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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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Top Life Insurance Policy Administration Systems Companies

Showing 10 of 1 companies ranked by annual revenue.

1
OnboardXi

Fort Scott, Kansas, United States

Say goodbye to the frustrating and fragmented life insurance onboarding experience. OnboardXi is the transformative solution life insurance companies and MGA/IMOs need. Time-consuming, fragmented, and error-prone operational processes create friction-filled experiences for agents, clients, and carriers. But the inflection point is here. Modern clients expect a seamless digital journey, and younger talent is seeking the competitive efficiency created by highly automated, streamlined and intuitive workflows. Our low-code/no-code platform and data-driven approach enable quick, efficient and compliant client onboarding, creating a better experience for all parties: agents, insurance companies, carriers, and end clients. Follow us and visit us at www.onboardxi.io

Revenue
$220K
Customers
-
Year founded
2021
Funding
-
Team size
2
Growth
-

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.