What Hubio does

Hubio is a Toronto-based SaaS provider focused exclusively on the Canadian Property & Casualty insurance market, operating under the legal entity Hubio Technology Inc. The company delivers three core products: regul8, a turnkey regulatory and statistical reporting platform covering submissions to GISA, IBC, GAA, and Facility Association Risk Sharing Pools; collabor8, a digital broker/insurer interaction platform supporting real-time quote, bind, and policy inquiry workflows; and communic8, a data integration hub enabling EDI, eDocs (CSIO-certified), BMS connectivity, and broker/insurer data exchange. These products are deployed as cloud-native SaaS on AWS using a MEAN stack (MongoDB, Express.js, Angular, Node.js) with containerized architecture, and are SOC 2 Type II certified, PIPEDA- and GLBA-compliant, with ongoing ISO 27001 alignment. Pre-built Ready for Guidewire accelerators (regul8 Connect for PolicyCenter and ClaimCenter) anchor Hubio's integration with the dominant Canadian P&C core platform.

Hubio's go-to-market combines direct enterprise field sales—led by the CEO and VP-level contacts engaging insurance carrier executives—with channel distribution through Guidewire Marketplace and Deloitte Canada's InsurCloud solution, which bundles Hubio's regul8 with Guidewire InsuranceSuite. Revenue is generated primarily through subscription SaaS contracts (monthly or annual) with implementation professional services, optional managed services and AMS add-ons, and a Regulatory-Reporting-as-a-Service offering that includes full BPO submission management. The company operates as a privately held, bootstrapped firm following a December 2017 management buyout led by Phil Henville (President and CEO) and Pat Durepos, with no venture capital or institutional investor involvement disclosed in available materials.

Hubio's customers include large national and specialty carriers (CAA, Definity, Wawanesa, Zurich, HDI Specialty, Everest Insurance) and mid-sized regional mutuals (Saskatchewan Mutual, Trillium Mutual, Red River Mutual, MFIBC), with stated customer penetration covering 40% of Canadian P&C direct written premiums. The company has signaled strategic intent to expand into the US market, supported by recent compliance certifications and active hiring across engineering, security, and finance functions. Headcount is reported as 11-50 employees (firmographics), positioning Hubio as a focused vertical SaaS firm with deep domain specialization rather than a broadly diversified platform.

Name

Hubio

Legal name

Hubio Technology Inc.

Website

https://hubio.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Hubio is a Toronto-based SaaS provider serving Canadian Property & Casualty insurers with three core products—regul8 (regulatory reporting), collabor8 (broker/insurer digital interaction), and communic8 (data integration)—deployed on AWS and integrated with Guidewire.

Ownership category

akta.pro rank

Product category

Insurance Software (Insurtech)

NAICS

Computer Systems Design and Related Services (54151)

akta.pro primary industry

Regulatory Reporting Hubs & Aggregators (Multi-Regime/Multi-Asset) (FSAFAJAF)

akta.pro secondary industries

Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI), Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• Insurance regulatory reporting
• Broker connectivity platform
• Insurance data integration
• Cloud insurtech software
• P&C insurance solutions

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription - regul8: Monthly or annual subscription fees for regul8 regulatory reporting platform. Optional Application Management Services (AMS) and platform monitoring can be added to the monthly SaaS subscription. Subscription supports both cloud-hosted (SaaS) and on-premise deployment models.
2. SaaS Subscription - collabor8 and communic8: Subscription fees for collabor8 (broker portal) and communic8 (data integration hub) platforms as cloud-native SaaS solutions. Pricing includes implementation services and ongoing support.
3. Professional Services - Implementation: Implementation services including proof-of-concept methodology, configuration, data migration, and go-live support. Charged as professional services engagements separate from SaaS subscription.
4. Managed Services: Ongoing managed services providing continuous support and improvements to insurance SaaS systems beyond initial implementation.
5. Regulatory Reporting BPO: Full business process outsourcing (BPO) solution for regulatory submission management, offered as part of regul8 v10 cloud deployments with Regulatory-Reporting-as-a-Service model.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Hubio is a cloud-based SaaS technology provider for Canadian Property and Casualty insurers, offering three integrated software platforms: regul8 for regulatory and statistical reporting to bodies such as IBC, GAA, GISA, and Facility Association Risk Sharing Pools; collabor8 for digital broker/customer interaction including quote, bind, and real-time policy inquiry; and communic8 for data integration between insurance core systems, broker management systems, and third-party data providers. The company also offers pre-built accelerators such as regul8 Connect for Guidewire PolicyCenter and ClaimCenter integration.

Product overview

Hubio is a cloud-based SaaS technology hub for Property & Casualty (P&C) insurers in Canada, offering a modular platform of three integrated products: regul8 (regulatory and statistical reporting), communic8 (data integration hub), and collabor8 (digital broker/customer interaction platform). The regul8 product suite covers regulatory reporting to Canadian bodies (GISA, IBC, GAA, FA Risk Sharing Pools), including the regul8 Connect accelerator for Guidewire-integrated environments and the v10 cloud-native architecture. The communic8 suite handles data integration with third-party providers, broker management systems, and includes the communic8 Bordereau module for MGA-to-carrier submissions. The collabor8 suite provides digital broker and policyholder experiences including the cloud-native collabor8 cloud platform and specialized solutions like the Farm Builder/Bloom portal for agribusiness insurance.

