Overview
Insurtix is a core administration platform for insurance carriers, managing general agents, and insurance startups seeking to replace or modernize legacy systems. Founded in 2019 and headquartered in Herzliya, Israel, the company delivers an integrated suite covering policy management, underwriting, claims, financial management, and reinsurance within a single digital platform.
The platform supports multiple lines of business -- including motor, home, health, travel, pet, life, SMB liability, and home sale guarantees -- and is delivered as a cloud-based SaaS solution. Insurtix emphasizes PCI-DSS compliance, omnichannel support, and a modular architecture that allows insurers to configure products and rules without custom development. An AI module (IKNC-AI) provides automated decision-support capabilities with planned natural language query features.
Insurtix has received minority investment from Code Oasis and targets regional carriers and new market entrants across the EMEA region. The company positions its platform as a rapid time-to-market solution for insurers launching new products or digitizing existing operations.
Products & Services
Core Insurance Platform
An integrated insurance management system covering the full policy lifecycle from quote and bind through renewal, claims settlement, and reinsurance accounting. The platform is designed to handle multiple lines of business and regulatory environments from a single installation.
Key Features
- Multi-policy lifecycle management with quote generation, binding, and renewal workflows
- Automated underwriting rules engine with configurable decision logic
- Claims management module with automated routing and settlement rules
- Financial management covering charge tracking and payment processing
- Reinsurance module supporting multi-contract and multi-reinsurer arrangements
- Archive and document generation with automated workflow processing
Target Users: Insurance carriers, insurance startups, MGAs
IKNC-AI Module
An AI-enhanced operational component designed to bridge database structures with business logic. Provides decision-support capabilities with planned natural language query features scheduled for release in 2026.
Key Features
- Automated decision management for insurance operations
- Planned natural language database query interface
- Operational intelligence integrated into core workflow
Target Users: Underwriters, claims staff, operations teams
At a Glance
- Founded
- 2019
- Headquarters
- Herzliya, Israel
- Employees
- 1-50
- Funding
- Bootstrapped
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Management Claims Management Reinsurance Technology Financial Management
- Insurance Verticals
- P&C Personal P&C Commercial Life & Annuity Health Specialty/E&S Reinsurance
- Target Customers
- Carriers, MGAs/MGUs
Links
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Last updated: 2026-06-03