Sandis Insurance Software

What Sandis Insurance Software does

SANDIS is a private SaaS company that builds a configuration-driven insurance distribution platform for Managing General Agents (MGAs), coverholders, and insurance agencies. Founded around 2014 by insurance practitioners and headquartered in Warsaw, Poland, with an Americas office in Miami, the platform consolidates policy management, a real-time rating engine, multi-level distribution network management, automated commission handling, white-label deployment, and a RESTful API layer into a single suite. Its most differentiated technical component is direct Excel model integration, which translates existing spreadsheet-based risk and pricing models into live rating calculations without redevelopment — addressing a core pain point of insurance intermediaries trapped in spreadsheet operations.

The company sells through enterprise field sales targeting mid-to-large MGAs (annual IT budgets of $1-3M), API-first embedded distribution for automotive dealers, fintech, and marketplaces, and channel partnerships with carriers including Allianz, Helvetia, and AmTrust. Revenue comes from subscription fees ($50,000-$150,000 annually per mid-sized MGA) supplemented by one-time implementation and configuration services. Active deployments span Poland, Chile, and the United States, supporting multi-currency (USD, EUR, CLP, UF) and multi-language operations across MGA, coverholder, agency, bancassurance, and automotive distribution use cases.

SANDIS operates with 11-50 employees, appears bootstrapped aside from a single ~$160K Polish Agency for Enterprise Development grant in 2023, and reports a small but growing base of named enterprise customers. Leadership is held by founder and CEO Marcin Bobruk and CTO Dawid Cywka. The platform is GDPR/RODO compliant and targets a niche where legacy systems consume up to 70% of IT budgets by offering a 70% lower 5-year TCO versus custom development.

Name

Sandis Insurance Software

Legal name

SANDIS Sp. z o.o.

Website

https://sandis.io

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

SANDIS is a Warsaw-based SaaS company that provides a configuration-driven insurance distribution platform for MGAs, coverholders, and agencies, with direct Excel-based risk model integration, multi-level commission automation, white-label deployment, and embedded insurance APIs across Poland, Chile, and the United States.

Ownership category

akta.pro rank

Product category

Insurance Distribution Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)

akta.pro secondary industry

Insurance Program Administration & MGA/MGU Services (FSAEADAK)

Keywords

• Insurance distribution software
• Policy administration platform
• Commission automation software
• Embedded insurance API
• MGA platform

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. SaaS Subscription: Monthly or annual subscription model for platform access. Includes infrastructure, hosting, security, updates, and support. Subscription fees represent the primary revenue stream, typically priced at $50,000 to $150,000 annually for mid-sized MGAs. Total 5-year TCO analysis shows SaaS approach costs 70% less than custom development.
2. Implementation and Configuration Services: One-time implementation fees for platform configuration, data migration, and deployment. Implementation typically takes one month. Configuration resources required for initial setup.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

SANDIS provides a SaaS insurance distribution platform that enables Managing General Agents (MGAs), coverholders, and insurance agencies to configure and launch insurance products in weeks. The platform combines policy administration, a real-time rating engine, a RESTful insurance API, multi-level distribution management, automated commission handling, and white-label capabilities, with a distinctive Excel integration layer that lets existing risk models power pricing without redevelopment.

Product overview

SANDIS offers a unified insurance distribution platform built as an integrated suite of six core modules: Policy Management, Insurance Rating Engine, Insurance API Platform, Distribution Management, Commission Handling, and White-Label Platform. The platform enables MGAs, coverholders, and insurance agencies to launch insurance products in weeks rather than months through a configuration-driven SaaS approach. Key differentiators include direct Excel model integration (allowing existing risk models to power the platform), multi-level distribution network management, and two-phase embedded insurance deployment. Additional capabilities include Rapid Product Launch methodology, Embedded Insurance API for partner distribution, and Excel Model Replacement for organizations transitioning from spreadsheet-based operations. The platform supports multi-currency, multi-language, and diverse regulatory environments across Europe and the Americas.

