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Noria

End-to-end insurance management software for Marine & Energy, Captive, and P&C insurers

Core Administration Established Bootstrapped
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Overview

Noria is an insurance management software provider serving carriers, P&I clubs, captive managers, and brokers in the marine & energy, captive, and property & casualty segments. Founded in Norway approximately 35 years ago, the company delivers a modular platform covering the full insurance lifecycle -- from quoting and policy administration through claims handling, accounting, and reinsurance. The platform is deployable on-premise or in the cloud.

The Noria Insurance Platform is composed of business modules that handle quoting, policy issuance, claims workflows, premium and claims accounting, reinsurance management, and customer self-service portals. A separate analytics layer, Noria Insight, provides real-time dashboards and KPI reporting. Professional services span digital strategy, transformation delivery, software engineering, quality assurance, cloud operations, and DevOps, enabling Noria to act both as a software vendor and implementation partner. Development capabilities are distributed across offices in Oslo, Bergen, and Sandefjord, Norway, and a development center in Ho Chi Minh City, Vietnam.

The company counts approximately 115 staff and has built a client roster that includes Gard, DNK, Marsh, WTW, Gjensidige, Fremtind, Heineken, Hydro, Statkraft, Vanbreda, Maersk, Skanska, and SpareBank 1. In 2025 Noria announced a partnership with Loadsure to build its end-to-end cargo insurance platform; Loadsure reached over 20% of the digital spot cargo insurance market within 18 months of launch.

Products & Services

Noria Insurance Platform

An end-to-end insurance management platform with integrated modules covering the full policy lifecycle.

Key Features

  • Quoting with configurable insured objects, interests, limits, conditions, and deductibles
  • Policy administration with invoicing, financial transactions, and documentation workflows
  • Claims handling with automated workflows, payment and settlement creation, and authorization rules
  • Accounting and payments covering premium tracking, customer billing, and collection management
  • Reinsurance support for quota share, facultative placements, and umbrella excess of loss programs
  • Digital customer journey with self-service portals and configurable 24/7 delivery

Target Users: Marine & energy insurers, captive managers, P&C carriers, P&I clubs

Marine & Energy Insurance Software

Specialized module for the marine and energy insurance market, supporting automatic workflow, invoicing, and closing processes.

Key Features

  • Supports marine insurers, P&I clubs, and war risk pools
  • Automated workflow for endorsements and closings
  • Integration with reinsurance and accounting modules

Target Users: Marine insurers, P&I clubs, marine brokers, war risk underwriters

Captive Insurance Software

Tailored captive insurance management with Solvency II compliance and multi-entity support.

Key Features

  • Solvency II compliance with audit trails and regulatory reporting
  • Business Intelligence dashboards
  • Web portals for mobile claims management
  • Multi-entity support for complex captive structures

Target Users: Corporate captive managers, risk managers

Property & Casualty (P&C) Insurance Software

Solution for P&C and specialty lines including affinity and B2B2C distribution models.

Key Features

  • Multi-layered contract handling
  • Affinity and B2B2C program support
  • Integration with core Noria platform modules

Target Users: P&C carriers, affinity program operators

Noria Insight

A data and business intelligence layer providing real-time analytics on top of insurance operations data.

Key Features

  • Real-time KPI dashboards
  • Business Intelligence reporting
  • Data structuring and transformation capabilities

Target Users: Insurance executives and operations teams

At a Glance

Headquarters
Oslo, Norway
Employees
51-200
Funding
Bootstrapped

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Claims Management Reinsurance Technology Captive Management
Insurance Verticals
Specialty/E&S P&C Commercial Reinsurance
Target Customers
Carriers, Brokers, MGAs/MGUs

Customers

  • Gard -- P&I club, marine insurance
  • DNK (Norwegian Hull Club) -- marine war risks
  • Marsh -- global risk and insurance services
  • WTW -- risk advisory
  • Gjensidige -- Nordic general insurance
  • Fremtind -- Norwegian insurance
  • Heineken -- captive insurance
  • Hydro -- captive insurance
  • Statkraft -- captive insurance
  • SpareBank 1 -- financial services
  • Vanbreda -- marine broker
  • Maersk -- shipping/logistics
  • Skanska -- construction captive
  • HELP -- P&C insurance

Last updated: 2026-06-04