# Insurance Data Processing > Cloud\-based policy administration, claims, billing, and analytics for P&C insurers since 1949\. ## At a glance | Field | Value | | --- | --- | | Category | Core Administration | | Type | Solutions Provider | | Region | NA | | Headquarters | Wyncote, Pennsylvania | | Founded | 1949 | | Stage | Established | | Employees | 51-200 | | Funding | Bootstrapped | ## Overview Insurance Data Processing (IDP) is one of the oldest insurtech companies in the United States, founded in 1949 as a nonprofit cooperative by six mutual insurance companies and a reinsurance broker. Over more than 75 years, IDP evolved from a cooperative data processing bureau into a modern, cloud-based software and services company for property and casualty insurers. IDP provides integrated policy administration, claims, billing, and analytics solutions, along with bureau reporting and information protection services. The company specializes in serving small to mid-sized P&C carriers, residual market plans, and program administrators. IDP maintains exceptional customer longevity with an average client relationship spanning 17 years, with some customers dating back to the company's founding -- New Castle Mutual Insurance Company has been a customer since 1949 and Franklin Mutual Insurance Company since 1953. In February 2025, Martin & Company acquired IDP's bureau reporting and COMPASS analytics platform, continuing the rapid growth of both organizations. ## Products & services ### Policy Administration System Cloud-based rate, quote, and bind capabilities for P&C insurance, providing integrated policy lifecycle management from submission through renewal. **Key features:** - Multi\-line P&C support across all lines of business - Rapid product launch and regulatory compliance capabilities - Integrated with billing, claims, and analytics *Target users:* P&C carriers, residual market plans, program administrators ### Claims Management System End-to-end claims lifecycle management platform supporting the full claims workflow from first notice of loss through settlement. **Key features:** - Full claims lifecycle management - Integration with policy and billing systems - Compliance and regulatory reporting support *Target users:* P&C carriers and program administrators ### Billing System Integrated premium billing and collections system designed to work seamlessly with IDP's policy administration and claims platforms. **Key features:** - Premium billing and collections - Integration with policy administration and claims - Customer and agent portal access *Target users:* P&C carriers ### Customer and Agent Portals Self-service web portals providing policyholders and agents with access to policy information, documents, and account management. *Target users:* Policyholders, agents, brokers ### COMPASS Analytics Platform IDP's Business Intelligence and Analytics platform providing data management, visualization, and reporting for insurance management. Acquired by Martin & Company in February 2025. **Key features:** - Data management controls and governance - Business intelligence visualization - Insurance management reporting *Target users:* P&C carriers and program administrators ### Bureau Reporting Services Automated statistical and regulatory bureau reporting to all major bureaus for all lines of business in every state. Acquired by Martin & Company in February 2025. **Key features:** - Reporting to all major statistical bureaus - All lines of business, all states - Automated compliance reporting *Target users:* P&C carriers ### Information Protection Services Data security and compliance services for insurance operations. *Target users:* P&C carriers and insurers ### Turnkey IT Services Comprehensive managed IT services for insurers that prefer to outsource their technology infrastructure. *Target users:* P&C carriers preferring outsourced IT operations ## Category & focus - Subcategories: Policy Administration, Claims Management, Billing, Bureau Reporting - Insurance verticals: P&C Personal, P&C Commercial, Workers Compensation - Target customers: Carriers, MGAs/MGUs ## Notable customers - New Castle Mutual Insurance Company \(customer since 1949\) - Franklin Mutual Insurance Company \(customer since 1953\) ## Links - Website: - Directory profile: - Linkedin: - Directory profile: --- *Last updated: 2026\-06\-03*