What AuSuM Systems does

AuSuM Systems positions itself as a provider of insurance software solutions, headquartered in Miami Beach, Florida and founded in 1994. The firmographic indicates a small organization of 11-50 employees, though the substantive product and customer data describe a platform serving more than 500 insurance organizations including major carriers such as Chubb, Everest, Zurich North America, and Nationwide. The offerings center on a cloud-based P&C insurance software platform spanning core policy administration (Policy Decisions), modular suites for MGAs and specialty carriers (Pro Suite, Marine Suite, Workers' Comp Suite), and analytics/operations modules (Premium Audit, Loss Control, SpatialKey geospatial analytics, Billing-as-a-Service). AI capabilities are embedded across underwriting, compliance, claims, and operations workflows, with stated features including 45-second risk assessment, 75% reduction in premium audit reviewer time, and automated regulatory rate/rule/form updates.

The underlying technology architecture is modular and cloud-based, enabling carriers to adopt components incrementally without re-platforming, while a built-in regulatory content layer automatically updates insurance rates, rules, and forms. The go-to-market is enterprise field sales targeting CIO, COO, and Chief Underwriting Officer-level buyers at carriers, MGAs, and TPAs, supported by industry conferences, case-study marketing, and thought-leadership content. Revenue is generated primarily through subscription-based software licensing of the platform and its modules. The customer base spans commercial lines carriers, MGAs, specialty insurers, marine cargo underwriters, workers' comp carriers, and TPAs, with notable long-tenured relationships including a 30-year collaboration with Zurich North America and named deployments at Amerisure, Juniper Re, N2G Worldwide Insurance Services, Generali GCC, Waypoint Mutual, Victory Insurance, and UBIC.

A material inconsistency exists between the firmographic profile (11-50 employees, founded 1994, Miami Beach) and the substantive data describing a much larger enterprise software platform with hundreds of customers, a flagship annual AI conference, and active global expansion. This suggests either a data attribution error or that AuSuM Systems operates at materially different scale than the firmographic indicates, and this gap materially affects any revenue or growth-rate inference drawn from the input.

Name

AuSuM Systems

Legal name

Insurity LLC

Website

https://ausum.net

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

AuSuM Systems provides cloud-based P&C insurance software spanning policy administration, billing, claims, geospatial analytics, and embedded AI to 500+ insurers, MGAs, and TPAs including Chubb, Zurich, Everest, and Nationwide.

Ownership category

akta.pro rank

Product category

P&C Insurance Software

NAICS

Software Publishers (513210), Software Publishers (5132)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Model Risk Management & AI Governance (validation, monitoring, explainability) (FSAGAFAL)

akta.pro secondary industry

Enterprise AI Governance, Risk & Compliance Platforms (Model Risk, Audit, Policies) (HDAEANAE)

Keywords

• P&C insurance software
• Policy administration platform
• Insurance underwriting analytics
• Claims management software
• Insurance billing solutions

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Platform Licensing: Subscription-based access to core insurance software platforms including Policy Decisions, Pro Suite, Marine Suite, Workers' Comp Suite, and analytics tools. Platform supports policy administration, billing, claims, and premium audit functions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

AuSuM Systems is an insurance software solutions provider offering a unified cloud-based platform for property & casualty insurers. The platform includes core policy administration systems (Policy Decisions, Pro Suite, Marine Suite, Workers' Comp Suite), analytics and intelligence modules (Premium Audit, Loss Control, SpatialKey geospatial analytics), and Billing-as-a-Service. AI capabilities are embedded across underwriting, compliance, claims, and operations workflows to help carriers, MGAs, and TPAs launch products faster and scale operations.

Product overview

Insurity is a unified platform that brings AI, analytics, and core insurance software together to help insurers launch new products faster and accelerate profitable growth. The platform consists of core policy administration systems (Policy Decisions, Pro Suite, Marine Suite, Workers' Comp Suite) complemented by analytics and intelligence modules (Premium Audit, Loss Control, SpatialKey) and billing services (Billing-as-a-Service). AI capabilities are embedded across the platform to enable better underwriting decisions, workflow automation, and pattern detection.

