# Premium Systems Technology

> Core insurance administration software for general \(P&C\) insurers, agents, and consumers\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | APAC |
| Headquarters | Ubi Techpark, Singapore |
| Stage | Established |
| Employees | 11-50 |
| Funding | Bootstrapped |

## Overview

Premium Systems Technology (PST) is a core insurance administration software provider for general (short-term / P&C) insurers, agents, and consumers, based in Singapore. The company builds enterprise software for policy administration, claims handling, and related back-office functions at short-term insurance carriers.

PST's product line centers on Odyssey5, a core system covering policy administration, claims processing, reinsurance, and accounting, built on an API-based architecture with multi-lingual, industry-specific workflows. Nimbus, a companion e-commerce engine, adds B2B (agency) quoting, proposal, and claims-notification workflows alongside a B2C direct-purchase channel that lets consumers buy select products online without an agent or underwriter. PST supplements its software with project management, consultancy, implementation, and third-party integration services for enterprise rollouts.

PST operates as a bootstrapped, privately held vendor with 11-50 employees and no disclosed VC funding. It extends its reach beyond Singapore through regional distributor partnerships rather than direct subsidiaries, with resellers covering Malaysia, the Philippines, and Botswana/Africa.

## Products & services

### Odyssey5

Core insurance administration platform managing policy administration, claims processing, reinsurance, and accounting for general (P&C) insurers. Built on an API-based architecture with industry-specific workflows and multi-channel communications.

**Key features:**

- Combined policy administration, claims processing, reinsurance, and accounting in a single system
- API\-based architecture supporting third\-party application integration
- Multi\-lingual, industry\-specific workflows

*Target users:* General \(short\-term / P&C\) insurers

### Nimbus

Insurance e-commerce engine layering B2B (agency) and B2C (direct-to-consumer) digital sales channels on top of Odyssey5.

**Key features:**

- Nimbus B2B/Agency: quotations, proposals, and claim notifications integrated with Odyssey5 core workflows
- Nimbus B2C/Direct: self\-service purchasing for consumers on select products, without an underwriter or agent intermediary

*Target users:* Insurance agents/agencies and direct consumers

### Professional Services

Project management, software consultancy, technical implementation, and third-party integration services supporting Odyssey5 and Nimbus deployments.

*Target users:* Insurers implementing or extending the Odyssey5/Nimbus platform

## Category & focus

- Subcategories: Policy Administration, Claims Management, Reinsurance Technology, Insurance E\-Commerce
- Insurance verticals: P&C Personal, P&C Commercial
- Target customers: Carriers, Agents/Agencies, Consumers

## Links

- Website: <https://home.pst.sg>
- Directory profile: <https://insurtechlist.com/companies/premium-systems-technology/>
- Contact: <https://home.pst.sg/contact-us>

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*Last updated: 2026\-08\-09*