Overview
VITASOFT is an enterprise software provider for the Russian insurance industry, building automation platforms for insurance carriers, reinsurers, and insurance groups. The company delivers end-to-end solutions covering corporate accounting, front-office operations, data warehousing, analytics, and B2B partner portals. Founded in 2005 and headquartered in Moscow, VITASOFT holds certified partnerships with Microsoft and QlikTech.
The company's product portfolio spans insurance-specific tools: Instras handles group accounting workflows, Web-Ins provides a front-office platform for customer-facing insurance operations, Instras-report delivers data warehouse and consolidated reporting, and TES enables structured B2B communication between insurance group entities. Its proprietary FlexFlow platform -- a low-code business automation tool -- was patented in 2021 and registered in the Russian national software registry in February 2024 (entry #21560).
VITASOFT raised a USD 600K seed round in 2013 from Aurora Venture Capital and has operated as a private company since. It was recognized as a winner of the Skolkovo Foundation digital technology competition in 2022. Its customer base includes major Russian carriers and reinsurers such as Alfastrakhovanie, GEFEST, ROSSIYA, KIT-Finance Insurance, and Moscow-RE, as well as state-owned aviation infrastructure operators.
Products & Services
Instras
Corporate accounting system for insurance groups. Handles end-to-end accounting workflows including reporting and consolidation across group entities.
Key Features
- Multi-entity accounting for insurance groups
- End-to-end workflow automation
- Consolidated financial reporting
Target Users: Insurance carriers and insurance holding groups
Web-Ins
Front-office platform for insurance companies. Enables customer-facing insurance operations and online insurance workflows.
Key Features
- Online insurance policy management
- Customer-facing front-office workflows
- High-load web application architecture
Target Users: Insurance carriers offering direct or agent-facing online services
Instras-report
Data warehouse and reporting solution for insurance analytics. Provides consolidated multi-entity reporting across an insurance group.
Key Features
- Insurance-specific data warehouse
- Consolidated group-level reporting
- Integration with Instras accounting system
Target Users: Insurance group finance and actuarial teams
FlexFlow
Low-code business platform for developing corporate automation systems for operational processes. Registered as a proprietary software product (Russian national software registry entry #21560, February 2024). Patent held since 2021.
Key Features
- Low-code process automation
- Configurable for diverse insurance workflows
- Proprietary platform with registered IP
Target Users: Insurance enterprises requiring custom operational automation
Da'Magic
Real-time analytics and dashboard platform delivering live operational dashboards for business monitoring.
Key Features
- Real-time data processing
- Configurable operational dashboards
- Business performance monitoring
Target Users: Insurance operations and management teams
TES
B2B partner interaction platform facilitating structured inter-company communications for insurance groups.
Key Features
- Structured inter-company messaging
- Insurance group partner coordination
- Workflow-driven communication
Target Users: Insurance groups with multiple partner entities
QlikView Analytics
Interactive analytics solution for the insurance market, built on the QlikTech/QlikView platform and delivered as a configured implementation.
Key Features
- Interactive insurance market analytics
- QlikView-based data exploration
- Insurance-specific data models
Target Users: Insurance carriers and reinsurers requiring market analytics
At a Glance
- Founded
- 2005
- Headquarters
- Moscow, Russia
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Core Administration
- Subcategories
- Insurance Accounting Front-Office Systems Data Warehousing Business Intelligence Business Process Automation
- Insurance Verticals
- P&C Commercial Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers
Customers
- AVIKOS-AFES -- Instras corporate accounting deployment
- Alfastrakhovanie -- insurance automation
- GEFEST -- insurance automation
- ROSSIYA -- insurance automation
- KIT-Finance Insurance -- insurance automation
- Moscow-RE -- reinsurer client
- FSUE State ATM Corp -- aviation systems
- Sirena-Travel -- airline ticketing integration
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Last updated: 2026-06-08