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Spyrosoft

Software engineering and IT services company with a dedicated insurance practice covering underwriting automation, claims processing, and digital policyholder platforms.

Insurtech Infrastructure Enterprise Public
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Overview

Spyrosoft is a software engineering and IT services company headquartered in Wroclaw, Poland. Founded in 2016, it operates across multiple industries with a dedicated Financial Services and Insurance vertical. The company employs 2,000+ engineers globally across 17 locations in 8 countries (Poland, Croatia, Romania, Germany, UK, Argentina, USA, India) and serves 300+ clients including major financial institutions. It is listed on the Warsaw Stock Exchange (ticker: SPR).

Within the insurance sector, Spyrosoft delivers custom software for carriers and MGAs covering underwriting automation, claims processing, and policyholder self-service. Its insurance practice applies both rule-based and machine learning approaches to straight-through processing and risk assessment, and provides AI-driven document processing, voicebot/chatbot solutions, and data integration services connecting legacy policy administration systems to third-party data providers.

Spyrosoft reported USD 167M in revenue for 2025, with Q3 2025 results of PLN 150.4M revenue (+25.6% year-over-year) and PLN 17.3M EBITDA (+15.5% year-over-year). The 2024 acquisition of Codibly expanded its capabilities in e-mobility and renewables.

Products & Services

Digital Policyholder Experience Platform

Mobile and web applications enabling policyholders to purchase, download, and modify coverage. Self-service portals reduce agent intervention. Includes First Notice of Loss (FNOL) submission interfaces and claims tracking. Deployed as white-label or direct-to-consumer.

Key Features

  • Policy purchasing and modification workflows
  • FNOL and claims tracking interfaces
  • Self-service portal architecture
  • Multi-device support (mobile, tablet, desktop)

Target Users: Carriers, MGAs, and their policyholders

Underwriting Automation Engine

Rule-based and machine learning-driven underwriting systems for straight-through processing of standard policies. Automates risk assessment and pricing calculations, integrating with existing policy administration systems and third-party data providers.

Key Features

  • Rule-based and AI-driven risk assessment
  • Automated pricing calculation
  • Integration with legacy policy admin systems
  • STP (straight-through processing) workflows

Target Users: Carriers and MGAs

Intelligent Document Processing

AI-powered document intake and processing for claim forms, medical reports, and supporting evidence. Reduces manual data entry in claims handling.

Key Features

  • Automated form processing and classification
  • Document data extraction
  • Medical report analysis
  • Integration with claims management systems

Target Users: Carriers and third-party claims administrators

GenAI Customer Support Solutions

Proprietary GenAI chatbot solutions including the VoicePro voicebot for 24/7 customer support and claims guidance. Handles routine inquiries, claims updates, and policy questions through automated conversations.

Key Features

  • Natural language conversation
  • Multi-channel deployment (voice, chat, web)
  • Integration with customer data systems
  • Claims inquiry automation

Target Users: Carriers and MGAs

Data Intelligence & Integration

Data architecture services connecting legacy policy administration systems with third-party providers, telematics networks, and external data sources. Creates a unified view of customers and risk for analytics and operational efficiency.

Key Features

  • Data integration and API orchestration
  • Unified customer data models
  • Real-time data synchronization
  • Third-party ecosystem integration

Target Users: Carriers and large MGAs