What PCIS Knowledge Infused Technology does

PCIS Knowledge Infused Technology, legally P&C Insurance Systems, Inc., is a family-owned, private SaaS vendor headquartered in New York City that has served the U.S. and Canadian P&C insurance industry for 38 years (predecessor LDS founded in the 1980s; PCIS incorporated in 2001). The company builds and delivers ClaimsVISION, a multi-line claims administration platform covering Workers' Compensation, General Liability, Commercial Auto, Property, Professional Liability, Med Mal, and Excess & Surplus lines, and CompVISION, an end-to-end workers' compensation policy administration system spanning quoting, rating, policy issuance, premium accounting, audit, and NCCI compliance across all 50 states. The platform is built on Microsoft infrastructure with a proprietary configurable rules engine, a B2B interface layer, and pre-integrations to ISO ClaimsSearch, OFAC Compliance Service, and the Injury Reporter for 37 states, delivered primarily as multi-tenant SaaS with optional on-premise deployment for remote clients such as Alaska public entities.

PCIS targets three core buyer segments: risk managers at public entities and large corporations, insurance carriers from Tier 1 to regional MGAs, and third-party administrators and risk pools, with a horizontal segmentation approach across these verticals. Revenue is generated through annual SaaS subscriptions (priced by module, user, or claim volume) plus implementation, data migration, and maintenance professional services; the company highlights a 100% contractual guarantee of implementation success. Distribution is direct enterprise field sales with no channel or reseller partners, supplemented by an active presence at industry conferences such as RIMS, PRIMA, and IASA. Notable customers include the City of New York, County of Los Angeles, Ryder System, XL Global Services, Alaska Municipal League Joint Insurance Association, Maryland DOT MTA, SEPTA, and City of Baltimore, with one Tier 1 carrier running a $1.85 billion book on the system. The company has cumulatively processed more than 3.675 million claims and delivered over $250 million in software and services across its history, remaining independent under family ownership without venture capital or private equity backing, led since April 2022 by CEO Georgette Loizou, the second CEO in company history.

Name

PCIS Knowledge Infused Technology

Legal name

P&C Insurance Systems, Inc.

Website

https://pcisvision.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

PCIS (P&C Insurance Systems, Inc.) is a family-owned, private SaaS vendor serving the U.S. P&C insurance market with multi-line claims administration (ClaimsVISION) and workers' compensation policy administration (CompVISION) platforms for public entities, carriers, TPAs, and risk pools.

Ownership category

akta.pro rank

Product category

Insurance Claims and Risk Management Software

NAICS

Computer Systems Design and Related Services (5415), Computer Systems Design and Related Services (54151)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Eligibility, Coverage Verification & Policy Administration Support (BPAAAFAC)

Keywords

• Insurance claims software
• Workers compensation policy administration
• Risk management information systems
• Multi-line claims processing
• FROI SROI EDI reporting

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

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/Software-as-a-Service Subscriptions: Annual subscription fees for ClaimsVISION and CompVISION platforms delivered via cloud/SaaS. Pricing based on modules, users, or claim volume. Deployment options include hosted/SaaS or on-premise for remote Alaska clients.
2. Professional Services: Implementation, data migration (mentioned migrating 30 years of data, 500,000+ claims, 80,000 vendor records, 1.9 million documents), and maintenance services. Described as account-centric, methodical, full-service approach.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

PCIS sells enterprise SaaS software for property & casualty insurance carriers, TPAs, public-entity risk pools, and self-insured employers. Its ClaimsVISION platform administers multi-line commercial claims (Workers' Comp, General Liability, Auto, Property, Professional Liability, Med Mal, E&S) from intake to close, while CompVISION handles end-to-end 50-state Workers' Compensation policy administration, rating, billing, and NCCI reporting. Add-on modules cover RMIS, No Touch FROI/SROI EDI automation, permanent disability rating, specialty lines, and a low-code forms builder, all delivered on a configurable rules engine and SOA architecture.

Product overview

PCIS offers a platform-plus-modules architecture centered on two core SaaS products: ClaimsVISION (multi-line claims administration) and CompVISION (workers' compensation policy administration). These integrate with specialized modules including ClaimsVISION RMIS for risk management, No Touch FROI/SROI for automated compliance reporting, GenRATE for permanent disability rating, and Specialty Lines for E&S claims. The platform features a configurable rules engine, proprietary B2B interface layer for integrations, and is delivered via SaaS with optional on-premise deployment.

