ChainThat
ChainThat is a London-based insurtech providing cloud-native SaaS platforms for policy administration, multinational program coordination, and insurance accounting, serving insurers, MGAs, mutuals, and brokers across the UK, US, Australia, and Canada with distributed ledger and Gen AI capabilities.
- Company typePrivate
- Founded2015
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What ChainThat does
ChainThat is a London-based insurtech founded in 2015 that provides cloud-native, SaaS-enabled platforms to insurance carriers, Managing General Agents (MGAs), mutuals, and brokers. The company operates across three continents with deployments in the United Kingdom, United States, Australia, and Canada, and reports approximately $0.5 billion in Gross Written Premium flowing through its platforms. Its customer base spans enterprise insurers (most notably Berkshire Hathaway Specialty Insurance, which transacts 95% of its multinational business through ChainThat's BMNP across 178 countries) and mid-market MGAs in verticals including farm, cyber, builders risk, healthcare malpractice, surety, and mobile plant & equipment.
The technology stack is built on a microservices, API-first architecture deployed on Microsoft Azure, integrating R3 Corda distributed ledger technology and Gen AI capabilities. Three core platforms anchor the portfolio: Beyond Policy Administration (BPA) for end-to-end policy lifecycle management; Beyond Multinational Programs (BMNP), a Corda-powered digital coordination layer for cross-border insurance programs; and Beyond Insurance Accounting (BIA), a Gen AI-powered financial operations platform launched in December 2025 to mark the company's tenth anniversary. Supporting modules include a proprietary Connector Framework that abstracts REST, SOAP, and GraphQL integrations and a Policy Lifecycle Migration Framework built on Azure Data Factory with a documented 99%+ migration success rate. ChainThat holds SOC 2 Type II compliance for BPA and is a verified platform vendor with the Kentucky Department of Insurance.
ChainThat operates an enterprise SaaS business model with usage-based subscription pricing, distributing through direct field sales and partner-led channels including Xceedance (parent company), Verisk, R3, and industry consultants. The go-to-market is sales-led with custom quote-based engagements initiated through 'Book a Demo' CTAs, targeting complex insurance transformations across multiple jurisdictions. The company employs 51-100 staff, with 100% of headcount holding direct insurance industry experience or specialized insurance training — a deliberate talent positioning that differentiates it from generic technology vendors entering the insurance vertical.
ChainThat firmographics
Firmographics- Name
- ChainThat
- Legal name
- ChainThat Limited
- Website
- https://chainthat.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- ChainThat is a London-based insurtech providing cloud-native SaaS platforms for policy administration, multinational program coordination, and insurance accounting, serving insurers, MGAs, mutuals, and brokers across the UK, US, Australia, and Canada with distributed ledger and Gen AI capabilities.
- Ownership category
- akta.pro rank
ChainThat industry classification
Industry- Product category
- Insurance Technology Software (Insurtech)
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Billing, Payments & Premium Finance Platforms (FSAGAGAI)
Keywords
Where ChainThat is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
ChainThat business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Platform Subscriptions: Cloud-native SaaS-enabled platforms where customers pay for what they use. Subscription-based pricing model for enterprise insurance organizations accessing Beyond Policy Administration (BPA), Beyond Multinational Programs (BMNP), and Beyond Insurance Accounting (BIA) platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Usage-based SaaS pricing model |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels9 records
ChainThat product offering
Product offeringCore offering
ChainThat provides cloud-native, SaaS-enabled insurance technology platforms for insurers, MGAs, mutuals, and brokers. Its core products include Beyond Policy Administration (BPA) for end-to-end policy lifecycle management, Beyond Multinational Programs (BMNP) powered by R3 Corda distributed ledger technology for coordinating complex multinational insurance programs, and Beyond Insurance Accounting (BIA), a Gen AI-powered financial operations platform that unifies billing, payments, and accounting for insurance organizations.
Product overview
ChainThat is an insurtech company offering a suite of cloud-native, SaaS-enabled insurance technology platforms. The product portfolio comprises three core platforms: Beyond Policy Administration (BPA) for end-to-end policy lifecycle management, Beyond Multinational Programs (BMNP) for multinational program coordination powered by distributed ledger technology, and Beyond Insurance Accounting (BIA) for unified financial operations with Gen AI capabilities. These platforms share an API-first, configurable architecture and are complemented by a Connector Framework for simplified integrations and a Policy Lifecycle Migration Framework for system conversions. The platforms serve insurers, MGAs, mutuals, brokers, and carriers across multiple geographies including the US, Australia, Canada, and international markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Beyond Policy Administration (BPA) Next-generation, cloud-native SaaS platform providing end-to-end policy servicing and administration capabilities for insurers, MGAs, mutuals, and brokers. Features API-first architecture, drag-and-drop product deployment, real-time rating, automated workflows, and multi-jurisdiction support.
- Beyond Multinational Programs (BMNP) Digital coordination platform that enables insurers to underwrite and process complex multinational insurance programs. Powered by R3 Corda distributed ledger technology to provide consistency, compliance, and transparency across local underwriters, producing offices, and network partners.
- Beyond Insurance Accounting (BIA) Industry-specific accounting platform that unifies billing, payments, and accounting into a compliant, automated solution for insurers, MGAs, and brokers. Powered by Generative AI to deliver real-time control, operational clarity, and efficiency across core finance functions.
Quantifiable outcome
- Reduces deployment speed by 5x (weeks to hours)
- +8 more outcomes
Companies that use ChainThat
Customer profileNamed customers10 records
Segments5 records
Ideal customer profiles4 records
ChainThat technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability6 records
Feature7 records
ChainThat partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and flagship.
