Insurity
Insurity provides cloud-native policy administration, claims, billing, and analytics software to US property and casualty insurers, MGAs, and brokers. Its platform-plus-modules stack serves 500+ P&C organizations, including 22 of the top 25 US P&C carriers, and is owned by GI Partners and TA Associates.
- Company typePrivate
- Founded2014
- HeadquartersHartford, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Insurity does
Insurity is a Hartford-based software company that provides cloud-native policy administration, claims, billing, and analytics platforms for US property and casualty insurance carriers, managing general agents, marine cargo insurers, and brokers. The product architecture is a platform-plus-modules stack anchored on four core suites (Policy Decisions for regulated commercial lines, Pro Suite for growing carriers and MGAs, Marine Suite for global cargo, and Workers' Comp Suite) augmented by SpatialKey geospatial analytics, Premium Audit, Loss Control, and Billing-as-a-Service. The technology foundation is explicitly cloud-native and SaaS-delivered with embedded AI and geospatial analytics, and has been iteratively upgraded through three named AI releases—Andromeda (2025), Borealis (2026), and Cassiopeia (2026)—delivering capabilities across underwriting risk assessment, transparent rating, catastrophe modeling, automated premium audit, and AI-enabled customer self-service. The platform underpins 400+ cloud deployments and is used by 500+ P&C organizations, including 22 of the top 25 US P&C carriers and 7 of the top 10 MGAs, with flagship references such as Zurich (a 30-year customer), Chubb, Nationwide, Everest, and Generali GC&C.
The company's business model is enterprise SaaS with quote-based pricing that varies by carrier size, module selection, and transaction volume, supplemented by transaction-based fees from Billing-as-a-Service, professional services delivered through a 200+ partner ecosystem (Sikich, INFORCE, OIP Insurtech, LTIMindtree, EOX Vantage), and Bureau Managed Services including Circ regulatory content. Distribution combines direct enterprise field sales—targeting top US P&C carriers and MGAs—with channel partners and technology integrations (EuroTempest for windstorm hazard models; Glia for customer interactions). The Marine Suite alone supports 100,000+ users across 100+ countries issuing more than 3 million certificates annually. The company is privately held, co-owned by GI Partners (which acquired it in 2019) and TA Associates (which made an initial 2014 investment and a strategic growth investment in 2021), and has executed 13+ acquisitions since 2013 to expand capabilities (SpatialKey, Valen Analytics, Maprisk, AuSum Systems, Instec, and others).
The operating geography spans North America with global reach via Marine Suite and partner channels, and the company holds EU-U.S., UK Extension, and Swiss-U.S. Data Privacy Framework certifications plus payment-transmitter licensing through its wholly-owned subsidiary Insurity Payments LLC. Product configuration supports configurable workflows, bureau-driven regulatory updates across 50+ jurisdictions, expanded APIs, multicurrency processing, and embedded analytics, while the 2025/2026 AI investment cycle is intended to embed AI into core underwriting, claims, billing, and financial workflows and to support expansion of new product launches in weeks rather than months. The most recent leadership change (June 2026) installed Jatin Atre as CEO with Jeff Clarke moving to Executive Chairman, and the company recorded 36 core system wins and 30 new logos in 2025—its strongest new-logo year on record.
Insurity firmographics
Firmographics- Name
- Insurity
- Legal name
- Insurity LLC
- Website
- https://insurity.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Insurity provides cloud-native policy administration, claims, billing, and analytics software to US property and casualty insurers, MGAs, and brokers. Its platform-plus-modules stack serves 500+ P&C organizations, including 22 of the top 25 US P&C carriers, and is owned by GI Partners and TA Associates.
- Ownership category
- akta.pro rank
Insurity industry classification
Industry- Product category
- Insurance Software (P&C Core Systems)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
- akta.pro secondary industry
- Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)
Keywords
Where Insurity is headquartered
LocationHeadquarters
- HQ city
- Hartford
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Insurity business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Subscription-based SaaS licensing: Cloud-based software subscriptions for policy administration, claims management, billing, and analytics platforms. Revenue generated through recurring platform access fees with tiered capabilities based on carrier size and functionality needs.
- Billing-as-a-Service (Transaction processing): Billing and payment processing services for P&C carriers and MGAs. Revenue derived from transaction fees on payments processed, with costs declining as volume grows. Partnerships with tier-one banking enable enterprise-scale payment processing.
- Professional Services: Implementation and consulting services through system integrator partners. Includes system integration, configuration, and ongoing support services for platform deployments.
