iink

iink, which markets itself as iink Payments, operates a digital platform for handling multi-party insurance claim checks arising from property losses. Users photograph and upload paper claim checks from a computer or mobile device, all stakeholders endorse the check electronically rather than signing in person, and the platform tracks each check's status in real time with notifications and in-app two-way messaging between parties. Once proceeds are ready for release, iink routes each stakeholder's portion to their bank account via ACH or, where available, RTP, removing the need for in-person bank trips or contractor-maintained escrow accounts.

A higher-tier offering, iink Pro, adds dedicated processing staff who manage documents flowing to and from the mortgage company on loss-draft claims, the step users describe as the most time-consuming part of collecting claim proceeds. For mortgage servicers, iink positions the same infrastructure as a fully digital loss-draft workflow intended to replace manual processing. The company states it is SOC 2 compliant, holds funds with an FDIC-insured bank, and provides DIF coverage extending protection beyond the standard $250,000 deposit insurance limit.

Business model

iink provides a software and payment-processing service that sits between insurers' claim checks and the multiple parties entitled to the proceeds, combining self-service check capture and electronic endorsement with an assisted tier (iink Pro) in which iink staff handle mortgage-company documentation. Disbursement is executed through iink's banking relationships via ACH and RTP.

Traction

The website reports more than $2.5 billion in insurance claim checks processed, over 120,000 checks processed, more than 30,000 unique stakeholders served, and more than 2,000 iink Verified contractors, public adjusters and property attorneys. Named customer references include Damage Review Corporation, PALCO Claims, JT Adjusting Services, Top Tier Public Adjusters, Core by KHI Restoration, Restopro770 and Preferred Claim Solutions.