Insurance Payouts

Insurance Payouts

Streamline insurance claims payouts and reconciliation

Replace paper checks with digital payments that accelerate claims resolution, improve customer satisfaction, and provide complete visibility.

Accelerate claims satisfaction

Waiting weeks for checks damages customer trust during vulnerable moments. Lithic's instant virtual card issuance means claimants access funds immediately after approval, turning claims resolution into a competitive differentiator.

Reduce operational overhead

Paper checks require printing, mailing, tracking, and reconciliation. Lithic's digital disbursements eliminate these costs while providing real-time visibility into payout status and automatic reconciliation.

Maintain compliance with flexibility

Insurance payouts require precise tracking and audit trails. Lithic's enhanced transaction data captures every detail while giving you the flexibility to customize disbursement controls for different claim types.

Platform Capabilities

Launch prepaid card programs in weeks. Issue unlimited virtual cards instantly for insurance claims and payouts. Give claimants immediate access to funds with flexible redemption options. All with 99.99%+ uptime and sub-100ms authorization times.

Instant Virtual & Physical Cards

Issue virtual cards instantly for immediate claims access. Physical cards ship while claimants start spending. Every card tokenizes for Apple Pay, Google Pay, and Samsung Pay.

Flexible Disbursement Controls

Build the payout experience your claimants need with Lithic's Authorization Rules. Set spending restrictions, transaction limits, and expiration policies based on claim type. Test rules in shadow mode before going live.

Real-Time Payout Tracking

Track every transaction with real-time data. Monitor claim disbursements, analyze spending patterns, and reconcile funds automatically with to-the-penny accuracy.

Single-Use & Multi-Use Cards

Issue single-use virtual cards for one-time claims or multi-use cards for ongoing payment needs. Set custom spend limits and expiration dates at the card level for complete control.

Core Features

Instant Digital Issuance

Launch cards in seconds via API or dashboard. Claimants access card credentials immediately—no waiting for checks to clear or physical cards to arrive.

Custom Branding Options

White-label cards with your insurance brand. Customize both physical card design and digital card presentation for a seamless brand experience during the claims process.

Program Segmentation

Run multiple payout programs simultaneously. Segment by claim type, coverage level, or recipient audience with distinct cards and controls for each.

Built for developers, loved by business teams

Modern API-First Architecture

Integrate once and access everything: card creation, transaction monitoring, spend controls, reporting, and reconciliation—all through RESTful APIs with comprehensive documentation.

Self-Service Dashboard

Non-technical team members can manage critical operations without developer support:

Ready to modernize insurance payouts?

Frequently asked questions