Every European insurance policy administration software tool reviewed
Tallinn, Estonia
Tailored quote: monthly base fee plus modules, unlimited users, fixed-fee or pay-as-you-go implementation
Demo on request
Best for: MGAs and small to mid-size insurers and brokers that want a modular system live quickly
Insly is a modular insurance platform from Tallinn that sells a product builder, distribution, accounting and reporting, claims management with a claims portal, and an AI copilot with an agent builder as separate pieces. A customer picks the first module and connects the rest of the estate through open APIs. Against a monolithic core, that order of work means a first product can be configured before claims or accounting are touched.
The contracting entities are Insly OÜ (registry code 12514106) and Insly Ltd in the UK (09139615), with offices in London, Tallinn and Warsaw. Users are unlimited in both plans, and implementation is either a fixed fee or pay-as-you-go. No prices are published, the pages do not name hosting regions, and the terms seen are a software licence under English law. It targets MGAs, brokers and smaller insurers, not large multi-line cores.
What Insly does well
- Modular, start with one area
- Unlimited users in both plans
- Entities in Estonia and the UK
- Claims portal and accounting included as modules
- Open APIs for integration
Where Insly falls short
- No published prices
- Hosting regions not stated on pages reviewed
- Not aimed at large multi-line cores
- AI features lack model and hosting detail
Standout feature. Insly lets a buyer take the product builder alone and add claims or accounting later, with unlimited users in every plan.
London, United Kingdom
Pricing on request
Demo on request
Best for: Carriers and MGAs launching and changing products without code
INSTANDA describes itself as an API-first, cloud-native, no-code platform where business users build and change insurance products. Its policy administration module tracks quotes, policies, renewals and cancellations, and the platform lists more than 30 payment gateways and an AI chat on quote and policy data. It sells to both carriers and MGAs.
The operator is F2X Group Limited, registered in England and Wales (05236974) with headquarters at 70 Gracechurch Street, London. That is a UK entity covered by an adequacy decision, outside the EEA. Claims handling and general-ledger accounting are not shown as core modules on the pages we reviewed, and pricing and hosting regions are not published, so some insurers pair it with other systems.
What INSTANDA does well
- No-code product configuration
- API-first architecture
- Audit trails and permissioning
- 30+ payment gateways out of the box
- Serves both carriers and MGAs
Where INSTANDA falls short
- Pricing on request
- Hosting regions not stated
- Claims and accounting depth not shown on reviewed pages
- Smaller footprint than the large cores
Standout feature. INSTANDA is the platform on the list built around no-code product creation, with audit trails and permissioning, rather than around a fixed core.
Ljubljana, Slovenia
Pricing on request
Demo on request
Best for: Life and P&C insurers replacing a legacy core in phases
Adacta AdInsure is a core platform that the vendor positions for life and non-life business together. The site lists separate offers for P&C insurers, life insurers, commercial insurers, brokers, claims, billing and policy administration, including subledger accounting, a commercial underwriting workbench and AdInsure Studio for configuration.
Adacta d.o.o. in Ljubljana is named as data controller in the privacy notice, and deployment is cloud-agnostic, hybrid or multi-cloud. Pricing is on request and delivery is a project, so a buyer should expect a phased plan from the vendor. The analyst mentions are the vendor's own, and we could not confirm named reference customers from the pages we opened.
What Adacta AdInsure does well
- Covers policy, claims and billing
- Life and non-life on one platform
- Cloud-agnostic with hybrid option
- Slovenian entity, EU jurisdiction
- Studio tool for configuration
Where Adacta AdInsure falls short
- Pricing on request
- Project-based implementation
- Analyst claims are the vendor's own
- Heavier than MGA-focused tools
Standout feature. Adacta AdInsure puts policy, claims, billing and subledger accounting for life and non-life on one platform under a Slovenian entity.
