p1Runoff
Insurance portfolio management software for run-off, direct insurance, and reinsurance.
Overview
p1Runoff is an insurance portfolio management platform developed by HMR Group, serving carriers and run-off specialists that need to consolidate and administer complex books of business. The platform addresses direct insurance, reinsurance, and run-off portfolios, with support for multi-currency operations and multiple simultaneous books of business.
The company's flagship product, the P1 Insurance Management Platform, is a cloud-hosted application running on Microsoft Azure that centralizes claims data, contract management, and financial reporting into a single integrated system. It includes over 30 standard financial reports, legal invoice bill review, deductible recovery automation, and integration with the AM Best Insurance Company Master database. A companion module, P1 Life, handles life insurance policy administration with support for multi-country operations and all 50 US states. HMR Group's engineers hold CISSP, Cisco, and Microsoft certifications.
HMR Group positions itself as a specialist in legacy system replacement and run-off portfolio management for the insurance and reinsurance industry. Customers include Fosun, which migrated three legacy systems to the P1 run-off platform two months ahead of a six-month schedule, and Aylesbury Insurance, whose CEO -- a former Enstar Group CEO -- described P1 as one of the most comprehensive and fully-integrated systems he encountered in 30 years of industry experience.
Products & Services
P1 Insurance Management Platform
Cloud-hosted policy and claims administration system for direct insurance, run-off, and reinsurance portfolios. Consolidates fragmented books of business into a single application with real-time access from any location.
Key Features
- Multi-currency, multi-book-of-business management
- 30+ standard financial reports with business intelligence access
- Legal invoice bill review and deductible recovery automation
- AM Best Insurance Company Master Listing integration
- Customizable approval tiers and authorization levels
- Facultative and treaty reinsurance support
- Legacy data migration in as little as 90 days
Target Users: Insurance carriers, run-off specialists, reinsurers
P1 Life Insurance Management
Dedicated module for life insurance portfolio administration, supporting multi-country operations and all 50 US states.
Key Features
- 30+ online policy administration functions
- EFT and credit card premium processing with automatic bill collection
- Bilingual correspondence generation (English and Spanish)
- Policy conversion (Term to Whole Life), yearly renewal, and decreasing term options
- DocuRead imaging storage and retrieval
- Automatic policy quoting and rating across all 50 US states
- Multiple billing modes: monthly, quarterly, semi-annual, annual
Target Users: Life insurance carriers, run-off specialists managing life portfolios
Microsoft Azure Cloud Migration
Migration consulting and implementation for insurance companies moving from legacy or on-premise systems to Microsoft Azure. HMR holds Microsoft Certified status.
Target Users: Insurance carriers with legacy on-premise infrastructure
Network Security and Infrastructure Design
Cisco-certified and CISSP-certified network security engineering covering all eight CISSP Common Body of Knowledge domains, including Software Development Security, Security and Risk Management, Asset Security, and Identity and Access Management.
Target Users: Insurance carriers requiring network security assessments or infrastructure redesign
At a Glance
- Headquarters
- Bradenton, Florida, USA
- Employees
- 1-10
- Funding
- Bootstrapped
Category & Focus
- Category
- Core Administration
- Subcategories
- Policy Administration Claims Management Run-Off Management Reinsurance Administration
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance Life & Annuity
- Target Customers
- Carriers, Reinsurers
Customers
- Fosun -- migrated three legacy systems to P1 run-off platform, completed two months ahead of a six-month schedule
- Aylesbury Insurance -- CEO Karl J. Wall (former Enstar Group CEO) provided public endorsement
Links
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Last updated: 2026-06-04