- VeriskcoreChainThat's BPA platform integrates with Verisk's ISO Rating-as-a-Service (RaaS) solution, making ISO commercial lines rating information available within BPA. ChainThat is one of the ISO ERC RaaS vendors of Verisk. Integration enables real-time rating for commercial lines policies.
- Berkshire Hathaway Specialty Insurance (BHSI)flagshipBHSI collaborated with ChainThat using the Beyond Multinational Programs (BMNP) platform to design and build the WorldLink solution for multinational insurance coordination. BHSI now transacts 95% of its multinational business through this platform across 178 countries.
- XceedancecoreXceedance is the parent company of ChainThat. ChainThat is described as 'an Xceedance company' in multiple sources. Xceedance provides domain expertise and operational support, with Prashant Tekchandani, Global Head of Insurance Lifecycle & Operations at Xceedance, commenting on ChainThat's achievements.
- R3coreChainThat is one of the earliest adopters of R3's Corda distributed ledger technology framework in the insurance market. BMNP platform is powered by Corda enterprise DLT platform for managing cross-border insurance exposures through master contracts and local policies.
Scale indicators13 records
Recent moves8 records
Expansion highlights6 records
ChainThat competitors and assessment
Company assessmentOthers
- Xceedance: Insurance consulting and services firm referenced as ChainThat's parent/strategic partner providing domain expertise and delivery support. Ecosystem participant with potential governance overlap flagged in this analysis.
- R3: Enterprise distributed ledger technology provider whose Corda platform powers ChainThat's BMNP. Not a direct competitor but a critical technology partner and ecosystem participant for ChainThat's multinational insurance offering.
Direct peers
- Majesco: Cloud insurance platform serving mid-market insurers and MGAs with policy, billing, and analytics. Closest comparable to ChainThat's BPA in targeting MGAs and specialty carriers with configurable, API-first SaaS.
- Insurity: Insurance software and analytics provider focused on P&C carriers, MGAs, and mutuals with policy admin, billing, and data products. Direct overlap with ChainThat across core insurance platforms.
- EIS Group: Cloud-native insurance core platform for life, health, and P&C carriers with deep configuration and digital ecosystem capabilities. Competes head-to-head with ChainThat's BPA in modern policy admin engagements.
- Duck Creek Technologies: Cloud-native insurance core systems provider offering policy, billing, and claims platforms for P&C insurers and MGAs. Direct competitor in the SaaS policy administration space ChainThat targets with BPA.
Broad incumbents
- Sapiens International: Insurance software vendor offering core platforms, data, and digital suites for property/casualty and life insurers globally. Overlaps with ChainThat's BPA in policy administration and broader insurance digital transformation.
- Guidewire Software: Largest insurance core systems vendor serving tier-1 P&C carriers with PolicyCenter, BillingCenter, and ClaimCenter. Competes with ChainThat BPA for enterprise policy admin deals and is rapidly adding Gen AI features.
Emerging players
- Prima Solutions: European-headquartered insurance SaaS provider focusing on brokers, MGAs, and specialty insurers with configurable policy admin. Comparable in geographic positioning and MGA-centric GTM.
- Surefyre (Paperless Parts-adjacent / broker tools): Insurance workflow and underwriting platform focused on specialty lines and broker/MGA automation. Adjacent competitor in the MGA tooling niche ChainThat targets with BPA.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ChainThat social profiles
Digital presenceChainThat compliance and trust
Trust signalCompliance4 records
ChainThat financial estimates
Financial estimateRevenue estimate
Valuation estimate
ChainThat leadership team
Management profileNumber of profiles
Profiles5 records
ChainThat funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ChainThat M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ChainThat
What does ChainThat do?
ChainThat provides cloud-native, SaaS-enabled insurance technology platforms for insurers, MGAs, mutuals, and brokers. Its core products include Beyond Policy Administration (BPA) for end-to-end policy lifecycle management, Beyond Multinational Programs (BMNP) powered by R3 Corda distributed ledger technology for coordinating complex multinational insurance programs, and Beyond Insurance Accounting (BIA), a Gen AI-powered financial operations platform that unifies billing, payments, and accounting for insurance organizations.
Is ChainThat a public or private company?
ChainThat is a private company. It is classified as corporate owned and is currently operating.
When was ChainThat founded?
ChainThat was founded in 2015. It employs 51 to 100 people.
Where is ChainThat based?
ChainThat is headquartered in London, United Kingdom, in the Europe region.
How does ChainThat make money?
One revenue line is on record: saaS Platform Subscriptions.
Who are ChainThat's main competitors?
Others on record are Xceedance and R3. Direct peers are Majesco, Insurity, EIS Group and Duck Creek Technologies. Broad incumbents are Sapiens International and Guidewire Software. Emerging players are Prima Solutions and Surefyre (Paperless Parts-adjacent / broker tools).
Does ChainThat have an API?
Yes. ChainThat's platforms feature an API-first approach with full API access to all policy administration system (PAS) components. The BPA platform supports REST, SOAP, and GraphQL protocols. The connector framework standardizes multiple API types into one interface and includes auth management for automated credential handling.
What industry is ChainThat in?
ChainThat's product category is Insurance Technology Software (Insurtech). Its primary akta.pro industry code is FSAGAGAI, Billing, Payments & Premium Finance Platforms. Its NAICS code is 524292 and its SIC code is 6411.