
A no-code insurance platform for carriers and MGAs to rapidly launch, optimize, and scale digital insurance products.
Vendor
Instanda
Company Website
INSTANDA is a leading no-code platform designed for insurance carriers and MGAs to accelerate the launch of new products, optimize existing ones, scale portfolios, and transform pricing and coverage capabilities. It empowers business teams to create and manage digital insurance products with ease, acting as a core Policy Administration System (PAS) or integrating with existing architectures. The platform is cloud-native, auto-scaling, and offers enterprise-grade security and uptime. INSTANDA provides infinite configurability, democratizes technology for business teams, and simplifies workflows for enhanced customer experience. It supports product design, automation, policy administration, distribution, data capabilities, ecosystem connectivity, and platform security. The solution is compatible with legacy systems through advanced APIs and is a fully no-code configuration-driven solution enabling self-sufficiency in product builds, question sets, ratings, documents, and emails. INSTANDA is hosted on Azure and offers full insurance product creation, quote-and-bind across B2C, B2B, and B2B2C channels, policy administration, customer and broker self-service, and payment integrations. It allows for user journey design, interface customization, and mobile-friendly responsive layouts. Core functionalities include FNOL claims administration, configurable question sets, rating engines, and document generation. INSTANDA operates on an agile release cycle with regular updates and offers training for configurators.
Features & Benefits
- No-Code Product Creation: Enables business teams to independently design, build, and maintain insurance products, including question sets, ratings, and documents.
- Policy Administration System (PAS): Serves as a core system for managing insurance policies, supporting quote-and-bind, policy administration, and customer/broker self-service.
- Scalable & Secure Architecture: Cloud-native and auto-scaling on Azure, offering enterprise-grade security, uptime, and global support.
- Integration Capabilities: Advanced APIs allow seamless integration with third-party technologies and existing systems for efficient data sharing.
- Agile Release Cycle: Regularly introduces new features and updates based on client demands and market trends, with opt-in controls for new functionality.