InCubis
InCubis is a Croatian software company that builds the CUBIS all-in-one insurance administration platform covering policy, claims, collections, and financial operations. It sells directly to enterprise insurance carriers across Central and Eastern Europe via quote-based enterprise contracts.
- Company typePrivate
- Founded1990
- HeadquartersGornja Rijeka, Croatia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What InCubis does
InCubis is a Croatian insurance-software vendor founded in 1990 and headquartered in Rijeka, Croatia, that develops the CUBIS platform — an all-in-one insurance administration suite covering underwriting, policy administration, claims processing, collections, document management, and financial operations (BizCUBIS). The architecture is modular, centered on CUBIS Core Insurance System and supplemented by add-on modules including CUBIS Catalyst for product configuration, CUBIS Compose for sales and configuration, and ChatGPT Applications for AI-assisted workflows. CUBIS also exposes an API layer designed for embedded insurance distribution, enabling carriers to integrate coverage offerings into third-party digital platforms. The platform supports non-life, life, health, and embedded insurance segments and is marketed on the basis of eliminating fragmented software stacks and minimizing operational risk.
The company operates a direct enterprise field-sales motion targeting insurance carriers across Central and Eastern Europe, primarily Croatia, using a "Request a presentation" (Zatražite prezentaciju) call-to-action and quote-based, non-publicly-disclosed pricing consistent with enterprise recurring licensing. Named customers include UNIQA, Wiener, Camelia, Triglav, Wiener Osiguranje, and HOK (Croatian Chamber of Economy). InCubis is privately held, with no disclosed funding rounds, institutional investors, parent company, subsidiaries, mergers, acquisitions, or leadership changes. The firm employs 11-50 staff and supplements its direct sales motion with LinkedIn presence and content marketing on insurance topics such as time-to-market, system modernization, and AI-powered claims automation.
Strategically, InCubis positions itself on three decades of insurance domain expertise, regulatory and cybersecurity compliance, integration interoperability, and now AI-augmented workflows. The principal strategic pivot observable in the inputs is the move toward embedded insurance via API architecture and the addition of ChatGPT-based features — both of which represent attempts to broaden the addressable market beyond traditional CEE carrier customers into partner-platform distribution and AI-enhanced modernization.
InCubis firmographics
Firmographics- Name
- InCubis
- Legal name
- InCubis
- Website
- https://incubis.hr
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- InCubis is a Croatian software company that builds the CUBIS all-in-one insurance administration platform covering policy, claims, collections, and financial operations. It sells directly to enterprise insurance carriers across Central and Eastern Europe via quote-based enterprise contracts.
- Ownership category
- akta.pro rank
InCubis industry classification
Industry- Product category
- Insurance Core Systems Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
- akta.pro secondary industries
- iPaaS (Cloud Integration Platforms) (HDAEAIAB), API Management Platforms (API Gateways, Developer Portals) (HDAEAIAA)
Keywords
Where InCubis is headquartered
LocationHeadquarters
- HQ city
- Gornja Rijeka
- HQ country
- Croatia
- HQ region
- Europe
Offices1 record
Markets served
InCubis business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Insurance Software Platform Licensing: CUBIS platform licensing to insurance companies for policy administration, claims processing, and related operations. The all-in-one platform model suggests recurring licensing revenue with implementation and customization services.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
InCubis product offering
Product offeringCore offering
InCubis builds and licenses the CUBIS platform — an all-in-one insurance software suite covering policy administration, claims management, billing, and distribution support. The platform is sold to insurance companies in Central and Eastern Europe as an integrated core system, supplemented by implementation and support services.
Product overview
InCubis offers the CUBIS suite, a comprehensive all-in-one platform for insurance companies with 30+ years of industry experience. The platform follows a modular architecture centered on CUBIS Core Insurance System as the core product, supplemented by specialized modules including CUBIS Catalyst, CUBIS Compose, ChatGPT applications (AI-powered), Product Sales and Configuration, Policy Administration, Claims Management, Collections Management, and BizCUBIS Financial System. The platform supports all insurance segments: non-life, life, health, and embedded insurance.
Differentiator
Problem solved
Functional benefit
Brands
- CUBIS Catalyst: Component of the CUBIS insurance platform for insurance operations management.
