Agenium

Cloud-based underwriting and new business platform for life, health, and annuity carriers

Underwriting & Risk Growth PE-Backed

Overview

Agenium is an underwriting and new business technology platform serving life, supplemental health, and annuity insurance carriers. The company offers a cloud-based, no-code SaaS solution that uses dynamic rules, predictive AI, and data analytics to automate underwriting decisions and streamline new business workflows. The platform supports the full underwriting and new business lifecycle for carriers, reinsurers, distributors, insurtechs, and third-party administrators.

The platform includes capabilities for application fulfillment, underwriting decision support, reflexive rules management, integration with external data sources, and advanced quoting. It is hosted on Microsoft Azure and provides open APIs for connectivity to legacy carrier systems and third-party data providers. Customers report straight-through decision rates of 95% with average implementation timelines under 90 days.

Agenium serves 30+ carriers globally with 50,000+ active platform users. In 2025, Main Capital Partners, a European software-focused private equity firm, acquired a majority stake in the company to accelerate expansion in the North American insurance software market. In 2026, the company expanded its partnership with LexisNexis Risk Solutions to integrate digital health data into life insurance underwriting workflows.

Products & Services

Application Fulfillment

An AI-driven application processing module that automates and personalizes the initial stages of the insurance lifecycle, reducing friction in data capture and submission.

Key Features

Automated data collection and validation
Personalized applicant experience
Integration with carrier systems of record

Target Users: Life, health, and annuity carriers handling new business intake

Underwriting Workbench

A machine learning-enhanced decision support environment for underwriters, providing structured workflows and data-driven guidance for complex case assessment.

Key Features

Decision support with ML-based insights
Configurable workflows for different product lines
Audit trail and case management

Target Users: Underwriters at life and health carriers

Reflexive Decision Engine

An adaptive rules engine that enables carriers to modify underwriting logic dynamically without code changes, responding to data patterns and changing market conditions.

Key Features

No-code rules authoring and management
Real-time rule adjustment
Supports high straight-through processing rates (reported 95%)

Target Users: Underwriting operations teams and product managers at carriers

Integration Suite

An AI-powered data connectivity layer that links the platform to legacy carrier systems and third-party data sources, including health data providers and risk databases.

Key Features

Open API architecture for legacy platform support
Certified integration with LexisNexis Risk Solutions Health Intelligence
Support for multiple third-party data sources

Target Users: IT and integration teams at carriers

Advanced Quoting & Underwriting

End-to-end quoting and underwriting capabilities for life, health, and annuity products, with configurable workflows and product-specific rule engines.

Key Features

Multi-product support (life, supplemental health, annuity)
Configurable quoting workflows
Embedded predictive analytics

Target Users: Carriers distributing through agent and direct channels

At a Glance

Headquarters: Milwaukee, Wisconsin
Employees: 11-50
Funding: PE-Backed

Category & Focus

Category: Underwriting & Risk
Subcategories: Underwriting Workbench New Business Automation Reflexive Rules Engine Application Fulfillment
Insurance Verticals: Life & Annuity Health Group Benefits
Target Customers: Carriers, Reinsurers, MGAs/MGUs, TPAs