Utrecht, Netherlands
Pricing on request
Demo on request
Best for: Insurers and pension funds in Benelux, DACH, Nordics and the UK running a core replacement
Keylane, headquartered in Utrecht, offers Axon as its P&C core and Plexus for life and pensions administration, plus Keylane Automate for no-code AI agents and workflows. The vendor says 550 insurers and pension funds use its platforms, supported by 1,100 people in offices across the Netherlands, Belgium, Germany, Denmark, Norway and the UK, and cites 37 million policies administered in private cloud.
Customer stories on the site include Unigarant, Belfius and the Danish pension provider P plus, and the vendor states ISO 27001 and ISAE 3402 Type 2 and a sovereign cloud with residency controls. The legal entity name was not given on the pages reviewed, only Utrecht and a Dutch phone number. Pricing is on request and the project size is heavy for a small MGA.
What Keylane does well
- Separate P&C and life/pension products
- Large European customer base (vendor figure)
- ISO 27001 and ISAE 3402 Type 2 stated
- Offices across Benelux, DACH and Nordics
- Implementation owned by the vendor
Where Keylane falls short
- Pricing on request
- Legal entity not stated on pages reviewed
- Heavy for small MGAs
- Automate AI layer has little public detail
Standout feature. Keylane runs implementation itself and covers both a P&C core and a life and pensions system in private cloud.
London, United Kingdom
Founded 2000
Pricing on request
Demo on request
Best for: UK brokers, insurers and MGAs trading through a shared market platform
Acturis is a London platform that began in 2000 and says its multi-tenant cloud for the insurance industry went live in July 2002. Its solutions are split by role: broker, insurer and MGA, covering commercial and personal lines broking, insurer e-trade and product build, and a digital journey builder.
Acturis Limited has offices in London (100 Hatton Garden) and Birmingham, and the group site says ICE and NIS now unite under the ICE-Tech brand, which means a restructuring is under way. It is a trading and distribution layer, not a life or health core, it is built for the UK market, and it publishes no prices or hosting regions.
What Acturis does well
- Multi-tenant cloud since 2002
- Broker network on one platform (vendor figure)
- Separate broker, insurer and MGA solutions
- UK entity and offices
- Digital journey builder
Where Acturis falls short
- UK-centric
- Not a life or health core
- Pricing on request
- Group restructuring (ICE-Tech branding) to follow
Standout feature. Acturis connects brokers, insurers and MGAs on one multi-tenant UK market platform that has run since 2002.
Leinfelden-Echterdingen, Germany
Pricing on request
Demo on request
Best for: German-speaking health and life insurers needing modules tied to local regulation
msg.Insurance Suite is a catalogue of components from the msg group: msg.Life Factory for policy administration, msg.Life Group, msg.Health Factory, msg.Cura case management, pension modules, fraud detection, communications and migration tools. The site is available in English, German, Portuguese and Spanish and lists health, life and P&C.
The imprint names msg life ag in Leinfelden-Echterdingen and msg nexinsure ag in Ismaning near Munich as the providers, so a buyer must confirm which signs. Many components are tied to German regulation, a SaaS option is listed, and the site does not give enough detail to judge the P&C core. Pricing is on request.
What msg.Insurance Suite does well
- Health, life and P&C in one catalogue
- Component-based health system
- German entities, EU jurisdiction
- SaaS option
- Migration and AI tooling
Where msg.Insurance Suite falls short
- Strong German-market focus
- Pricing on request
- Two contracting entities to check
- P&C depth unclear from site
Standout feature. msg.Insurance Suite bundles a component-based health system, life administration and migration tooling from two German entities.
Worcester, United Kingdom
Pricing on request
Demo on request
Best for: UK and Irish brokers, MGAs and insurers
Open GI supplies policy administration, quote-and-buy websites, customer portals and product management to brokers, MGAs and insurers, with data and pricing tools such as insurer-hosted pricing, ratings, propensity to claim and optimal pricing. The vendor says it has supported brokers for more than 45 years.
