LIDP

Empowering life insurance carriers with innovative policy administration solutions since 1979

Core Administration Established Bootstrapped

Overview

LIDP (Life Insurance Data Processing) Consulting Services, Inc. has been providing innovative software solutions and consulting services exclusively for the life, annuity, and health insurance industry for over 44 years. Founded by Bill Schnittker, the company has maintained a 100% success rate on implementations and conversions throughout its history.

As a privately owned corporation, LIDP responds solely to the needs of its clients, employees, and systems. The company has been exempt from litigation, mergers, acquisitions, significant restructuring, or reorganization during its long history, providing stability and continuity that is rare in the industry.

LIDP's Titanium platform represents the company's modern, cloud-native policy administration solution that enables carriers to launch products quickly and drive digital transformation across their operations.

Products & Services

Titanium

Next-generation, comprehensive policy administration system for life, health, and annuity products.

Key Features

End-to-end processing from illustrations through claims
Real-time product configuration for rapid product launches
Over 200 RESTful API endpoints for integration
Cloud-native, single-tenant architecture
Support for all life, health, and annuity products (fixed, variable, equity-indexed, traditional, non-traditional, individual, worksite)
Platform-agnostic with database flexibility (DB2, Oracle, SQL Server, PostgreSQL)

Target Users: Carriers, IT Teams

The Administrator

LIDP's original policy administration system launched in 1984, designed for traditional and non-traditional insurance products.

Key Features

Full lifecycle management
Highly flexible product processing
Proven track record with 35+ implementations

Target Users: Carriers

Aura

Next-generation user interface utilizing Angular, Angular Material, and Spring technologies for cloud-ready operations.

Key Features

Modern Angular-based interface
Cloud-ready architecture
CSR and agent portal capabilities

Target Users: Agents, Customer Service Representatives

Consulting Services

Professional services supporting implementation, conversion, and ongoing system management.

Key Features

Implementation services with 100% success rate
System conversions (including large-scale "big bang" conversions)
Ongoing support and maintenance

Target Users: Carriers

At a Glance

Founded: 1979
Headquarters: Venice, Florida
Employees: 51-200
Funding: Bootstrapped

Category & Focus

Category: Core Administration
Subcategories: Policy Administration New Business Processing Claims Processing
Insurance Verticals: Life & Annuity Health
Target Customers: Carriers