Insly
Estonian-founded modular insurance platform with product builder, claims, accounting and AI modules for MGAs, insurers and brokers
Quick Overview
| Company | Insly OÜ and Insly Ltd |
|---|---|
| Category | Insurance Policy Administration Software |
| Headquarters | Tallinn, Estonia |
| Founded | Not stated |
| EU Presence | Yes - Estonia (EU) |
| Data Location | See website |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Insurance product builder, product distribution, accounting and reporting, claims management, claims portal, AI copilot and agent builder, open APIs |
| Pricing | Tailored quote: monthly base fee plus modules, unlimited users, fixed-fee or pay-as-you-go implementation |
| Best For | MGAs and small to mid-size insurers and brokers that want a modular system live quickly |
| Replaces | Guidewire, Duck Creek, Majesco |
Detailed Review
Insly sells insurance software as a set of modules rather than a single core. A customer can start with the product builder or the accounting and reporting module and add distribution or claims later, connecting to existing systems through open APIs.
The company lists a legal entity in Tallinn (Insly OÜ, registry code 12514106) and one in the UK (Insly Ltd, 09139615), with offices in London, Tallinn and Warsaw.
Packages by company type
Insly's pricing page has two plans. The MGA plan combines a base package with additional modules, with implementation either as a fixed fee or pay-as-you-go. The insurer plan adds extended user management and a dedicated implementation team for full-stack projects.
Both plans include unlimited internal and external users, brokers included, which differs from vendors that price per seat.
Claims and AI additions
A claims management module and a policyholder claims portal sit next to the policy and accounting modules. The site also describes an insurance copilot that can run inside existing software and a drag-and-drop builder for custom AI agents.
The vendor's pages do not state which models or hosting regions sit behind these AI features, so ask before sending claims data through them.
Who it fits
The target is the MGA or broker that cannot justify a multi-year core programme. Large composite insurers with many legacy lines will look at heavier cores such as Keylane or Adacta AdInsure.
Limitations to Consider
No prices are published, only a request for a tailored quote. The vendor's pages do not name hosting regions, and the terms we saw are a software licence under English law. It is built for MGAs, brokers and smaller insurers, so a large insurer's multi-line core replacement is better served by Sapiens or Keylane.
Who Should Use Insly
MGAs, brokers and mid-size insurers in Europe that want to configure products, accounting and claims in one modular system.
Pros and Cons
Pros
- 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
Cons
- No published prices
- Hosting regions not stated on pages reviewed
- Not aimed at large multi-line cores
- AI features lack model and hosting detail
Alternatives to Insly
Other European insurance policy administration software worth comparing before you decide:
INSTANDA
United Kingdom · No-code policy administration and distribution for carriers and MGAs
Adacta AdInsure
Slovenia · Life and non-life core platform from Ljubljana
Keylane
Netherlands · Core systems for insurers and pension funds across Europe
Acturis
United Kingdom · Multi-tenant cloud trading platform for UK general insurance
See all European insurance policy administration software or compare them directly against Guidewire on our alternatives page.
Frequently Asked Questions
No. Its pricing page says the platform cost includes unlimited internal and external users, including brokers, with a monthly base fee plus modules.
It is a modular platform for MGAs, insurers and brokers. For a large insurer's complete multi-line core replacement, heavier systems are a better comparison.
Insly's documents name Insly OÜ in Tallinn and Insly Ltd in the UK. Confirm which one signs your contract.