- Managed Services: Bureau Managed Services including regulatory updates, compliance monitoring, and policy administration operations managed on behalf of carriers. Revenue from ongoing managed service fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Insurity product offering
Product offeringCore offering
Insurity provides cloud-native SaaS software for property and casualty (P&C) insurance carriers, MGAs, and brokers. Its platform delivers policy administration, claims management, billing, premium audit, geospatial analytics, and AI-guided underwriting capabilities across commercial lines, workers' compensation, marine cargo, and specialty lines.
Product overview
Insurity offers a platform-plus-modules architecture for property and casualty insurance carriers, MGAs, and brokers. The core portfolio includes Policy Decisions (policy administration for regulatory complexity), Pro Suite (modular software for growing carriers and MGAs), Marine Suite (for global marine cargo operations), and Workers' Comp Suite (purpose-built for workers' compensation). These core systems are augmented by specialized modules including SpatialKey (embedded geospatial analytics), Premium Audit (automated audit workflows), Loss Control (proactive surveys), and Billing-as-a-Service (cloud-native billing). Recent AI-powered platform releases—Andromeda (November 2025), Borealis (February 2026), and Cassiopeia (June 2026)—have progressively embedded AI capabilities across the entire platform for underwriting automation, risk insights, claims processing, and financial workflows.
Differentiator
Problem solved
Functional benefit
Brands
- Policy Decisions: Cloud-based policy administration platform for complex policies, regulatory compliance, and product launches.
- Pro Suite
- Marine Suite
- Workers' Comp Suite
- Premium Audit
- SpatialKey
- Billing-as-a-Service
- Andromeda
- Borealis
- Cassiopeia
Products and services
- Policy Decisions Policy administration platform built for regulatory complexity, handling complex policies, regulatory change, and product launches without operational friction. Used by P&C carriers for end-to-end policy management of regulated lines including auto, general liability, workers' compensation, and property insurance.
- Pro Suite Modular core software for growing carriers and MGAs, enabling enterprise capabilities at lower cost with self-service configuration tools for rapid product launches without platform resets.
- Marine Suite Cloud-based platform for marine cargo insurers and brokers enabling faster onboarding and certificate issuance. Supports 100,000+ users across 100+ countries, issuing more than 3 million certificates annually, with embedded insurance accelerators and vessel intelligence capabilities.
- Workers' Comp Suite Purpose-built core software for workers' compensation insurance, supporting premium audit, complex claims lifecycles, and regulatory demands specific to workers' comp.
- Premium Audit Modern premium audit tool enabling insurers to audit every eligible policy, cut reviewer time and costs by 75%, and capture premium through automated and self-service audits.
- Loss Control Proactive survey and risk assessment solution preventing claims through faster, more proactive surveys and risk evaluation.
- SpatialKey Embedded geospatial analytics platform providing location-based risk intelligence for better financial insight, exposure management, and real-time hazard monitoring. Integrated with underwriting workflows with hazard models and windstorm data.
- Billing-as-a-Service Cloud-native billing platform centralizing payments, collections, and reconciliation. Reduces operational costs through partnerships with tier-one global banking institutions and best-in-class payment providers.
Quantifiable outcome
- Reduce quote times from 2 weeks to 45 seconds
- +6 more outcomes
Companies that use Insurity
Customer profileNamed customers14 records
Segments6 records
Ideal customer profiles3 records
Insurity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability6 records
Feature8 records
Insurity partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered strategic, core, flagship and minor.
- EOX VantagestrategicPartnership to help P&C insurers modernize operations and scale efficiently by integrating core software with workflow automation and managed services. Aims to enhance policyholder services, speed up implementations, and redesign processes for modern operating model.
- INFORCEstrategicCleveland-based systems integration firm specializing in complex insurance platform implementations. Combines Insurity's technology platform with INFORCE's execution-focused delivery model. Joint engagements already underway, viewed as foundation for long-term relationship.
- EuroTempestcoreExpanded strategic partnership to embed EuroTempest's windstorm hazard models and event response datasets into SpatialKey's underwriting and exposure management workflows. Includes UK Static Wind Risk model, Global Tropical Storm Risk datasets, and high-resolution European Windstorm layers. Partnership active since 2016.
- Accelerated Partner ProgramcoreNew partner program with over 200 global partners. Introduces account mapping, opportunity routing, certification paths, and structured GTM alignment to help insurers execute complex modernization initiatives with greater speed and consistency.
- Zurich U.S.flagshipExtended 30-year collaboration for cloud-based policy administration and bureau managed services. Zurich uses Insurity's Policy Decisions platform and Circ Bureau Managed Services for end-to-end policy management of core regulated lines including auto, general liability, workers' compensation, and property insurance.
- FauraminorPartnership to deliver property-level resilience insights to P&C insurers.
