Claims & Premium Ops for Insurance Companies.

Premium collection, claims disbursement, agent commission management, IRDAI compliance, reinsurance reconciliation, and policyholder treasury - all from one platform.

<30s
Claims payout
100%
IRDAI compliant
Auto
Commission calc
Real-time
Float management
✗ The Problem

What you're dealing with today

✗Premium collection across 50+ channels - agents, aggregators, UPI, NEFT, mandates - with no unified reconciliation
✗Claims disbursement takes 3-7 days through manual bank portal NEFT processing
✗Agent and broker commission calculations done in spreadsheets with frequent errors
✗IRDAI reporting requires pulling data from 6+ systems and reformatting manually
✗Reinsurance settlement reconciliation with cedant/retrocedant is entirely manual
✗Float income on premium pools not optimized - idle cash sitting in current accounts
✓ SpacePe Solution

How SpacePe fixes it

✓Unified premium collection via UPI auto-pay mandates, payment links, NEFT, and agent-collected cash - auto-reconciled to policy numbers
✓Instant claims payout via IMPS through Yes Bank, IDFC First, RBL with beneficiary verification
✓Rule-based agent commission engine - slab-wise, product-wise, with auto-TDS and payout scheduling
✓Pre-built IRDAI report templates with one-click generation from live transaction data
✓Reinsurance settlement matching with automated bordereaux generation
✓Treasury dashboard with float optimization, FD ladder management, and sweep rules

Purpose-built for Insurance

Not generic finance software. Every feature built around how your industry actually operates.

💳

Premium Collection Engine

Collect premiums via UPI mandates, payment links, NEFT, agent apps. Auto-reconcile every rupee to policy number, product, and channel.

💸

Claims Disbursement

Instant payouts via IMPS/NEFT to claimant bank accounts. Penny-drop verification before first payout. Bulk batch processing for volume claims.

🤝

Agent Commission Engine

Product-wise, slab-wise commission rules. Auto-TDS calculation and deduction. Monthly payout scheduling with reconciliation reports for every agent.

⚖️

IRDAI Compliance Suite

Pre-built templates for Form A, Form B, investment returns, and solvency reporting. Audit trail for every financial transaction - 170+ log types.

🔄

Reinsurance Reconciliation

Match ceded premiums, claims recoveries, and commission settlements. Automated bordereaux generation for treaty and facultative placements.

🏦

Float & Treasury Management

Optimize premium float - auto-sweep into FDs, manage investment portfolios, track NPA provisions, and forecast claim outflow.

Step-by-step workflow

1
Configure premium collection channels per product line
2
Auto-reconcile collections to policies nightly
3
Process claims through approval workflow
4
Disburse via IMPS with beneficiary verification
5
Calculate and schedule agent commissions
6
Generate IRDAI compliance reports
7
Optimize float via treasury dashboard
"

Claims processing went from 5 business days to same-day. Our NPS jumped 22 points in one quarter.

- COO, General Insurance Company

Everything activated for this industry

Collections
Disbursements
Commissions
Compliance
Reconciliation
Treasury
Analytics
KYC
Yes Bank ★
IDFC First Bank ★
RBL Bank ★
SBI
ICICI Bank
Bank of Baroda
PNB
HDFC Bank
Bandhan Bank
AU Small Finance Bank

★ Deep Integration Partners - Direct API connectivity

Get an industry demo for Insurance

We'll show you exactly how SpacePe works for your specific use case.

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