# Insly

> Low\-risk insurance software partner for MGAs and insurers\. Fast setup, AI\-powered and real results\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | Tallinn, Estonia |
| Founded | 2013 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | Seed |

## Overview

Insly is a cloud-based, low-code insurance software platform that enables Managing General Agents (MGAs), insurers, and brokers to build, distribute, and manage insurance products without extensive coding. Founded in 2013 by Risto Rossar in Tallinn, Estonia, the company has grown to serve over 1,000 brokers, MGAs, and insurers globally with more than 15,000 individual users.

The platform covers the entire insurance lifecycle from quote to claims, plus accounting and reporting. Insly's modular architecture and open APIs allow for seamless integration with existing systems, enabling customers to handle on average double the gross written premium (GWP) compared to legacy systems by automating manual tasks.

With offices in Tallinn (core development), London, Vilnius, and Warsaw, Insly has achieved significant growth including an EUR 8 million annual revenue run rate and profitability by 2024. The platform has transacted over EUR 1 billion in gross premiums and built more than 200 insurance products.

## Products & services

### Product Builder

Create non-life insurance products in weeks without coding using a low-code/no-code interface.

**Key features:**

- Drag\-and\-drop product configuration
- No developer involvement required
- Implementation in 2\-3 weeks for product drafts
- Full operational launch within 3\+ months

*Target users:* Product managers, underwriters at MGAs and insurers

### Product Distribution

Multi-channel sales workflows supporting broker, direct, and embedded distribution models.

**Key features:**

- Broker portal capabilities
- Direct\-to\-consumer sales support
- Embedded insurance integrations
- API\-based rate engine for partner access

*Target users:* Distribution teams, brokers, digital channels

### Accounting & Reporting

Automated financial functions with compliance reporting capabilities.

**Key features:**

- 100% accounting accuracy claimed
- Automated bordereaux generation
- Compliance reporting
- Financial reconciliation

*Target users:* Finance teams, operations managers

### Claims Management

End-to-end claims handling across all business lines.

**Key features:**

- Full claims lifecycle management
- Integration with third\-party claims tools
- Multi\-line support
- Reporting and analytics

*Target users:* Claims handlers, operations teams

### FormFlow \(AI\-Powered\)

AI-powered submission conversion tool that streamlines the broker submission process.

**Key features:**

- Accepts submissions in any format \(Word, PDF, email, handwritten notes\)
- Automatic data extraction and formatting
- Eliminates manual re\-keying
- Higher volume quote processing

*Target users:* Underwriters, operations teams at MGAs

## Category & focus

- Subcategories: Policy Administration, Agency Management, CRM, Claims Management
- Insurance verticals: P&C, Specialty
- Target customers: MGAs, Carriers, Brokers, Agents

## Notable customers

- Accelerate Underwriting Limited
- Ridge Canada Cyber Solutions Inc\.
- OneClickCover
- Alta Signa
- Renovation Underwriting
- Cactus

## Links

- Website: <https://insly.com>
- Directory profile: <https://insurtechlist.com/companies/insly/>
- Blog: <https://insly.com/en/blog/>
- Careers: <https://insly.com/en/about-us/careers/>
- Linkedin: <https://www.linkedin.com/company/inslytech/>
- Press/news: <https://insly.com/en/blog/>
- Demo/contact: <https://insly.com/en/about-us/contact/>

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*Last updated: 2026\-05\-12*