- The Builders GroupminorWent live on Insurity Workers' Comp Suite, marking one of 20 go-lives in 2025 across core software suite.
- OIP InsurtechstrategicSystem integrator partner added to help deploy Insurity solutions for customers.
- SikichstrategicSystem integrator partner that played critical role in implementing Insurity's Sure MGA and Sure Billing-as-a-Service for Georgia Stern Insurance Agency. Leverages deep industry knowledge and technical expertise of Insurity solutions.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Insurity competitors and assessment
Company assessmentDirect peers
- Duck Creek Technologies: Cloud-native SaaS suite for P&C insurers covering policy, billing, claims, and analytics. Direct competitor in the same product category, serving similar mid-market and enterprise P&C carriers and MGAs.
- Guidewire Software: Publicly listed provider of core systems (PolicyCenter, BillingCenter, ClaimCenter) for P&C insurers. Direct competitor to Insurity's Policy Decisions, Pro Suite, and Workers' Comp offerings; competes head-to-head for the same large P&C carrier RFPs.
- OneShield Software: Insurance core systems provider for P&C, life, and health carriers and MGAs. Direct peer competing in the same product category with overlapping target customers in the mid-market and MGA segments.
- Fadata: European-based insurance software provider for life, P&C, and health carriers. Comparable to Insurity in core policy administration and product configuration, with stronger presence in EMEA.
- Sapiens International: Provider of insurance software platforms for P&C, life, and reinsurance markets. Comparable to Insurity in serving global P&C carriers with core policy, billing, and claims solutions.
- Majesco: Cloud-based core insurance software for P&C and L&A carriers, MGAs, and TPAs. Direct competitor with overlapping product suites and similar target customer base, particularly in mid-market and digital-first insurers.
Broad incumbents
- Cognizant (Insurance Solutions): Global IT services and systems integrator with a sizable insurance practice implementing and operating core platforms. Both competitor and partner to Insurity via the Accelerated Partner Program; offers broad transformation capabilities rather than a focused P&C SaaS product.
- Verisk (Insurance Solutions): Large data, analytics, and software provider serving the insurance industry, including P&C carriers and MGAs. Adjacent competitor in analytics and risk assessment; overlaps with Insurity's SpatialKey and AI risk-scoring capabilities.
Emerging players
- Planck: AI-native data platform for commercial insurance, automating underwriting and submission intelligence. Adjacent competitor attacking Insurity's commercial underwriting and risk-assessment workflows with a newer AI-first architecture.
- Earnix: AI-powered rating, pricing, and personalization platform for insurers and banks. Partial overlap with Insurity's Andromeda/Predict capabilities; competes on underwriting analytics rather than full core systems.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Insurity social profiles
Digital presenceInsurity compliance and trust
Trust signalCompliance4 records
Insurity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Insurity leadership team
Management profileNumber of profiles
Profiles14 records
Insurity subsidiaries and ownership
Company hierarchySubsidiaries1 record
Insurity funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Insurity M&A and investment
M&A and investmentM&A14 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Insurity
What does Insurity do?
Insurity provides cloud-native SaaS software for property and casualty (P&C) insurance carriers, MGAs, and brokers. Its platform delivers policy administration, claims management, billing, premium audit, geospatial analytics, and AI-guided underwriting capabilities across commercial lines, workers' compensation, marine cargo, and specialty lines.
Is Insurity a public or private company?
Insurity is a private company. It is classified as private equity controlled and is currently operating.
When was Insurity founded?
Insurity was founded in 2014. It employs 1,001 to 5,000 people.
Where is Insurity based?
Insurity is headquartered in Hartford, United States, in the North America region.
How does Insurity make money?
Four revenue lines are on record. Subscription-based SaaS licensing is the primary driver. The others are billing-as-a-Service (Transaction processing), professional Services and managed Services.
Who are Insurity's main competitors?
Direct peers on record are Duck Creek Technologies, Guidewire Software, OneShield Software, Fadata, Sapiens International and Majesco. Broad incumbents are Cognizant (Insurance Solutions) and Verisk (Insurance Solutions). Emerging players are Planck and Earnix.
Does Insurity have an API?
Yes. Insurity's platforms include expanded APIs for integration capabilities. The Cassiopeia release introduces expanded APIs. The Marine Suite supports seamless API integrations for end-to-end marine cargo workflows. Specific API documentation URL, auth methods, and rate limits are not publicly specified in available sources.
What industry is Insurity in?
Insurity's product category is Insurance Software (P&C Core Systems). Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS), with a secondary code of FSAGAGAE, Data, Analytics & AI for Insurance (Risk, Pricing, Personalization). Its SIC code is 7373.