Briisk
Cloud-based insurance SaaS platform enabling insurers and intermediaries to configure, digitise, and distribute insurance products across the full policy lifecycle.
Overview
Briisk is a policy administration and distribution platform that enables insurers, underwriting managers, reinsurers, brokers, and agents to configure and launch insurance products across digital distribution channels. The company operates as a cloud-based SaaS provider, targeting carriers and intermediaries primarily in Africa, the Middle East, and South Asia, with a stated focus on financial inclusion for underserved markets.
The platform delivers an end-to-end insurance value chain in a single system: product configuration, policy issuance, customer onboarding, and claims processing. Briisk offers white-label, API-enabled distribution interfaces that allow insurance products to be embedded into third-party digital platforms such as banks, fintechs, and broker networks. The platform is available through Microsoft Azure Marketplace and operates on a per-transaction OPEX model.
Since its founding, Briisk has facilitated more than 1 million policies sold across eight countries and 34+ distribution channels, with over 87 insurance products configured on the platform. The company raised seed funding of approximately USD 841K from DEG (Deutsche Investitions- und Entwicklungsgesellschaft) and reports 39 employees as of early 2026.
Products & Services
Briisk ITP (Instant Transaction Platform)
A fully API-enabled, cloud-based SaaS platform that automates the complete insurance value chain, from policy issuance and customer onboarding through claims processing and renewal management. Designed to replace legacy systems at lower cost and with faster deployment cycles.
Key Features
- Policy issuance and administration
- Claims processing and automation
- Customer onboarding and lifecycle management
- Pricing engines and risk-based rating configuration
- Digital distribution APIs for third-party platform integration
Target Users: Insurers, underwriting managers, reinsurers, brokers, and agent networks
Product Builder
A rapid insurance product configuration tool that enables insurers to design and launch new products in days rather than months. Supports configurable risk-based ratings, enhanced product configuration workflows, and extended premium collection options.
Key Features
- Configurable product templates
- Risk-based rating and reporting
- Extended premium collection functionality
Target Users: Insurance product teams at carriers and MGAs
API-Enabled Distribution / Broker Distribution Network Integration (BDNI)
White-label, brandable web and mobile interfaces for brokers and agent networks, supported by distribution APIs that enable insurance products to be embedded into third-party digital platforms.
Key Features
- White-label quote and buy interfaces for broker and agent networks
- Distribution APIs for embedding insurance into banks, fintechs, and digital ecosystems
- Multi-channel distribution management
Target Users: Brokers, agents, digital platform operators
At a Glance
- Founded
- 2016
- Headquarters
- London, UK
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Administration Distribution & Sales Insurtech Infrastructure
- Insurance Verticals
- Life & Annuity P&C Commercial Specialty/E&S
- Target Customers
- Carriers, Brokers, MGAs/MGUs, Reinsurers
Customers
- Funeral Fundi -- funeral insurance product (South Africa; underwritten by TPI/Guardrisk)
- Finchoice -- funeral cover product (underwritten by Guardrisk)
- DroneCovered -- South Africa's first fully digital drone insurance product (underwritten by TPI/Mutual and Federal Risk Finance)
- Travelsafe by SureStart -- single premium travel insurance (underwritten by Hollard)
- SureBuddy -- life insurance product (India, launched 2017)
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Last updated: 2026-06-13