Differentiator

Problem solved

Functional benefit

Brands

• regul8: The only turnkey data platform specialized in managing and delivering all regulatory reporting functionality for Canadian P&C Property & Casualty insurance companies.
• collabor8
• communic8
• regul8 Connect

Products and services

• regul8 A cloud-based SaaS regulatory and statistical reporting platform for Canadian P&C insurers that automates submission of data to regulatory bodies including GISA, IBC, GAA, and Facility Association Risk Sharing Pools, with built-in dashboards, error correction, and reconciliation to source data and general ledger. Supports Regulatory-Reporting-as-a-Service and full BPO outsourcing.
• regul8 Connect A pre-built accelerator integrating Guidewire PolicyCenter and ClaimCenter with Hubio's regulatory reporting solution, automating data extraction and formatting to meet Canadian regulatory requirements (IBC, GAA, FA RSP).
• collabor8 A digital platform enabling frictionless real-time interaction between insurance agents/customers and insurance companies, supporting quote and bind transactions, policy inquiries, and multi-line P&C digital broker experiences via cloud-native SaaS architecture on AWS with MEAN stack.
• communic8 A data integration hub that simplifies communication between insurance company systems and third-party data providers, suppliers, and broker management systems, enabling secure data transmission and EDI connectivity with CSIO certification for eDocs.

Quantifiable outcome

• 40% of Canadian P&C direct written premiums processed through Hubio's products
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Deloitte CanadacoreImplementation/ SI/ Consulting Partner · 24 October 2019Deloitte Canada integrated Hubio's regul8 within its InsurCloud solution, a cloud-based core operating suite for small and mid-sized insurers combining Guidewire InsuranceSuite with Deloitte's technology. Both Deloitte and Hubio are Guidewire PartnerConnect members. The partnership enables insurers to smoothly transition regulatory reporting from legacy providers when migrating to InsurCloud.
• Guidewire SoftwarecoreTechnology or Integration · 6 November 2017Hubio joined Guidewire PartnerConnect as a Solution member and published the first Ready for Guidewire accelerator (regul8 for PolicyCenter) on Guidewire Marketplace. The accelerator automates regulatory data extraction from Guidewire PolicyCenter and ClaimCenter, formatting it to meet Canadian regulatory requirements. The partnership was expanded in 2022 to bring seamless Workers' Compensation regulatory reporting to the cloud. In 2023, Hubio joined the first cohort of Guidewire Data Partners.
• Amazon Web Services (AWS)coreTechnology or Integration · 6 November 2017Hubio deploys all its SaaS platforms (collabor8, communic8, regul8) on AWS cloud infrastructure. The company uses AWS services including Glue, Lambda, Batch, ECS, S3, RDS, CloudTrail, and GuardDuty. collabor8 Cloud uses AWS for secure 24/7 access. Hubio attended AWS Summit Toronto 2025 to explore practical AI applications.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Duck Creek Technologies: Duck Creek is a SaaS provider for P&C insurers offering policy, billing, and claims core systems. It competes with Hubio's collabor8 in broker/insurer digital interaction and with parts of the broader workflow Hubio addresses through integration with Guidewire.
• Prima Solutions: Prima Solutions delivers SaaS core insurance platforms (Prima XL and Prima P&C) for specialty and commercial lines insurers. Its bordereau management and broker portal capabilities overlap directly with Hubio's communic8 and collabor8 products.
• EIS Group: EIS provides a cloud-native core insurance platform with policy administration, billing, and claims for P&C and life insurers. It overlaps with Hubio in serving mid-to-large P&C carriers seeking modern, digitally enabled core systems.
• Insurity: Insurity provides core insurance software, analytics, and digital solutions for P&C insurers. Like Hubio, it serves property and casualty carriers with cloud-based workflows, and overlaps in policy administration, regulatory/statutory reporting, and broker connectivity.
• Majesco: Majesco provides cloud-based core insurance software (P&C and L&A) including policy administration, billing, and claims. Its P&C suite competes in adjacent areas with Hubio's products, particularly around digital distribution and broker connectivity.

Emerging players

• Socotra: Socotra offers a modern cloud-native core insurance platform aimed at insurers seeking API-first, microservices-based architecture. As an emerging player, it overlaps with Hubio's cloud-native approach and broker connectivity ambitions, particularly for digital-first insurers.

Broad incumbents

• Sapiens International: Sapiens offers core insurance software solutions for P&C, life, and reinsurance, including regulatory and compliance capabilities. It competes at the platform level with Hubio's adjacent offerings and serves similar insurance carrier customers globally.
• Guidewire Software: Guidewire is the dominant core insurance platform for P&C insurers globally and Hubio's most important technology partner. While Hubio is a Solution Partner, Guidewire's InsuranceSuite competes at the core platform level and could expand into regulatory reporting, making it both Hubio's biggest channel and its largest competitive threat.

Others

• Deloitte (InsurCloud): Deloitte Canada is Hubio's strategic partner and reseller via its InsurCloud offering, which bundles Hubio's regul8 with Guidewire InsuranceSuite. While not a direct competitor in regul8 itself, Deloitte's broader insurance consulting and system integration practice competes for adjacent transformation budgets.

Regional players

• Vertafore: Vertafore is a leading insurance technology provider for the US P&C market, focused on agency/carrier connectivity and workflow automation. While geographically focused on the US, it competes with Hubio's communic8 and collabor8 in broker-insurer data exchange and integration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hubiotech
• LinkedInlinkedin.com/company/10420929

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A2 records

Investments

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

Frequently asked questions about Hubio