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Modular Solutions

Cloud-based policy administration SaaS for Canadian insurers, mutuals, MGAs, and brokers.

Core Administration Growth Seed
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Overview

Modular Solutions is a policy administration SaaS platform serving Canadian insurers, mutuals, MGAs, and brokerages. The Calgary-based company provides an integrated platform designed for small and mid-size insurance organizations, covering the full insurance value chain from underwriting and policy management through claims, billing, reinsurance, and distribution.

The platform consists of nine integrated modules -- Admin, Policy, Claims, Product, Finance, Reinsurance, Intelligence, Gateway, and Stakeholder -- each configurable without code and operable independently or as a combined system. An embedded AI assistant (Modi) supports document ingestion, automated quote intake, dynamic rating, and workflow automation. A third-party integration marketplace (Solutions Exchange) connects the platform to external data sources and service providers. All data is hosted on Canadian Tier 3 infrastructure.

Founded in 2015 as a digital brokerage (Nuera Insurance), the company launched its SaaS platform in 2021 and rebranded as Modular Solutions in 2025 following a seed financing round cited by Pitchbook as the 5th largest seed-stage insurtech financing in North America since January 2023. The platform serves 4,000+ broker users across Canada, with customers including Harvard Western Insurance, Germania Mutual Insurance, and SeaFirst Insurance.

Products & Services

Modular Solutions Platform

A nine-module cloud-based policy administration system for insurers, mutuals, MGAs, and brokers. Modules can be deployed individually or as an integrated suite. The platform is no-code configurable and built on Canadian Tier 3 infrastructure.

Key Features

  • Policy lifecycle management: issuance, endorsements, renewals, and cancellations
  • No-code product and rating configuration with JavaScript rules engine
  • AI-powered document ingestion and quote intake via Modi AI assistant
  • Integrated billing, payments, and third-party accounting connections
  • Claims lifecycle management including FNOL and document tools
  • Reinsurance treaty and facultative handling
  • Business intelligence and reporting data warehouse
  • Broker portal with e-commerce and direct-to-consumer channels

Target Users: Insurers, mutuals, MGAs, managing general agents, and brokers

Modi AI Assistant

An embedded AI assistant within the Modular Solutions platform that automates onboarding workflows, handles document ingestion, supports dynamic rating, and provides predictive analytics. Positioned as an enhancement to underwriter and broker workflows rather than a replacement.

Key Features

  • Automated quote intake from submitted documents
  • Dynamic rating with AI-assisted rules application
  • Onboarding workflow automation
  • Predictive analytics for underwriting support

Target Users: Underwriters, brokers, and operations staff within insurer and MGA customers

Solutions Exchange

A third-party API integration marketplace enabling Modular Solutions customers to connect with external data providers, payment processors, and service vendors.

Key Features

  • Pre-built API integrations with third-party services
  • Extensible connection framework for custom integrations
  • Supports payment processing, data enrichment, and distribution channels

Target Users: IT and operations teams at insurer and MGA customers

At a Glance

Founded
2015
Headquarters
Calgary, Alberta, Canada
Employees
51-200
Funding
Seed

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Claims Management Underwriting Workbench Billing Reinsurance Technology Broker Portal
Insurance Verticals
P&C Commercial P&C Personal Specialty/E&S
Target Customers
Carriers, Brokers, MGAs/MGUs

Customers

  • Harvard Western Insurance
  • Germania Mutual Insurance
  • SeaFirst Insurance (Navacord)
  • My Mutual Insurance
  • Oasis Insurance
  • Advantage Insurance
  • Taycon Risk (announced February 2026)
  • InsureLine Solutions MGA division (announced February 2026)
  • Pal Insurance Brokers Canada
  • Insure BC Underwriting

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Last updated: 2026-06-03