Foneinsure
Insurance management software and aggregator solutions for life and non-life carriers in Nepal
Overview
Foneinsure is an insurance core administration and digital transformation software provider serving life and non-life carriers in Nepal. Operating as a business vertical of F1Soft Group -- Nepal's leading fintech company -- Foneinsure delivers policy management systems, insurance aggregator platforms, and business intelligence solutions to help insurers automate operations and digitize customer-facing workflows.
The company's flagship products, iSolution Life and iSolution General, are end-to-end insurance management platforms covering agency setup, KYC onboarding, AML tracking, policy management, financial management, and claims processing. Both platforms integrate with banks and payment gateways and include compliance features such as NFRS 17-based accounting, multi-factor authentication, and real-time threat monitoring.
Foneinsure serves 13+ insurance companies across Nepal, including Nepal Beema Pradhikaran, Sun Nepal Life, Himalayan Life, National Life, Citizen Insurance, Reliable Insurance, and Rastriya Jeevan Beema. The company is backed by F1Soft Group, which employs 600+ people and is recognized as Nepal's highest IT-sector taxpayer.
Products & Services
iSolution Life
A comprehensive insurance management platform for life insurance companies, covering the full policy lifecycle from system setup and agency configuration through policyholder KYC, AML compliance, policy issuance, claims processing, and financial management.
Key Features
- Centralized KYC management with AML tracking and medical validation
- NFRS 17-based accounting with integrated bank and payment gateway connectivity
- Real-time dashboards with branch and employee productivity monitoring
- Multi-factor authentication, device certificate association, and encrypted data access controls
- Customizable on-demand reporting and centralized document repository
Target Users: Life insurance carriers
iSolution General
An insurance management platform for general (non-life) insurance carriers, providing equivalent capabilities to iSolution Life adapted for non-life operations including agency management, policy issuance, and claims processing.
Key Features
- Agency and broker management
- Policy issuance and renewal automation
- Claims processing workflows
- Productivity and performance monitoring
Target Users: General (non-life) insurance carriers
Insurance Aggregator Solution
A platform enabling insurance aggregation across multiple insurers, brokers, and customers on a shared digital infrastructure to facilitate product comparison, selection, and purchase.
Key Features
- Multi-insurer product comparison
- Digital policy purchase and onboarding
- Carrier and broker connectivity
Target Users: Carriers, brokers
Digital Insurance Solution
Digital transformation services enabling insurance companies to offer online services, digitize paper-based workflows, and improve customer experience through modern web and mobile interfaces.
Target Users: Life and non-life carriers seeking digital channel expansion
Business Intelligence Solution
Analytics and reporting services providing data-driven insights and decision support for insurance company management and operations teams.
Target Users: Carriers
Mobile Application Development
Custom mobile application development for insurance companies extending customer access via smartphones.
Target Users: Carriers
At a Glance
- Founded
- 2010
- Headquarters
- Kathmandu, Nepal
- Employees
- 11-50
- Funding
- Bootstrapped
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Administration Claims Management Insurance Aggregator Business Intelligence
- Insurance Verticals
- Life & Annuity P&C Commercial
- Target Customers
- Carriers
Customers
- Nepal Beema Pradhikaran (Nepal Insurance Authority)
- Sun Nepal Life
- Himalayan Life
- National Life
- Citizen Insurance
- Reliable Insurance
- Rastriya Jeevan Beema
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Last updated: 2026-06-13