# IB Applications

> Cloud\-native P&C insurance platform covering the full policy lifecycle

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | Copenhagen, Denmark |
| Founded | 2010 |
| Stage | Established |
| Employees | 51-200 |
| Funding | Bootstrapped |

## Overview

IB Applications is a core administration platform provider for property and casualty insurers. Founded in 2010 in Copenhagen by Anders Engdal and Soren Degn Jahns, the company delivers IBSuite, a cloud-native platform that covers the full P&C insurance lifecycle -- from sales and underwriting through policy administration, claims, and billing.

IBSuite is built API-first on AWS and follows a 100% cloud-native architecture. The platform spans multiple modules including product configuration, rating, CRM, output management, billing, and a sub-ledger. Carriers receive continuous updates through the company's EverGreen deployment model, which eliminates discrete upgrade cycles.

The platform processes over 500 million transactions monthly and manages more than 20 million policies. Customers include enterprise carriers such as Zurich (doppo and Klinc), ManyPets, Topdanmark, Frende, AXA, and AIG. The company is bootstrapped and privately held, and acquired IO Group in May 2025.

## Products & services

### IBSuite Platform

End-to-end cloud-native insurance platform for P&C carriers. Covers the full policy lifecycle via a modular, API-first architecture hosted on AWS.

**Key features:**

- Policy administration with product configuration and rating engine
- Claims management with workflow automation
- Billing and sub\-ledger modules
- EverGreen continuous delivery \(monthly updates, no upgrade projects\)
- REST API\-first design enabling integration with external data sources and distribution channels

*Target users:* P&C carriers undergoing digital transformation or launching new insurance products

## Category & focus

- Subcategories: Policy Administration, Claims Management, Billing, Product Configuration, Underwriting Workbench
- Insurance verticals: P&C Personal, P&C Commercial, Specialty/E&S
- Target customers: Carriers

## Notable customers

- doppo by Zurich
- Zurich Klinc
- ManyPets
- Topdanmark
- Frende
- AXA
- AIG

## Links

- Website: <https://ibapplications.com>
- Directory profile: <https://insurtechlist.com/companies/ib-applications/>
- About: <https://ibapplications.com/about-us/>
- Careers: <https://ibapplications.com/careers>
- Linkedin: <https://www.linkedin.com/company/insurance-business-applications>

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*Last updated: 2026\-05\-17*