Differentiator

Problem solved

Functional benefit

Brands

• Policy Decisions: Policy administration built for regulatory complexity
• Pro Suite
• Marine Suite
• Workers' Comp Suite
• Premium Audit
• Loss Control
• SpatialKey
• Billing-as-a-Service
• AI at Insurity

Products and services

• Policy Decisions Modern policy administration platform handling complex policies, regulatory change, and product launches for commercial and specialty lines insurance. Built for insurers needing to operate in highly regulated markets.
• Pro Suite Modular core software enabling MGAs and growing specialty carriers to access enterprise-grade policy, billing, and claims capabilities at a fraction of the cost of other core platforms.
• Marine Suite Platform for marine cargo insurance supporting global shipping, sanctions screening, faster onboarding, and certificate issuance for rapidly shifting trade routes.
• Workers' Comp Suite Core software designed specifically for workers' compensation insurance, including premium audit, complex claims lifecycles, and regulatory demands unique to workers' comp.
• Premium Audit Modern premium audit tools enabling insurers to audit every eligible policy with a 75% reduction in reviewer time and 100% virtual audit coverage.
• Loss Control Loss control software designed to prevent claims with more proactive and faster surveys for risk assessments.
• SpatialKey Embedded geospatial analytics platform providing exposure understanding, accurate risk pricing, and portfolio accumulation management directly within underwriting workflows.
• Billing-as-a-Service Managed billing service removing the cost and complexity of running billing infrastructure for insurers so they can issue policies faster and simplify payments and collections.
• AI at Insurity AI capability layer embedded across core insurance workflows (underwriting, compliance, claims, operations) delivering AI-driven decisioning, automation, regulatory intelligence, predictive analytics, and anomaly detection.

Quantifiable outcome

• 45 seconds to assess a risk (UBIC)
• +5 more outcomes

Named customers15 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature8 records

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Majesco: Cloud-based core insurance software provider for P&C and L&A carriers as well as MGAs. Directly comparable product breadth (policy, billing, claims) and overlapping target customer segments.
• Duck Creek Technologies: Cloud-native P&C core systems vendor serving carriers and MGAs with policy, billing, and claims platforms. Competes head-to-head with Insurity in the mid-market and MGA segments and on cloud-native architecture.
• EIS Group: Core insurance platform vendor offering policy administration, billing, claims, and digital engagement for large global insurers. Competes with Insurity in the enterprise Tier-1 carrier segment.
• Sapiens International: Global provider of insurance software platforms for P&C, life, and reinsurance. Offers comparable core systems, data analytics, and digital engagement capabilities to large and midsize insurers.
• Guidewire Software: The dominant provider of core P&C insurance software (PolicyCenter, BillingCenter, ClaimCenter) to large global carriers. Directly competes with Insurity's Policy Decisions and Pro Suite in the same enterprise buyer segment.

Broad incumbents

• Salesforce Financial Services Cloud: Cloud platform incumbent offering insurance industry-specific CRM, agent engagement, and increasingly policy/claims workflows. Competes with Insurity on the customer engagement and distribution layer of the insurance stack.
• Verisk: Data analytics and risk assessment provider for P&C insurance with embedded underwriting and claims analytics. Adjacent competitor to Insurity's SpatialKey and AI-driven underwriting capabilities.
• Oracle Insurance: Broader enterprise software incumbent offering insurance-specific policy administration, claims, and analytics within its wider application portfolio. Competes with Insurity in large enterprise deals where breadth of suite matters.

Emerging players

• Socotra: Cloud-native insurance core platform targeting insurers and MGAs with a modern, API-first architecture. An emerging competitor focused on displacing legacy systems at smaller and mid-market carriers.
• Tia Technology: Cloud-based insurance software suite for product configuration, underwriting, and claims. Targets European and global insurers with a modern platform approach comparable to Insurity's modular philosophy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Insurity
• LinkedInlinkedin.com/company/insurity

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 AuSuM Systems