ePayPolicy
Digital payment processing and AR/AP automation built exclusively for the insurance industry.
Overview
ePayPolicy is a purpose-built digital payment platform for the insurance industry, founded in 2014 by Todd Sorrel and Milan Malkani in Austin, Texas. The company provides ACH and credit card payment processing alongside accounts receivable and accounts payable automation tools tailored specifically to the workflows of insurance agencies, brokers, MGAs, wholesalers, premium finance companies, and carriers.
The platform serves over 10,000 insurance organizations across the United States, making it one of the most widely adopted payment solutions in the independent insurance channel. ePayPolicy integrates directly with major agency management systems (AMS) such as AMS360, Applied Epic, Nexsure, NowCerts, and Duck Creek, reducing manual reconciliation work and accelerating cash flow.
In August 2025, the company completed a Series A funding round led by LLR Partners, following an earlier growth investment from Serent Capital in 2019. ePayPolicy has received Gartner Digital Markets recognition across ten badge categories and has been named a top employer in Austin for five consecutive years.
Products & Services
Payment Page and Dashboard
A branded, hosted payment portal allowing policyholders and commercial clients to pay via ACH or credit card. Agencies embed the payment link in invoices and emails, and funds settle directly to the agency account.
Key Features
- ACH and credit card acceptance
- Branded payment pages
- Real-time payment tracking and reporting
Target Users: Independent insurance agencies and brokers
Finance Connect
Premium finance integration that connects ePayPolicy's payment workflow with premium finance companies, enabling agencies to offer installment financing options at checkout without manual data re-entry.
Key Features
- Direct integration with NIC Premium Finance and other providers
- Automated premium finance agreement generation
- Streamlined agency workflow
Target Users: Agencies offering premium finance options to commercial clients
CheckMate
A digital check conversion tool that captures paper checks at the point of receipt and converts them to ACH transactions, eliminating physical check handling and speeding deposit times.
Key Features
- Remote check capture
- ACH conversion
- Reduced manual deposit processing
Target Users: Agencies and MGAs still receiving paper checks
Network Payables
Accounts payable automation for insurance organizations, enabling electronic vendor payments and eliminating paper checks on the outbound side. Supports payables to carriers, wholesalers, and service vendors.
Key Features
- Vendor payment automation
- Check replacement with ACH/virtual card
- Audit trail and reconciliation reporting
Target Users: Agencies, MGAs, and wholesalers managing high volumes of vendor disbursements
Payables Connect
Invoice scanning and reconciliation tool that uses optical character recognition to ingest incoming invoices and match them against payables records, reducing manual data entry.
Key Features
- Invoice OCR and ingestion
- Automated matching and reconciliation
- Exception workflow for unmatched items
Target Users: Finance teams at larger agencies and MGAs
Quotes and Invoices
Online quoting and invoicing tools that allow agencies to generate and send quotes and invoices electronically, with payment links embedded for immediate client action.
Key Features
- Digital quote and invoice generation
- Embedded payment links
- Client-facing portal
Target Users: Agents and customer service representatives
API and Custom Integrations
A RESTful API that allows AMS vendors and insurtech platforms to embed ePayPolicy payment capabilities directly into their products, enabling white-label or co-branded payment acceptance.
Key Features
- RESTful API with documentation
- AMS connectivity (AMS360, Applied Epic, Nexsure, NowCerts, Duck Creek, Vertafore)
- Custom integration support
Target Users: AMS vendors, insurtech platforms, technology partners
At a Glance
- Founded
- 2014
- Headquarters
- Austin, Texas, USA
- Employees
- 101-250
- Funding
- Series A
Category & Focus
- Category
- Insurtech Infrastructure
- Subcategories
- Payment Processing AR/AP Automation Premium Finance Integration
- Insurance Verticals
- P&C Personal P&C Commercial Specialty/E&S
- Target Customers
- Agents/Agencies, Brokers, MGAs/MGUs, Carriers
Customers
- Vertafore
- NIC Premium Finance
- Finys
- AAIS (American Association of Insurance Services)
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Last updated: 2026-04-10