# Genasys

> Modern insurance administration software for insurers, MGAs, and brokers\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | London, United Kingdom |
| Founded | 1997 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | Series B |

## Overview

Genasys Technologies is a cloud-based insurance software provider that delivers end-to-end policy administration, claims management, and billing solutions. Founded in 1997 by Steve Symes in Cape Town, South Africa, the company has grown from a garage startup into a leading insurtech serving clients across 23 countries, managing a gross written premium of over GBP 1.5 billion.

The Genasys platform is a modular, SaaS-based insurance solution designed for insurers, MGAs, and brokers. It features over 350 pre-configured insurance products spanning P&C, life, medical, and specialty lines, along with hundreds of API endpoints for integration across the insurance ecosystem. The platform's no-code product building tools allow clients to rapidly deploy and manage insurance products without custom development.

In 2021, Genasys secured a GBP 12.25 million investment from Frog Capital, marking the largest investment ever into a South African-founded insurtech. The company operates from offices in London, Johannesburg, and its Product and Innovation Campus in Stellenbosch, Cape Town.

## Products & services

### Genasys Unify Platform

A comprehensive, cloud-based insurance administration platform that provides end-to-end policy, claims, and billing management.

**Key features:**

- No\-code product building tools to launch new insurance products in days
- End\-to\-end policy administration with automated workflows
- Claims management with electronic FNOL, instant settlements, and claims analysis
- Billing and premium management
- Over 350 pre\-configured insurance products across all lines of business
- Hundreds of open API endpoints for ecosystem integration

*Target users:* Insurers, MGAs, brokers

### BUILD Toolkit

No-code product building software for creating and configuring insurance products.

**Key features:**

- Zero\-code tools for product building, rating, and workflow creation
- Document design and template management
- New user setup and configuration
- Rapid deployment of new insurance products

*Target users:* Product managers, underwriters, IT teams

### Claims Management

Customer-centric claims management solution recognized by Celent as a Technology Standout.

**Key features:**

- Electronic First Notification of Loss \(FNOL\)
- Instant manual or automatic settlements
- Industry\-leading claims analysis
- End\-to\-end claims workflow automation

*Target users:* Claims teams, insurers, MGAs

## Category & focus

- Subcategories: Policy Administration, Claims Management, Billing
- Insurance verticals: P&C Commercial, P&C Personal, Life & Annuity, Health, Specialty/E&S
- Target customers: Carriers, MGAs/MGUs, Brokers

## Notable customers

- Simplyhealth
- MDDUS \(Medical and Dental Defence Union of Scotland\)
- Clarendon Transport Underwriting Managers \(CTU\)
- GENRIC Insurance
- King Price

## Links

- Website: <https://www.genasystech.com>
- Directory profile: <https://insurtechlist.com/companies/genasys/>
- Blog: <https://www.genasystech.com/resources/news/>
- Careers: <https://www.genasystech.com/careers/>
- Linkedin: <https://www.linkedin.com/company/genasys-technologies-pty-ltd/>
- Press/news: <https://www.genasystech.com/resources/news/>

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*Last updated: 2026\-03\-25*