Combined Ratio Solutions

Open-source policy administration built for smaller P&C carriers -- no licensing fees, no vendor lock-in.

Core Administration Growth Bootstrapped

Overview

Combined Ratio Solutions (CRS) is a policy administration software provider for P&C carriers, focused on tier-2 and tier-3 insurers seeking an alternative to proprietary core systems. Founded in 2018 by Michael Jones and Luke Magnan in Hartford, Connecticut, the company builds and implements modern policy administration technology designed to give insurers full ownership and control over their systems.

The company offers CRS OSPolicy, an open-source, license-free policy administration system launched in 2025, alongside a services business called Rebel OPS that handles implementation, integration, development, and ongoing support. The platform is built on a microservices architecture with REST APIs and supports deployment on Microsoft Azure, AWS, and other cloud infrastructure. The tech stack includes C#, TypeScript, Python, and JavaScript with .NET Core, Angular, and React frameworks.

CRS has grown to over 200 employees across offices in the United States, Uruguay, Argentina, Serbia, and Georgia. The company reached profitability through a services-driven model without external investment. In 2026, Universal Shield Insurance Group launched commercial property and general liability lines on the OSPolicy platform.

Products & Services

CRS OSPolicy

An open-source, license-free policy administration system for P&C insurers. Released in 2025, OSPolicy provides risk assessment, coverage determination, and pricing capabilities. Customers fully own the software and can modify and deploy it on their preferred infrastructure.

Key Features

No licensing fees -- free to use, deploy, and modify
Microservices architecture with fine-grained and coarse-grained APIs
Supports billing, claims, agent portal, and SAP GL integrations
Deployable on Microsoft Azure, AWS, or other cloud providers

Target Users: P&C carriers, especially tier-2 and tier-3 insurers

Rebel OPS Services

A full suite of implementation and support services accompanying the OSPolicy platform. CRS delivers configuration, customization, data migration, third-party integrations, custom development, cloud re-platforming, hosting, and DevOps support.