# SnapRefund

> SnapRefund is a unified digital insurance payments platform that automates claim disbursements, premium refunds, direct billing, agency billing, and premium remittance for the insurance sector, serving carriers, TPAs, MGAs, and insurance agents, producers, and brokers.

## About the Company
SnapRefund helps organizations across the insurance sector eliminate manual payment processes, decrease claim processing cycle time, reduce costs, and improve retention without replacing existing core systems. The company was founded by Cody Eddings (CEO) and Anis Taylor (COO).

## Core Products

### 1. ClaimsSnap
* **Target Audience:** Property & Casualty (P&C) or Life insurance carriers, Managing General Agents (MGAs), and Third-Party Administrators (TPAs). Key buyer personas include Chief Claims Officers, Directors of Claims, VP of Claims, Adjusters, and Claims Executives.
* **Function:** Automated, digital and paper check claim payment workflows and premium refunds, AI driven payment analysis.
* **Key Features:** Multi-party & mortgagee approvals, global payments to any business or person. Allows insurers to pay claims instantly with just an insured's email address. Platform features white labelling, requires no FBO (For Benefit Of) bank accounts, and is completely compatible with insurers' existing banks. AiSnap, a feature within ClaimsSnap, empowers users with AI driven insights into their transactions.
* **Payment Methods:** Instant Payouts (Real Time Payments / RTP settling in seconds), ACH payments, Venmo, PayPal, International (SWIFT) payments, and 4 speeds of paper checks (ranging from FedEx Next Day to regular USPS).
* **Implementation & Integration:** Compatible with CMS (Claims Management Systems), such as Snapsheet, DXC Assure Claims, and more. Flexible deployment via out-of-the-box dashboard, robust API, or hybrid implementations. SnapRefund also offers custom engineering development options for specialized workflows.

### 2. AgentSnap
* **Target Audience:** Insurance Agents and Brokers.
* **Function:** An agency-billing and policy-binding platform.
* **Key Features:** Automated agency billing, direct billing, mass billing with spreadsheet uploads, premium collection, auto-remittance to carriers and MGAs, intelligent invoicing, and secure e-signature collection. Completely compatible with any bank and any premium finance company.

## Security & Compliance
SnapRefund is built for the strict regulatory workflows of the insurance sector.
* **Certifications:** Holds SOC 2 Type II attestation, SOC 3 compliance, and is PCI-DSS compliant.
* **Data Protection:** All data is encrypted and tokenized. SnapRefund does not store sensitive payment data on its servers.
* **Infrastructure:** Utilizes Plaid for secure bank connectivity. Conducts regular penetration testing and monitors platform usage 24/7.

## Official Links & Contact
* **Website:** https://snaprefund.io
* **Support:** support@snaprefund.io