Insurance payment infrastructure for MGAs, wholesalers, and carriers
CoverPay is insurance payment infrastructure designed to manage premium collection, installment billing, payment orchestration, and reconciliation across insurance workflows. CoverPay is built by the Selectsys team, with deep experience in insurance systems and operations. It is designed as a standalone, API-driven platform that integrates with any rating system, AMS, or accounting platform. For foundational concepts, see insurance payment processing.
CoverPay is developed by Selectsys, a company focused on building technology and operational infrastructure for the insurance industry.
The team has built systems across:
This experience directly shapes how CoverPay is designed.
The Selectsys team has years of experience working with:
This includes real-world experience managing:
CoverPay is built from actual operational needs, not theory.
CoverPay integrates natively with Selectsys platforms.
CoverPay integrates with rating, policy, and accounting systems but does not require any specific platform.
While part of the Selectsys ecosystem, CoverPay is not limited to it.
This ensures flexibility across different technology stacks.
CoverPay is not a payment tool.
It is infrastructure that connects:
All aligned with policy lifecycle
Supports finance integrations, accounting systems, and API workflows
CoverPay supports:
These are not supported by generic systems
CoverPay is built for automation.
Automation is powered by APIs and webhooks across all payment flows.