By its own figures it serves more than 16,000 users and handles more than GBP 5 billion of gross written premium in the UK and Ireland. The website terms identify Open GI Limited (company number 1519547) in Worcester, and the privacy notice also names Open International (5716519). Pricing and hosting are not described, and the focus is the UK and Ireland, not life or health.
What Open GI does well
- Policy administration plus web quote-and-buy
- Broker, MGA and insurer offers
- Data and pricing tools
- Long UK market history (vendor claim)
- UK and Irish focus
Where Open GI falls short
- UK and Ireland only
- Pricing on request
- Hosting not described
- Less suited to life or health
Standout feature. Open GI pairs policy administration with web quote-and-buy and insurer-hosted pricing tools for the UK and Irish market.
Ireland, Ireland
Founded 1993
Pricing on request
Demo on request
Best for: Life, accident, health and employee benefits insurers
FINEOS says Michael Kelly founded the company in 1993, first for life assurers, and that it bought Limelight Health in 2020 to add quote, rate and underwrite. The AdminSuite covers absence, billing, claims, payments, policy, provider management and new business, and can be bought as components or as a full suite with low-code configuration.
The contact page states that FINEOS Corporation Ltd is incorporated in Ireland under number IE 8205721 A. Its customers span North America, Europe and Asia Pacific, and a significant part of its business is outside Europe. It has no motor or property core, pricing is on request, and projects are large.
What FINEOS does well
- Specialist in life, accident and health
- Components or full suite
- Absence and claims in one product
- Irish entity, EU jurisdiction
- Low-code configuration
Where FINEOS falls short
- No P&C core
- Pricing on request
- Many customers outside Europe
- Large projects
Standout feature. FINEOS combines absence management and claims for life, accident, health and employee benefits in one product, under an Irish entity.
St. Gallen, Switzerland
Founded 1997
Pricing on request
Demo on request
Best for: Swiss health and accident insurers
Adcubum describes itself as the Swiss market leader for core systems in health and accident insurance. Its Syrius system is reported at over 15,000 daily users, more than 7 million policyholders and over CHF 37 billion in premium volume, all vendor figures. It lists more than 100 standard interfaces and configuration without code changes.
The company was founded in 1997 in St. Gallen and has around 200 employees in Switzerland, offices in Zurich/Wallisellen, Solothurn and Lucerne, a development centre in Zagreb since 2018 and staff in Germany. Adcubum AG is Swiss, so outside the EEA under an adequacy decision. Pricing is on request, and a job listing suggests the SaaS version was still in development.
What Adcubum does well
- Deep Swiss health and accident focus
- Over 100 standard interfaces
- Configuration without code changes (vendor claim)
- Swiss entity
- Development centre in Zagreb
Where Adcubum falls short
- Single niche
- Pricing on request
- SaaS still in development
- Little relevance outside Switzerland
Standout feature. Adcubum is a single-market specialist: one core system for Swiss health and accident insurers with over 100 standard interfaces.
Holon, Israel
Pricing on request
Demo on request
Best for: Large and mid-size insurers needing a full suite across lines
Sapiens International Corporation N.V. was founded in Israel and sells SapiensAIP, IDITSuite for P&C, CoreSuite for life and pensions, DianaSuite, DigitalSuite and DataSuite, with decision management, reinsurance and underwriting. The about page cites over 600 customers in more than 30 countries and 2024 revenue of USD 542 million, which are vendor figures.
The contact page gives London as global headquarters and lists offices in Holon, Copenhagen, Hamburg, Madrid, Paris, Antwerp and Cedar Rapids in the US. The privacy policy does not name one controller, so the contracting entity must be checked per contract. Israel is outside the EU, pricing is on request, and implementations are large.
What Sapiens does well
- Covers P&C, life, reinsurance
- Large customer base (vendor figure)
- Israeli founding, London HQ per contact page
- Decision management included
- Wide international footprint
Where Sapiens falls short
- Contracting entity varies by customer
- Pricing on request
- Large implementations
- US offices in the group
Standout feature. Sapiens is the broadest suite on the list, spanning P&C, life and pensions, and reinsurance in one vendor.
