Automated Premium Collection
Zero Fees on Eligible Wallet Payments*
Instant Agent Commissions
SOC 2 Type II Certified
SOC 1 Certification
Reduced risk of financial misstatements
SOC 2 Certification
Data integrity assurance
GDPR Compliance
Enhanced user privacy rights
PCI DSS Compliance
Protection against data breaches
ISO 27001 Certification
Risk-based approach to security
ISO 20000 Certification
Efficient service delivery processes
ISO 9001 Certification
Customer-centric operations
CCPA Compliance
User control over personal data
NIST 800-53 Compliance
Federal-level data protection
HIPAA Compliance
Privacy protection for patient dataPayment infrastructure built for insurance realities.
Fast commission pay-outs, automated premium collection, efficient claims processing. Everything insurance operations actually need.
Automated Premium Collection
Send secure payment links to policyholders via email or text. Accept ACH, credit card, or eCheck—customers choose their preferred method. Automated recurring billing for monthly premiums. Payment reminders reduce late payments. Complete tracking and reconciliation for accounting.
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Instant Agent & Broker Commission Processing
Process individual commissions or bulk pay-outs to hundreds of agents simultaneously. Upload commission files—validated, processed, paid in minutes. Zero transaction fees on eligible wallet payments.* Same-day ACH available. Keep your agent network happy and productive.
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Efficient Claims Disbursement
Process policyholder claims payments quickly and securely. ACH transfers for direct deposit, check printing for claimants who prefer paper. Bulk claims processing capability. Complete audit trails for every payment. Faster claims = higher customer satisfaction.
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Every payment type insurance companies need.
Premium Collection
Send payment links to policyholders for one-time or recurring premium payments. Accept ACH, credit cards, debit cards. Automated reminders for upcoming premiums. Zero fees on eligible ACH collections to wallet.*
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Agent & Broker Commissions
Individual or bulk commission payments via ACH or wire. Upload commission files with hundreds of agents—process everything simultaneously. Zero fees on eligible wallet payments.* Keep your distribution network thriving.
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Claims Disbursement
Pay policyholders via ACH direct deposit or printed checks. Fast, secure, tracked. Bulk claims processing for catastrophic events. Complete documentation for every payment.
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MGA & Carrier Remittances
Process premium remittances to carriers. Wire transfers for large amounts. ACH for regular monthly settlements. Complete tracking and reconciliation for financial reporting.
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Vendor & Operational Payments
Pay adjusters, inspectors, legal counsel, technology vendors. Automate recurring expenses like software subscriptions, office rent, utilities. Credit card option extends cash flow.
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Policy Refunds
Process policyholder refunds for cancellations or overpayments. Individual or bulk refund processing. Fast turnaround improves customer experience and reduces complaints.
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Three steps to efficient insurance payment operations.
Connect Your Systems
Link your business bank account and credit card. Integrate with your agency management system or policy administration platform. API available for seamless data flow.
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Set Up Payment Automation
Configure automated premium collection for policyholders. Upload agent commission structures. Set up recurring vendor payments. Establish approval workflows for large claims.
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Process & Track Everything
Send premium payment links—customers pay instantly. Upload commission files—agents paid in minutes. Process claims securely with complete audit trails. Track every transaction in real-time.
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Features designed for insurance operations.
Agency Management System Integration
Integrate with Applied Epic, Vertafore AMS360, Hawksoft, EZLynx, or any major AMS. Premium payments automatically recorded. Commission calculations sync seamlessly. Eliminate double-entry work.
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Recurring Premium Billing
Set up automated monthly, quarterly, or annual premium billing. Payment reminders sent automatically before due dates. Failed payment notifications for immediate follow-up. Reduce policy lapses from missed payments.
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Commission File Upload
Upload CSV files with agent production data and commission structures. Automatic validation catches errors. Process bulk payments to 100+ agents simultaneously. Zero fees on eligible wallet payments.*
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Multi-Level Approval Workflows
Configure approval chains for claims over certain dollar thresholds. Claims examiner reviews → Manager approves → Finance processes. Complete audit trail for every approval.
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Policyholder Payment Portal
White-label payment portal for your policyholders. Branded with your agency logo and colors. Customers save payment methods for easy future payments. Payment history accessible 24/7.
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1099 Management
Automatic tracking for all agent and broker commissions. Generate 1099-MISC forms at year-end with one click. IRS-ready documentation. Simplify tax reporting compliance.
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Smart strategies for unpredictable cash flow.
