SFS

End-to-end insurance management software for carriers, brokers, and banks across EMEA.

Core Administration Established Bootstrapped

Overview

SFS (Strategic Functional Systems) is a core insurance administration and digital distribution software provider for insurance carriers, brokers, agents, and banks. Founded in 1992 and headquartered at Istanbul Technical University's Teknokent, the company serves the Turkish and broader EMEA insurance market with end-to-end systems spanning policy administration, claims, reinsurance, and digital sales channels.

The company develops and maintains two main platform families: Winsure, a comprehensive insurance management suite, and InsureE, an omnichannel digital distribution and administration platform. The InsureE platform includes modules for policy administration, claims management, reinsurance, financial management, and digital distribution, and is available in both cloud and on-premise deployments. In 2025, SFS received TUBITAK TEYDEP approval for an AI-based insurance solutions R&D project.

SFS holds a significant share of the Turkish non-life insurance market. As of mid-2024, seven out of every ten traffic policies in the sector are issued using SFS systems, and three of the ten non-life insurers with revenues over USD 600 million are SFS customers.

Products & Services

Winsure

Comprehensive end-to-end insurance management platform covering all core operational areas for insurance companies.

Key Features

Full policy lifecycle management
Claims processing with rule-based workflows
Reinsurance operations management
Supports all non-life insurance branches

Target Users: Insurance carriers and brokers operating in Turkish and EMEA markets

InsureE Platform

Omnichannel insurance administration and digital distribution platform for modern insurance operations.

Key Features

Policy Management System (PMS) for complete policy lifecycle
Claims Management System with adaptable rule-based workflows
Reinsurance Management System for ceded and assumed operations
Receivables Management and Stakeholder Management modules
InsureE GL accounting and general ledger integration
InsureE Health+ extension for health insurance lines

Target Users: Carriers, brokers, agents, and banks seeking a unified omnichannel platform

Digital Distribution Suite (iNet)

Suite of digital channel tools enabling insurance sales and distribution through multiple touchpoints.

Key Features

iNet Sales for digital sales channel management
iNet Mobile for mobile insurance applications
iNet Platform as a unified distribution framework
E-BPM (Business Process Management) for enterprise workflow automation
API-based integration for digital distribution partners

Target Users: Insurers and distributors building digital sales channels

At a Glance

Founded: 1992
Headquarters: Istanbul, Turkey
Employees: 51-200
Funding: Bootstrapped

Category & Focus

Category: Core Administration
Subcategories: Policy Management Claims Management Reinsurance Technology Digital Distribution
Insurance Verticals: P&C Commercial P&C Personal Health Specialty/E&S
Target Customers: Carriers, Brokers, Agents/Agencies