- CUBIS Compose
- CUBIS Core Osigurateljni sustav
- BizCUBIS Financijski sustav
- ChatGPT aplikacije
Products and services
- CUBIS Platform An integrated, all-in-one insurance software platform covering policy administration, claims management, billing, and front-office operations for insurance carriers in Central and Eastern Europe.
Quantifiable outcome
- Elimination of need for multiple software systems
- +2 more outcomes
Companies that use InCubis
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles1 record
InCubis technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature15 records
InCubis partnerships and signals
Strategic signalScale indicators2 records
Recent moves3 records
Expansion highlights5 records
InCubis competitors and assessment
Company assessmentRegional players
- Adacta: Slovenia-based insurance software provider serving Central and Eastern European carriers. Closely comparable in geography, customer profile, and platform-style product, making it a strong regional peer to InCubis.
- RGI Group: European insurance software vendor with strong presence in Italy, France, DACH, and CEE, providing core systems, policy admin, and claims — a comparable regional peer to InCubis's footprint.
Emerging players
- Fineos: Cloud-native insurance software vendor focused on life, accident, and health insurance core systems — adjacent direct competitor, particularly in the health and life insurance modules CUBIS also offers.
Direct peers
- Guidewire Software: Leading global provider of core insurance software (PolicyCenter, ClaimCenter, BillingCenter). Direct competitor to CUBIS in the insurance core systems and policy administration market, though focused on tier-1 carriers globally.
- EIS Group: Provider of a digital insurance platform for life, health, and P&C carriers, competing with CUBIS in core systems, underwriting, and digital engagement.
- Tia Technology: Insurance software platform serving European (including DACH and CEE) carriers with policy admin and claims — a like-for-like competitor to InCubis in the regional mid-tier market.
- Sapiens International: Global provider of insurance software platforms for property/casualty, life, and reinsurance, including policy admin, claims, and billing — a direct competitor to CUBIS's all-in-one value proposition.
- Majesco: Cloud-native insurance platform vendor covering P&C, life, group, and health core systems, directly overlapping with CUBIS's policy, claims, and billing modules.
- Duck Creek Technologies: Cloud-native insurance core and policy administration platform competing directly with CUBIS in underwriting, policy, billing, and claims for P&C and life insurers.
Broad incumbents
- Cognizant: Large global IT services and consulting firm that builds, modernizes, and integrates insurance core systems for major carriers. Represents the build/outsource alternative to buying CUBIS.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
InCubis social profiles
Digital presenceInCubis financial estimates
Financial estimateRevenue estimate
Valuation estimate
InCubis leadership team
Management profileNumber of profiles
InCubis funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InCubis 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 InCubis
What does InCubis do?
InCubis builds and licenses the CUBIS platform — an all-in-one insurance software suite covering policy administration, claims management, billing, and distribution support. The platform is sold to insurance companies in Central and Eastern Europe as an integrated core system, supplemented by implementation and support services.
Is InCubis a public or private company?
InCubis is a private company. It is classified as unknown and is currently operating.
When was InCubis founded?
InCubis was founded in 1990. It employs 11 to 50 people.
Where is InCubis based?
InCubis is headquartered in Gornja Rijeka, Croatia, in the Europe region.
How does InCubis make money?
One revenue line is on record: insurance Software Platform Licensing.
Who are InCubis's main competitors?
Regional players on record are Adacta and RGI Group. Fineos is listed as an emerging player. Direct peers are Guidewire Software, EIS Group, Tia Technology, Sapiens International, Majesco and Duck Creek Technologies. Cognizant is listed as a broad incumbent.
Does InCubis have an API?
Yes. CUBIS API architecture enables insurers to easily integrate products with external platforms, providing customers with a seamless insurance purchasing experience in just a few clicks. Embedded insurance approach opens new revenue opportunities and enables rapid creation, launch, and adjustment of offerings according to growing market needs.
What industry is InCubis in?
InCubis's product category is Insurance Core Systems Software. Its primary akta.pro industry code is FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms, with a secondary code of HDAEAIAB, iPaaS (Cloud Integration Platforms). Its NAICS code is 513210 and its SIC code is 7372.