Property & Casualty Insurance
Operation Profile: Monthly premium collection, agent commission splits, claims processing, catastrophic event bulk disbursements
Zil Money Solution:
- Automated monthly premium billing with reminders
- Commission processing for agents and brokers
- Bulk claims payment capability for storm/disaster events
- Complete audit trails for regulatory compliance
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Life & Health Insurance
Operation Profile: Recurring premium collection, trail commissions, policy loans, death benefit claims
Zil Money Solution:
- Scheduled recurring premium collection
- Automated trail commission calculations
- Secure beneficiary claims disbursement
- Integration with policy administration systems
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Independent Insurance Agencies
Operation Profile: Multi-carrier premium collection and remittance, commission tracking, small staff operations
Zil Money Solution:
- Collect premiums from customers via payment links
- Remit to carriers via ACH or wire
- Track commissions from multiple carriers
- Simple interface for small teams
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Managing General Agents (MGAs)
Operation Profile: Large agent networks, complex commission structures, carrier premium remittances
Zil Money Solution:
- Bulk commission processing for extensive agent networks
- Carrier premium remittances with complete documentation
- Multi-level commission splits automated
- Enterprise API for custom integration
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Insurance Brokers
Operation Profile: Commercial client premium collection, carrier premium payment, commission receipt from multiple carriers
Zil Money Solution:
- Commercial client premium collection via ACH
- Track and reconcile carrier commission payments
- Automate carrier premium remittances
- Professional branded payment experience
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Smart premium collection for modern insurance operations.
The Payment Link Strategy
What It Does: Send secure payment links via email or text to policyholders. Customers click, pay with preferred method, done.
Why It Matters: Eliminates phone tag. No manual entry. Works 24/7. Customers pay on their schedule from any device.
Real Impact: 85% reduction in premium collection time + improved customer satisfaction
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The Recurring Billing Strategy
What It Does: Set up automated recurring payments for monthly or quarterly premiums. Automatic payment processing on schedule.
Why It Matters: Reduces policy lapses from forgotten payments. Predictable cash flow. Less administrative work chasing payments.
Real Savings: 40% reduction in policy lapses + 12 hours monthly saved per staff member
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The Wallet Collection Strategy
What It Does: Accept premium payments to Zil Money Wallet via ACH. Zero transaction fees on eligible collections.* Use wallet balance to pay commissions and vendors.
Why It Matters: Premium collections that traditionally cost $3-5 per ACH now cost $0.* Those savings go directly to your bottom line or can be invested in growth.
Real Value: $50,000 annual premium volume × 100 policies = $15,000-25,000 saved in collection fees annually*
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Pay agents faster, retain them longer.
Bulk Commission Processing
Upload monthly production reports. System calculates commissions based on your structure. Validate and approve. All agents paid simultaneously with zero transaction fees on eligible wallet payments.*
Typical Volume: 200 agents paid in 10 minutes instead of 6 hours of manual processing
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Same-Day Commission Capability
Close a large commercial account? Pay the agent same-day commission as a retention tool. Same-day ACH available for submissions before cutoff times.
Agent Retention Impact: Top producers stay longer when commissions are processed quickly and reliably
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Multi-Level Commission Splits
Automatically split commissions between writing agent, agency owner, and MGA. Configure once, runs forever. No manual calculations.
Accuracy: Eliminates commission calculation errors that damage agent relationships
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Faster claims payment builds loyalty.
Individual Claims Disbursement
Process policyholder claims via ACH direct deposit. Complete documentation for every payment. Faster claims resolution = higher customer satisfaction and retention.
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Catastrophic Event Bulk Processing
Hurricane, wildfire, or major storm? Process hundreds of claims simultaneously. Upload claims file, validate, approve, all policyholders paid. Complete audit trail for regulatory reporting.
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Check Printing for Claimants
Some policyholders prefer paper checks. Print checks on demand with positive pay protection. Mail for $1.25 per check via USPS or FedEx.
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Works seamlessly with your insurance software.
Agency Management Systems
Compatible Platforms:
Applied Epic
EZLynx
Vertafore AMS360
QQCatalyst
AgencyBloc
Hawksoft
Nexsure
Integration Benefits:
Premium payments automatically posted to policies
Commission data synced for accurate processing
Eliminate duplicate data entry
Real-time payment status updates
Policy Administration Systems
Direct integration with carrier policy admin platforms. Premium collections update policy status automatically. Claims payments tracked in policy history.
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Accounting Software
QuickBooks, Xero, Sage integration. All transactions categorized automatically. Export reports for reconciliation. Clean books for tax preparation and financial planning.
