Axxis Systems

Empowering the insurance industry with innovative, intelligent, and seamless core solutions that drive transformation

Core Administration Established Bootstrapped

Overview

Axxis Systems is a global software group dedicated to building comprehensive management systems for insurance companies. Headquartered in Panama City since 2004, the company brings over four decades of insurance sector experience dating back to 1973 in Spain and Latin America. Axxis Systems operates with 100% private financing and maintains high reinvestment in R&D.

The company's flagship product, SISos, represents the 11th generation of their SISnet suite. SISos is a next-generation core insurance platform that unifies all insurance operations including underwriting, claims, finance, reinsurance, commissions, and accounting within a single, scalable, low-code environment. The platform follows the philosophy of "Unlock the Power of One" to eliminate the inefficiencies of fragmented systems.

Axxis Systems was recognized as the Top Next Generation Core Insurance Software 2025 by Insurance CIO Outlook after evaluation by industry experts and C-level executives.

Products & Services

SISos

The 11th generation core insurance platform built on 30+ years of insurance and technology expertise. SISos is a unified insurance operating system that replaces legacy silos by integrating all key functions.

Key Features

Unified operations across underwriting, claims, finance, reinsurance, commissions, and accounting
Drag-and-drop BPMN 2.0 workflow designer with low-code logic
AI-powered insurance-trained digital assistant
IFRS-17 compliance module with dynamic accounting
KYC, AML, risk engine, and actuarial engine capabilities
Fraud detection with pattern recognition and anomaly detection
Multi-investment unit-linked life insurance product support
Advanced technical object editor for non-life insurance
Streamlined health claim workflows
Composable plugin ecosystem for UI and logic extensions

Target Users: Insurance Carriers, Reinsurers

At a Glance

Founded: 2004
Headquarters: Panama City, Panama
Employees: 51-200
Funding: Bootstrapped

Category & Focus

Category: Core Administration
Subcategories: Policy Administration Claims Management Billing Reinsurance Accounting
Insurance Verticals: Life & Annuity P&C Personal P&C Commercial Health
Target Customers: Carriers, Reinsurers