Nsure

What Nsure does

Nsure Systems Inc. is a private insurance technology company that builds and sells Catalyst, a cloud-native, end-to-end SaaS platform for the commercial and specialty insurance market. The platform unifies policy administration, online quote and bind, document and certificate production, multi-currency GAAP financials, binder management, claims management, workflow, and CRM into a single integrated system, with the option to deploy modules individually alongside existing legacy systems. Underlying technology is purpose-built for insurance from the ground up rather than configured from a generic ERP/CRM base, and the company claims deployment in days with scalability from 2 to 2,000 users.

The platform serves four primary customer segments: Managing General Agents (MGAs), brokers, insurance carriers, and Lloyd's/London Market entities. Functional differentiators include a configurable rating engine supporting multi-lingual and multi-currency quoting across diverse classes (Marine, Bloodstock, Property, Energy, Liability), Lloyd's and IUA bureau messaging integration, electronic certificate issuance approved by Lloyd's, and partner-access controls that allow producers, clients, and capacity providers to transact directly inside the system. Power BI and Tableau are supported as plug-and-play BI integrations.

Nsure operates a direct, sales-led, referral-driven go-to-market. The company is headquartered in Hamilton, Canada, with offices in Toronto, Canada and London, United Kingdom, and reports more than 40 customers across the UK, Europe, the US, Canada, Asia, and Australia, including IGI, DUAL, and ADRE. Nsure is privately held with no disclosed institutional investors, management team, funding history, or revenue figures, and its self-positioning as 'the biggest insurtech you've never heard of' signals a lean, product-focused organization with limited external capital and no active marketing investment.

Name

Nsure

Legal name

nsure Systems Inc.

Website

https://nsure.net

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Nsure Systems Inc. is a private insurance technology company that sells Catalyst, a cloud-native end-to-end SaaS platform for policy administration, claims, finance, and reporting, serving MGAs, brokers, insurers, and Lloyd's/London Market carriers across 40+ global customers.

Ownership category

akta.pro rank

Product category

Insurance Technology / InsurTech Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYFSAGAGAB

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

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

SECONDARYFSAGAGAD

Customer Engagement, CRM & Agent/Broker Enablement Platforms

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

Keywords

• Insurance software platform
• Policy administration system
• Claims management software
• Specialty insurance SaaS
• MGA workflow platform

Headquarters

HQ city

Hamilton

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Nsure operates as a SaaS platform offering their Catalyst insurance software on a subscription basis. The integrated SaaS architecture enables rapid deployment and automatic updates, with pricing likely based on user seats or tiered functionality levels.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Nsure sells Catalyst, a cloud-native, end-to-end SaaS insurance platform that handles policy administration, online quote and bind, document production, invoicing and payments, multi-currency GAAP accounting, workflow, CRM, binder management, claims management, and BI integration for MGAs, brokers, insurers, and Lloyd's/London Market carriers in the commercial and specialty insurance markets. The platform is deployed in days rather than months, scales from 2 to 2,000 users, and is offered both as a fully integrated system and as à la carte modules that integrate with existing platforms.

Product overview

Nsure offers Catalyst, a cloud-based end-to-end SaaS insurance platform built as a single integrated system from the ground up. The platform consists of multiple modules including Intelligent Policy Administration, Online Quote and Bind, Document Production with secure certificate issuance, Invoicing and Payments, Financial Module with multi-currency GAAP ledger, Workflow management, CRM, Binder Management, Claims Management, and Plug and Play BI Integration. While designed as a fully integrated platform, clients can access components à la carte and integrate with existing systems, with additional modules activated on demand without deployment.

Differentiator

Problem solved

Functional benefit

Products and services

• Catalyst

Named customers3 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

Integration2 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• Lloyd's of LondoncoreTechnology or IntegrationNsure is integrated with Lloyd's bureau messaging through third party providers, facilitating Lloyd's and IUA business. Catalyst has been proven to handle binder, MGA, Consortia and inhouse broker/MGA facilities for Lloyd's and London Market clients.
• IUA (International Underwriting Association)coreTechnology or IntegrationNsure's Catalyst platform integrates with IUA bureau messaging through third party providers to facilitate London Market business operations and regulatory compliance.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Guidewire Software: The dominant provider of core insurance software (policy, claims, billing) for property & casualty insurers globally. Direct competitor to Nsure's Catalyst platform in policy administration and underwriting, though Guidewire skews to larger carriers while Nsure focuses on MGAs, brokers, and specialty carriers.
• Duck Creek Technologies: Cloud-native SaaS insurance core system covering policy, claims, and billing. Closely comparable to Nsure in delivery model and target buyer (P&C insurers and MGAs), with a much larger sales footprint and customer base.
• Sapiens International: Global provider of insurance software platforms for P&C, life, and reinsurance markets. Comparable to Nsure in offering core policy administration, underwriting, and claims software to insurers and MGAs.
• EIS Group: Digital insurance platform with core, data, and digital engagement capabilities for insurers and MGAs. Comparable to Nsure in providing an end-to-end SaaS platform targeted at insurance carriers and specialty markets.
• Insurity: Insurance software and analytics provider for P&C carriers, MGAs, and reinsurers. Offers policy administration, claims, billing, and analytics — a comparable end-to-end SaaS core system for the same commercial and specialty segments Nsure addresses.
• Prima Solutions: European insurtech offering cloud-based policy administration, underwriting, and claims software for insurers, MGAs, and brokers. Closely aligned with Nsure's MGA/broker focus and its emphasis on rapid product configuration.
• Majesco: Cloud-native insurance software for P&C, life, and health insurers including policy, billing, claims, and analytics. Directly comparable to Nsure's Catalyst in offering a SaaS core platform to commercial and specialty insurers.
• Instec: Specialty insurance software focused on policy administration, rating, and bureau workflows for commercial and specialty carriers. Overlaps with Nsure in serving specialty lines and complex bureau/messaging integrations.

Broad incumbents

• Applied Systems: Leading insurance brokerage and agency management software vendor. Overlaps with Nsure in serving brokers and MGAs, but Applied is a much larger incumbent focused on the brokerage segment with a broader product portfolio.

Emerging players

• Cogitate: Digital insurance platform for MGAs, insurers, and brokers with policy, billing, and claims on a modern cloud stack. Comparable to Nsure as a competing SaaS insurtech targeting the same MGA and broker segments.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/nsure-systems-inc-

Revenue estimate

Valuation estimate

Number of profiles

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 Nsure