# INSURECRYPT

> Blockchain\-encrypted policy administration for carriers, brokers, and reinsurers

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Toronto, Ontario, Canada |
| Stage | Startup |
| Funding | Bootstrapped |

## Overview

INSURECRYPT is a Canadian policy administration system (PAS) provider serving insurance carriers, brokers, MGAs, and reinsurers. The platform delivers a cloud-based Policy as a Service (PaaS) covering the full insurance lifecycle -- policy issuance, endorsements, renewals, billing, claims management, and reinsurance data -- across all lines of business.

The platform is built around a private blockchain architecture that encrypts Personally Identifiable Information (PII) and Protected Health Information (PHI) in transit and at rest. This design provides a full audit trail for policy, billing, and claims data while meeting GDPR and international data protection requirements. Modular API microservices allow insurers to integrate InsureCrypt alongside existing core systems or deploy it as a standalone platform.

INSURECRYPT reports approximately 30 small insurance companies actively feeding data into the solution. The company is led by CEO and President Mica Cooper, who also leads the affiliated firm Aisus.

## Products & services

### Policy Administration System \(PAS\)

Cloud-based policy lifecycle management covering issuance, endorsements, renewals, and cancellations across all lines of business.

**Key features:**

- Full policy lifecycle management \(issuance, endorsements, renewals, cancellations\)
- All lines of business support
- Private blockchain encryption of PII/PHI
- GDPR\-compliant data handling

*Target users:* Insurance carriers, MGAs, and brokers

### Billing Module

Premium billing and payment management integrated with the core PAS.

**Key features:**

- Premium billing and invoicing
- Payment processing and reconciliation
- Integration with policy lifecycle events

*Target users:* Carriers, MGAs

### Claims Management

Claims intake, processing, and settlement workflow management with secure blockchain-encrypted data handling.

**Key features:**

- FNOL and claims intake
- Claims processing and settlement workflows
- Audit trail via private blockchain

*Target users:* Carriers, TPAs

### Reinsurance Management

Reinsurance data management and reporting for complex multi-party insurance structures.

**Key features:**

- Reinsurance data tracking and reporting
- Multi\-party data exchange
- Secure data transmission

*Target users:* Carriers, Reinsurers

### API Microservices

Modular API-based architecture enabling integration with existing insurer systems or standalone cloud deployment.

**Key features:**

- REST API microservices architecture
- Modular integration with existing core systems
- PII/PHI encrypted cloud SaaS database

*Target users:* Insurance IT teams, carriers, brokers

## Category & focus

- Subcategories: Policy Administration Systems, Blockchain Data Security
- Insurance verticals: P&C Commercial, P&C Personal, Life & Annuity, Specialty/E&S, Reinsurance
- Target customers: Carriers, Brokers, MGAs/MGUs, Agents/Agencies, Reinsurers

## Links

- Website: <https://insurecrypt.com>
- Directory profile: <https://insurtechlist.com/companies/insurecrypt/>
- Linkedin: <https://www.linkedin.com/company/insurecrypt>
- Cbinsights: <https://www.cbinsights.com/company/insurecrypt>
- Directory listing: <https://www.the-digital-insurer.com/insurtech-directory/insurecrypt/>

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*Last updated: 2026\-05\-11*