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EnoviQ

Cloud-native, API-first insurance management platform for carriers, brokers, and TPAs across Asia Pacific.

Core Administration Growth Bootstrapped
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Overview

EnoviQ Technologies is a Singapore-based insurance technology company providing a cloud-native, API-first policy administration and management platform for insurers, TPAs, brokers, and reinsurers across Asia Pacific. Founded in 2019, the company targets the modernization of legacy back-office systems for individual and group accident and health, life, property and casualty, travel, and reinsurance lines of business.

The company's core product, CLAPi (Cloud-based APIs for Insurance), is a hyper-modular SaaS platform comprising 16 configurable modules and over 100 pre-built algorithms covering the full insurance lifecycle -- from product configuration and underwriting through policy administration, claims adjudication, reinsurance, and financial accounting. The platform is delivered as a multi-tenant SaaS solution with REST APIs enabling integration with third-party distribution channels, HR systems, medical networks, and IoT devices. EnoviQ holds ISO certification and SOC 2 compliance, and has received Celent XCelent Awards for its technology capabilities in both health and P&C policy administration systems.

EnoviQ serves 10+ insurance clients across APAC, with publicly referenced customers including HSBC, AXA Insurance, Tune Protect, and AAR Insurance. The company maintains offices in Singapore, Hong Kong, and India, and has announced expansion plans into the USA and Canada.

Products & Services

CLAPi (Cloud-based APIs for Insurance)

CLAPi is EnoviQ's flagship cloud-native, SaaS-based insurance management platform. Built on a REST API-first architecture, it provides 16 platform modules (8 core, 8 add-on) and over 100 pre-configured algorithms for underwriting and claims adjudication. Supports individual and group lines across A&H, life, P&C, travel, and reinsurance.

Key Features

  • Multi-line product configuration (Retail, Group, Travel, Event-based) via Product Workspace
  • Rule Engine with 100+ pre-configured algorithms for underwriting and claims
  • Policy Administration for scalable retail and group portfolio management
  • Claims Management with rule-based automated adjudication
  • Reinsurance module with risk evaluation and automated contract management
  • Real-time financial transaction processing via Policy Accounting module

Target Users: Carriers, TPAs, reinsurers

CLAPi GroupCore

A specialized package of CLAPi tailored for group insurance administration, including employee benefits and group accident and health portfolios.

Key Features

  • Group policy and enrollment management
  • Employee benefits configuration
  • Group A&H portfolio administration

Target Users: Group carriers, TPAs, employee benefits administrators

CLAPi AffinitiQ

An affinity insurance distribution platform built on CLAPi, designed for embedded insurance and affinity channel partnerships.

Key Features

  • Affinity product configuration and distribution
  • Embedded insurance infrastructure
  • Third-party channel integration

Target Users: Insurers, affinity partners, embedded insurance distributors

CLAPi EEQ (Employee Employer Quotient)

An employer-employee benefits management portal for handling benefit configuration, enrollment, and administration.

Key Features

  • Employer benefit plan configuration
  • Employee enrollment and management
  • Benefits utilization reporting

Target Users: Employers, HR administrators, group insurers

Excellator

An employee benefit self-service portal enabling employees to view, manage, and use their benefit packages.

Key Features

  • Employee self-service benefits access
  • Benefit package visibility and management
  • Digital benefit utilization

Target Users: Employees, HR departments

Broker Management System

A full-featured broker administration platform for insurance brokers covering quotations, policy issuance, customer onboarding, and financial accounting. Supports direct, reinsurance, digital, and composite brokers.

Key Features

  • Quote management and policy issuance
  • Customer onboarding workflows
  • Broker financial accounting
  • Support for multiple broker types (direct, reinsurance, digital, composite)

Target Users: Insurance brokers

At a Glance

Founded
2019
Headquarters
Singapore
Employees
51-200
Funding
Bootstrapped

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Claims Management Reinsurance Technology Broker Management
Insurance Verticals
Life & Annuity P&C Personal P&C Commercial Health Group Benefits Reinsurance
Target Customers
Carriers, Brokers, TPAs, Reinsurers

Customers

  • HSBC
  • AXA Insurance
  • Tune Protect
  • AAR Insurance
  • Strategis Insurance
  • Star Discover
  • Narayana Health
  • JFS
  • Omnicare Fiji

Links

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Last updated: 2026-06-13