FOR IMMEDIATE RELEASE
April 17, 2024 – In a landmark move set to transform the insurance industry, SnapRefund and
Benekiva are excited to officially unveil their partnership, heralding a new era in the seamless
processing and management of insurance claims. This collaboration marries SnapRefund’s
leading-edge digital payment solutions with Benekiva’s pioneering claim management software,
creating an unparalleled ecosystem for insurance carriers and claimants alike.
SnapRefund, known for its innovative approach to simplifying the insurance payout process
through its ClaimsSnap technology, has joined forces with Benekiva, a powerful company in the
claims management solution sphere. This partnership is poised to address the entire spectrum of
the insurance claim process, from initiation through to final payout, establishing a benchmark in
digital efficiency and customer satisfaction.
Bobbie Shrivastav, Co-Founder and Chief Operating Officer at Benekiva, expressed enthusiasm
about the collaboration: “We’re proud to announce our collaboration with SnapRefund and their
innovative ClaimsSnap product, aligning our shared commitment to revolutionizing the digital
landscape of insurance claims. Benekiva’s platform digitizes every step of the claims process,
from intake to payout, empowering carriers to offer seamless digital payment solutions to
claimants. With our integration, we’re bridging the gap between traditional insurance practices
and modern customer expectations, ushering in a new era of efficiency and convenience in claim
processing.”
Echoing the sentiment, Cody Eddings, CEO of SnapRefund, outlined the transformative potential
of this partnership: “We are thrilled to announce our groundbreaking partnership with Benekiva.
SnapRefund’s value in the insurance space has long been to digitize the claims payment process
for insurers thanks to the innovation of our flagship product: ClaimsSnap. Our teams have
worked closely to create a seamless integration between the Benekiva and ClaimsSnap platforms
from the ground up, making it very easy for our mutual clients to leverage the strengths of
Benekiva’s claims management system in tandem with the ClaimsSnap payment platform.
Together, our partnership allows carriers to meet claimants wherever they are, all while gaining
useful insights and employing vastly streamlined workflows. The future is certainly bright.”
About Benekiva:
Benekiva’s SaaS technologies seamlessly connect to any legacy, out-of-the-box, or custom-built
policy management system to provide a collaborative and automated single claims platform.
From intake to payout, and everything in between, Benekiva can become the claims solution for
your entire product portfolio including life, annuity, long-term care, and disability products.
Benekiva works closely with stakeholders to create a scalable plan using our crawl, walk, run
implementation methodology so carriers can begin realizing the value of their investment within
weeks, not months or years.
About SnapRefund:
SnapRefund is at the forefront of digital payment solutions in the insurance sector, offering the
ClaimsSnap platform that allows insurers to send claim payments with unparalleled ease,
employing automation and analytics to elevate operational efficiency and enhance policyholder
retention. SnapRefund is committed to financially empowering individuals & businesses and
providing them with more control over their finances.