — click any step to expand.

Compliance screening

Every payout is screened against OFAC, UN, EU and UK HMT lists plus PEP databases and adverse-media feeds. Enhanced due diligence triggers on higher-value transactions, unusual patterns or elevated-risk destinations.