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Top 13 Life Insurance Policy Administration Systems SaaS Companies in May 2026

As of May 2026, there are 13 SaaS companies in Life Insurance Policy Administration Systems. They have combined revenues of $241.4M and employ 2.3K people. They have raised $208.7M and serve 6.9K customers combined.

Life Insurance Policy Administration Systems (PAS) are specialized software solutions designed to streamline the management and administration of life insurance policies. These systems help insurers manage various functions such as policy issuance, underwriting, claims processing, and customer service. By automating core workflows, PAS enables insurance companies to enhance operational efficiency, improve accuracy, and respond faster to customer inquiries.

Companies
13
Revenue
$241.4M
Funding
$208.7M
Employees
2.3K

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Sorting: Highest -> Lowest

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Top Life Insurance Policy Administration Systems Companies

Showing 10 of 1 companies ranked by annual revenue.

1
Benekiva

West Des Moines, Iowa, United States

Developer of a blockchain based insurance information platform intended to bridge the gap between life insurance policies and their intended beneficiaries. The company's platform offers proactive beneficiary management and claim management where beneficiaries can complete claims forms electronically, enabling life insurance and investment companies to update policy holder information and better manage beneficiary information.

Revenue
$9.5M
Customers
-
Year founded
2016
Funding
-
Team size
83
Growth
77.47%

Inclusion Criteria

- Must provide comprehensive policy lifecycle management, including issuance, underwriting, and claims processing. - Should support automation features for routine tasks and workflows to improve efficiency. - Must include capabilities for regulatory compliance and reporting specific to life insurance. - Should offer user-friendly interfaces for both insurers and customers, enhancing accessibility. - Must facilitate integration with other systems, such as Customer Relationship Management (CRM) or financial systems. - Not just a basic policy management tool; must also support advanced analytics for performance tracking and decision-making.