Snapsheet and iink Payments Partner to Simplify Multi-Party Property Claims Payments

CHICAGO, IL April 24, 2025 – Snapsheet, a leader in modern claims management technology, has announced a partnership with iink Payments, a digital payments network that modernizes the release of complex, multi-party property claims payments. This collaboration streamlines the disbursement of funds following property losses, delivering a faster and more transparent payment experience for carriers, adjusters, contractors, and policyholders. 

By integrating iink’s advanced payment capabilities directly into Snapsheet’s all-in-one claims management platform, insurers can eliminate manual processes and friction associated with multi-party payments, reducing delays and improving communication across all stakeholders.

Transforming Property Claims Payments

Through this partnership, we’re providing insurers with a seamless, automated solution that simplifies the handling of mortgage-involved claim payments, from the initial release of funds to final disbursement.

Key benefits of the Snapsheet and iink Payments partnership include:

• Time Savings – Automates communications with mortgage companies and streamlines the creation of loss draft documents required to release funds.
• Increased Transparency – Provides real-time payment status visibility to all stakeholders, including carriers, mortgage companies, and homeowners.
• Improved Efficiency – Digitally automates complex workflows, reducing processing times and minimizing errors.

"iink Payments has identified an area of the claims process that a comprehensive tech based solution has underrepresented,” said David Beck, Snapsheet’s Business Operations Manager. "iink’s approach to addressing multi-party payments is truly mindful of all involved parties and keeps everyone tightly connected throughout the duration of the process. iink’s solution encourages ease, speed, and transparency ensuring homeowners and restoration professionals receive the appropriate funds in a timely manner and ultimately have an ideal experience."

A New Standard for Property Claims Disbursements

By connecting Snapsheet’s claims platform with iink’s digital payments network, insurers can now facilitate smoother claims resolutions with less administrative burden. The result is an optimized process that accelerates payments and enhances satisfaction for everyone involved.

"We named ourselves iink almost ironically in that our vision has always been to eliminate all of the paper and ink involved with P&C claim payments, in particular the lienholder approvals. The partnership with Snapsheet is the first step in building an end to end digital eco-system connecting carriers with a network of lienholders. The partnership has the potential  to speed up payments by up to 60x and  save carriers millions of dollars each year in direct costs." Thomas McGrath, Chief Product Officer, iink Payments

About iink Payments

iink Payments is a digital payments network dedicated to helping carriers, homeowners, and restoration professionals get claim funds released quickly and correctly following an insured property loss. Founded in 2017, iink supports U.S.-based carriers by modernizing complex, multi-party payments, including those involving mortgage companies. With a focus on transparency and efficiency, iink’s innovative solutions improve communication and simplify payment workflows for all parties involved. Learn more at www.iink.com.

About Snapsheet

Snapsheet is a leader in modern claims management technology. Built on a foundation of innovation and efficiency, Snapsheet delivers a seamless digital insurance claims process for auto, property, and commercial lines across the globe. Collaborating with over 160 customers, including many of the largest insurance carriers, TPAs, MGAs, and insurtechs, Snapsheet streamlines claims, appraisals, and payment processes through advanced technology. Learn more at www.snapsheetclaims.com.

For media inquiries, please contact:

Tom Sorce, Head of Marketing 

[email protected]

iink PR Contact  

[email protected]