Differentiator

Problem solved

Functional benefit

Brands

• ClaimsVISION: Multi-line SaaS claims administration solution handling claims from intake to close for all commercial lines including Work Comp, General Liability, Property, Commercial Auto, Professional Liability, Med Mal, Excess & Surplus.
• CompVISION

Products and services

• ClaimsVISION

Quantifiable outcome

• NYC reduced time from employee incident to case review by 75% through ClaimsVISION implementation
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability8 records

Feature8 records

Partnerships

Four partnerships are on record, tiered core.

• ISO / Verisk AnalyticscoreTechnology or IntegrationPCIS' premier partner for FROI/SROI reporting, ClaimsSearch, OFAC Checking, and more. Pre-integrated bi-directional ISO ClaimsSearch. ISO works with 37 states for electronic reporting of FROIs and SROIs. PCIS interface validates data before state reporting, eliminating errors and fines.
• MicrosoftcoreTechnology or IntegrationTechnology partner providing infrastructure for SaaS platform. ClaimsVISION integrates with Microsoft suite of products including Power BI for advanced analytics. Long-term commitment to helping customers realize their full potential through technology.
• Internap (INAP)coreTechnology or IntegrationPCIS' designated data center partner offering the latest and most secure SOC II Type 2 facilities available. Provides high-performance Internet infrastructure across global network of data centers.
• EquorumcoreTechnology or IntegrationPre-integrated imaging and document management partner. eQuorum has been helping organizations organize and secure documents, elevate productivity, and increase collaboration for over 20 years. Pre-integrated with ImageSite.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Riskonnect: Integrated risk management and RMIS platform for enterprises, insurers, and TPAs. Competes with PCIS' ClaimsVISION RMIS for risk manager and corporate buyer segments; differentiated by broader enterprise GRC capabilities.
• Insurity: P&C insurance software platform providing policy administration, claims, billing, and analytics for carriers and MGAs. Competes with PCIS in the carrier/MGA segment, with broader product suite but typically less specialization in workers' comp policy and public-entity compliance.
• Guidewire Software: Largest independent P&C insurance core platform vendor serving Tier 1 carriers, MGAs, and TPAs with policy, claims, and billing suites. Direct competitor to ClaimsVISION/CompVISION in the carrier segment, though Guidewire typically wins larger global carriers while PCIS wins mid-market and public entities.
• Duck Creek Technologies: Cloud-native P&C insurance SaaS suite for policy, claims, and billing. Competes head-to-head with PCIS for new carrier and TPA wins; differentiated by broader product breadth and VC-backed scaling, while PCIS differentiates through depth in workers' comp and public-entity compliance.
• Origami Risk: Cloud-native RMIS, claims, and analytics platform serving insurance carriers, TPAs, risk pools, and large self-insureds. Closest peer in targeting risk pools, public entities, and TPAs — directly competes for the same buyer segments PCIS serves with ClaimsVISION and RMIS modules.
• Majesco: Cloud-native P&C and L&A insurance core platform for carriers, MGAs, and TPAs. Competes with PCIS in the carrier and MGA segment with P&C Suite that overlaps ClaimsVISION/CompVISION functionality; differentiated by newer cloud-native architecture.
• Ventiv Technology: Risk management, claims, and insurance software serving insurers, TPAs, and large corporations. Historically a strong RMIS/claims competitor with overlap in commercial lines claims and risk pooling, comparable to PCIS' ClaimsVISION footprint.

Broad incumbents

• Sapiens International: Insurance software provider offering core platforms for P&C, life, and reinsurance. Competes with PCIS in the broader carrier software market; broader portfolio across multiple lines of business gives it incumbent advantages where buyers want a single vendor across lines.
• EIS Group: Insurance core platform for P&C, life, and health carriers competing for Tier 1 carrier RFPs that PCIS also pursues (e.g., XL Global Services). Broad incumbent with global footprint and modern cloud architecture but typically targets larger, more complex carriers.

Emerging players

• Zywave: Insurance technology provider serving agents, brokers, MGAs, and carriers with content, analytics, and now operational systems. Adjacent competitor with growing overlap in policy/claims workflows for MGAs and small carriers that overlap PCIS' TPA and pool customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PCIS.CompVISION.ClaimsVISION
• LinkedInlinkedin.com/company/3329493
• Xx.com/pcisvision

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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 PCIS Knowledge Infused Technology