Differentiator

Problem solved

Functional benefit

Products and services

• SANDIS Insurance Distribution Platform Core cloud-based SaaS platform for insurance intermediaries that consolidates policy management, rating, distribution, commissions, APIs and white-label deployment so MGAs, coverholders and agencies can launch products in weeks rather than months.
• Policy Management Automated policy administration covering the full lifecycle from quoting and issuance through endorsements, renewals, cancellations and document generation, with configurable templates and multi-format compliance documents.
• Insurance Rating Engine Real-time pricing engine for instant quote generation that supports table-based rates, algorithmic calculations, direct Excel risk-model integration, and integration with external rating engines.
• Insurance API Platform RESTful insurance API exposing quote, bind, issue, endorsements, MTAs, renewals, cancellations, policy status, documents, and payments via OpenAPI specification, with OAuth 2.0, sandbox environments, SDKs, and a 99.6% uptime SLA.
• Distribution Management Hierarchical distribution network management with unlimited configurable levels, role-based access controls, agent relationship management, and performance tracking across channels.
• Commission Handling Automated commission calculation engine for multi-level hierarchies with configurable rate structures, overrides, performance bonuses, premium collection tracking, commission accrual, and settlement processing.
• White-Label Platform Complete brand customization at both interface and document level allowing carriers, distributors, and partners to operate the platform under their own brand identity with custom styling, logos, and document templates.
• Embedded Insurance API Platform Embedded insurance deployment offering for partners such as automotive dealers, leasing companies and fintech platforms, combining a branded UI launch phase with follow-on API integration for seamless technical embedding.
• Excel Model Replacement Solution that uploads existing Excel files containing pricing formulas and underwriting rules, interprets them as the live calculation engine, and refreshes in minutes when the spreadsheet is updated.

Quantifiable outcome

• 80% reduction in time-to-market (months to weeks)
• +16 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature8 records

Partnerships

Five partnerships are on record, tiered featured and core.

• QuanteefeaturedTechnology or IntegrationTechnology partnership with Quantee, an advanced insurance pricing software provider. Combined solution delivers agile distribution management with sophisticated pricing technology (GLM, GAM, GBM models). Quantee's scalable API-based rating engine integrates with SANDIS for advanced pricing needs. Partnership enables deployment of sophisticated pricing models rapidly through configuration.
• AllianzcoreStrategic or Co-development PartnerCarrier partnership for insurance product distribution through SANDIS platform. Allianz products distributed via coverholders and MGAs using SANDIS platform. Proven deployment across multiple international markets.
• HelvetiacoreStrategic or Co-development PartnerCarrier partnership for property and consumer electronics insurance distribution. Helvetia coverholders use SANDIS platform for rapid product launch (6-week consumer electronics insurance deployment documented). Deep integration with Helvetia underwriting processes.
• AmTrustcoreStrategic or Co-development PartnerCarrier partnership providing specialty insurance products through SANDIS platform. Partnership enables MGAs and coverholders to distribute AmTrust products with SANDIS's multi-level distribution and commission management capabilities.
• Automotive Dealership NetworkscoreChannel Partner/ Reseller/ DistributorChannel partnerships with automotive dealership networks for service contract and GAP insurance distribution. Dealership F&I managers use SANDIS platform for instant quoting and policy issuance at point of sale. Nationwide dealer networks enabled through white-label platform.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Insurity: Insurity provides SaaS insurance software for carriers, MGAs, and self-insureds across policy, billing, and claims. Direct competitor in the MGA and program-administration market SANDIS targets.
• Applied Systems: Applied Systems is the leading agency and broker management platform (Applied Epic, TAM). Directly competes for the insurance-agency and broker segment of SANDIS' customer base.
• Vertafore: Vertafore is a major provider of agency and broker management systems (AMS, Sagitta, Workfly). Direct peer in the agency/broker distribution segment that SANDIS addresses.
• Duck Creek Technologies: Duck Creek provides a SaaS insurance core platform (Policy, Billing, Claims, Rating) widely adopted by MGAs, coverholders, and carriers. It is the most directly comparable end-to-end platform competitor to SANDIS in the MGA distribution space.
• EIS Group: EIS offers a cloud-native insurance core suite used by insurers and MGAs for policy administration, billing, and distribution. Direct overlap with SANDIS' policy, rating, and distribution modules for insurance intermediaries.
• Majesco: Majesco delivers SaaS insurance software for P&C insurers, MGAs, and brokers, including policy, rating, and distribution capabilities. Directly competes in the MGA/agency platform segment SANDIS serves.
• Prima Solutions: Prima Solutions offers cloud-based insurance software for P&C insurers and MGAs, including policy administration and distribution. Closely comparable European-rooted peer to SANDIS' MGA/coverholder focus.

Broad incumbents

• Guidewire Software: Guidewire is the dominant incumbent in P&C insurance core systems (PolicyCenter, BillingCenter, ClaimCenter) with a broad portfolio spanning large carriers. It is a broader incumbent anchor that competes with SANDIS for MGA modernization deals.

Emerging players

• Socotra: Socotra provides a modern, API-first insurance core platform targeting insurers and insurtechs. It competes in the same embedded and modern core space as SANDIS, especially for greenfield launches.
• Hyperexponential: Hyperexponential is a specialty pricing platform for insurers and reinsurers. It complements or competes with SANDIS' Insurance Rating Engine and Quantee-style pricing integrations in the MGA segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sandis-ib

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sandis Insurance Software