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Banking Connections
Connect accounts from 22,000+ financial institutions. Multi-bank support for trust accounts and operating accounts. Real-time balance monitoring.
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Use Cases by Operation Size
Independent Agents (1-10 Staff)
Payment Needs: Simple premium collection, commission tracking from multiple carriers, basic claims payment
Zil Money Solution:
- Easy premium payment links for customers
- Track incoming commissions from carriers
- Simple claims disbursement process
- Minimal training required
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Small-Medium Agencies (10-50 Staff)
Payment Needs: Higher volume premium processing, agent commission calculations, regular vendor payments
Zil Money Solution:
- Automated recurring premium billing
- Bulk commission processing capability
- Vendor payment automation
- Integration with AMS
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Large Agencies & MGAs (50+ Staff)
Payment Needs: Complex commission structures, extensive agent networks, high-volume claims, carrier remittances
Zil Money Solution:
- Enterprise API integration
- Multi-level commission automation
- Bulk claims processing
- Dedicated account management
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Insurance Carriers
Payment Needs: Mass premium collection, nationwide agent commission processing, large-scale claims disbursement
Zil Money Solution:
- White-label premium collection portal
- Massive-scale commission processing
- Catastrophic event claims capability
- Custom integration with core systems
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Common questions about insurance payment processing.
Everything insurance professionals need to know about Zil Money.
Send a secure payment link via email or text to the policyholder. They click the link, enter payment details (ACH or card), and complete payment. Funds deposited to your account. No login required for customers. Works on any device, anytime.
Yes. We integrate with Applied Epic, Vertafore AMS360, Hawksoft, EZLynx, and other major platforms. Premium payments automatically post to policies. Commission data syncs seamlessly. API integration available for custom systems.
Upload a CSV file with agent names, production amounts, and commission rates. System validates data and calculates commissions. You review and approve. All agents paid simultaneously via ACH. Zero transaction fees on eligible wallet payments.*
Zil Money supports proper segregation between operating and trust accounts. Maintain compliance with state insurance regulations for premium fund handling. Complete audit trails for regulatory examinations.
Absolutely. Upload claims file with hundreds of policyholders. System validates data, you approve, all payments process simultaneously. Critical for major storm or disaster response. Complete documentation for regulatory reporting.
Policyholders pay premiums via ACH to your Zil Money Wallet. Eligible ACH collections to wallet have zero transaction fees.* Use wallet balance to pay commissions and vendors. Pre-fund operations to eliminate per-transaction costs.
All agent and broker commission payments automatically tracked. Generate 1099-MISC forms at year-end with one click. IRS-ready documentation. Simplifies tax compliance for your agency and agents.
Yes. Configure commission splits between writing agent, agency principal, and MGA. System automatically calculates and distributes payments to all levels. Set up once, runs forever automatically.
Transparent pricing for insurance operations.
Core Platform
Free
to start
Eligible Wallet Payments:*
$0
transaction fees
Premium Collections to Wallet:
$0
ACH fees
Same-Day ACH:
Standard processing
fees apply
Credit Card Processing:
Competitive
industry rates
Wire Transfers:
Standard fees
apply
Check Mailing:
$1.25
per check via USPS
Real-World Impact:
Small Agency Example:
- 500 policies × $200 monthly premium = $100K monthly collections
- Traditional banking: $3 per ACH × 500 = $1,500/month in fees
- Zil Money Wallet: $0 in fees*
- Annual Savings: $18,000
MGA Network Example:
- 200 agents × $4 ACH commission payment = $800/month in fees
- Zil Money Wallet: $0 in fees*
- Annual Savings: $9,600
*Zero transaction fees on eligible ACH payments made through Zil Money Wallet only. Credit card processing, same-day ACH, wire transfers, and check mailing have associated fees. Complete pricing at zilmoney.com/pricing.
1M+ Business Accounts
$100B+ Transaction Value
SOC 2 Type II Certified
FDIC Partner Banks
*Zero transaction fees on eligible ACH payments made through Zil Money Wallet only. Credit card processing fees, same-day ACH fees, wire transfer fees, and check mailing fees apply where applicable. Terms and conditions apply. Visit zilmoney.com/terms for complete details.
Zil Money is a financial technology company, not a bank. Banking services provided through partnerships with FDIC member banks. Insurance agencies are responsible for maintaining compliance with state insurance regulations regarding premium trust accounts and fund handling. All payment processing subject to standard ACH processing times and banking institution schedules.