Stripe for Insurance | Insurance Payment Processing Solutions
Stripe for Insurance | Insurance Payment Processing Solutions
Deliver the fast, convenient experiences that customers expect at every stage of the insurance lifecycle – from collecting premiums to moving funds to paying out claims.
Today’s insurance providers must balance customer expectations against profitability goals. Stripe tackles both by helping you modernise payments and financial workflows across your business.
Deliver personalised payment experiences that improve conversion and policy renewals. You can also offer new pricing models such as pay as you go, and embed your offerings on third-party platforms.
Mitigate the inefficiencies and compliance risks inherent in fragmented systems. Stripe streamlines multiparty payments, expedites claims disbursements, and provides real-time visibility into data.
Our modular infrastructure is built to support the insurance industry’s complex needs without re-platforming or disrupting existing operations. Stripe handles 500M+ API requests daily with over 99.999% historical uptime – helping you provide reliable, consistent service.
Key Metrics
- Total payments volume processed on Stripe in 2025, equal to 1.6% of global GDP
- Average payment acceptance improvement with Authorisation Boost
- Average revenue recovered from failed payments with Stripe Billing in 2025
- Average conversion uplift for enterprises that switch to Stripe's Optimized Checkout Suite
Offer better customer experiences, improve operations, and grow more efficiently by modernising your core systems. With developer-friendly, customisable APIs and in-house professional services support, you can get ramped up quickly on Stripe.
Payment Methods
- Card
- Klarna
- Revolut Pay
Authorization
Maximise authorisation rates with AI-powered optimisations and grow revenue with Instant Bank Payments, frictionless checkout and access to 125+ payment methods.
Gross Volume
- RM12,382.22
- RM10,205.13 previous period
Top Grossing Accounts
- Prodigy Group : RM2,608.00
- Next Level Chicago : RM1,902.00
- Togethere : RM1,801.00
- CnM Sweets - Wicker Park : RM1,220.00
Updated today 07:50
Connect
Programmatically split payments across multiple parties and embed insurance payments into third-party ecosystems with simplified, compliant fund flows.
Invoicing
Prevent lapsed policies with automated renewals, invoicing, and AI-powered retry logic trained on millions of daily recurring transactions.
Payouts
Reduce costs associated with paper checks, and prevent fraud losses with instant and one-time password verifications for extra security.
Integrations
Stripe integrates with the leading policy administration systems you already use – reducing implementation time and costs.
Case Study
Guidewire helps the world's leading property and casualty insurers engage policyholders, accelerate innovation and operate efficiently. By integrating Stripe into Guidewire BillingCenter and ClaimCenter and leveraging PwC's implementation expertise, insurers can optimise premium collection and payouts, boost payment success with smarter authentication and real-time fraud prevention and deliver a faster, more customer‑friendly digital experience.
Recognition
The Forrester Wave™: Merchant Payment Providers, Q1 2026: A Leader
Gartner® Magic Quadrant™ for Recurring Billing Applications 2024: A Leader
The Forrester Wave™: Recurring Billing Solutions, Q1 2025
IDC MarketScape: Worldwide SaaS and Cloud-Enabled SaaS Sales and Use Tax Automation Software for Small and Midmarket 2024 Leader
Learn how easy-to-implement, customisable financial infrastructure can help your organisation grow while working with your existing systems.
Get in touch to see Stripe’s insurance capabilities in action, plus tailored solutions and pricing for your business.