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Top 2 Insurance Policy Administration Systems Companies With $5M–$10M Revenue (September 2026)

As of September 2026, Latka tracks 2 insurance policy administration systems companies with $5M–$10M in annual revenue. They have combined revenues of $14.8M and employ 121 people. They have raised $6M and serve 1K customers combined.

Every company below sells insurance policy administration systems to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Insurance Policy Administration Systems Companies do

Insurance Policy Administration Systems (PAS) are comprehensive software solutions that manage the lifecycle of insurance policies from inception to termination. These systems facilitate key functions such as quoting, underwriting, policy issuance, billing, claims processing, and renewals, enabling insurers to streamline operations and enhance customer service. The primary use cases for PAS include automating routine administrative tasks, improving data accuracy, and ensuring compliance with regulatory requirements. Typical features often include policy data management, integration with claims and billing systems, document generation capabilities, and analytics tools to support business intelligence and decision-making. Common buyer personas for these systems include IT managers, operations executives, compliance officers, and product managers within insurance companies. These roles seek solutions that can enhance operational efficiency, reduce manual errors, and provide a seamless experience for both agents and policyholders.

Companies
2
Revenue
$14.8M
Funding
$6M
Employees
121

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Top Insurance Policy Administration Systems Companies With $5M–$10M Revenue

Showing 2 of 2 companies ranked by annual revenue.

1BriteCore logo
BriteCore

San Mateo, California, United States

BriteCore is a cloud-native core insurance platform for P&C insurers that unlocks business growth, delivers greater productivity, and provides a modern customer experience. With the BriteCore Platform, insurers easily administer policies, manage billing and claims, rapidly configure new products, and access detailed reporting and analytics in an all-in-one core system, including agent and policyholder portals. Trusted by over 90 insurers across North America, BriteCore’s policy administration solution enables midsize carriers and MGAs to efficiently manage their insurance operations and effectively compete with the largest providers. For more information, visit www.britecore.com.

Revenue
$9.5M
Year founded
2009
Team size
86
2Insly logo
Insly

Warszawa, Poland

Developer of an insurance broker software offering insurance policy management for insurance brokers and agents, as well as MGAs and wholesale. The company's cloud based insurance policy management software offers an easy to use interface to search and manage clients, policies, objects and payments, sales workflow, accounting and billing management including invoice creation, automatic emailing and payment mapping as well as offers easy customization, online cloud storage and customer support, enabling insurance agents and brokers to manage sales from start to finish and administrate all insurance policies.

Revenue
$5.3M
Customers
1K
Year founded
2000
Funding
$6M
Team size
35

Frequently asked questions about Insurance Policy Administration Systems Companies With $5M–$10M Revenue

How many insurance policy administration systems companies with $5M–$10M in annual revenue are there?

Latka tracks 2 insurance policy administration systems companies with $5M–$10M in annual revenue. Together they generate $14.8M in annual revenue and employ 121 people.

Which insurance policy administration systems company with $5M–$10M in annual revenue is the largest?

BriteCore is the largest, with $9.5M in annual revenue, founded in 2009.

How much revenue does a typical insurance policy administration systems company with $5M–$10M in annual revenue make?

The average insurance policy administration systems company in this list makes $7.4M a year, across 2 companies with reported revenue. They serve 1K customers combined.

Who are the leading Insurance Policy Administration systems vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are BriteCore and Insly.

How much funding have insurance policy administration systems companies with $5M–$10M in annual revenue raised?

The 2 insurance policy administration systems companies with $5M–$10M in annual revenue tracked here have raised $6M in disclosed funding between them.

Related Vertical Industry Software categories

All Vertical Industry Software SaaS categoriesEvery category we track inside Vertical Industry Software, each ranked by revenue.Browse every SaaS industryThe full A-Z of SaaS categories Latka tracks, from Insurance Policy Administration to everything else.

Inclusion Criteria

- The product must support the full policy lifecycle from quoting to claims processing. - It should include functionalities for underwriting, billing, and document generation. - Must provide integration capabilities with other systems like CRM and accounting tools. - Should enable regulatory compliance and reporting functionalities. - Not just automate tasks; must also offer analytics tools for business intelligence.