AI TOOL PROFILE

Acturis: Insurance Software for Brokers, Insurers and MGAs

Acturis helps insurance brokers, insurers, and MGAs manage digital trading and back-office operations. It is designed for firms looking to integrate underwriting automation and business intelligence into a single platform.

Pricing

Pricing was not clearly available from the provided evidence. Buyers should confirm current pricing on the vendor website.

At a glance

Best for
Insurance Brokers, Insurance Companies, Managing General Agents (MGAs), Commercial Lines Insurance Firms, Personal Lines Insurance Firms
Key use cases
Digital Trading for Brokers, MGA Product Distribution, Automated Underwriting, Sector-Specific Risk Management, Remote Policy Management
Integrations
Turnkey insolvency system, Flood Re, Cytora, Experian, Lexis Nexis
Visit acturisacturis software interface screenshot

How AI is used

Acturis is a cloud-based platform designed for the general insurance sector. It provides tools for policy administration, claims management, and e-trading, serving users in over 40 countries.

The software is designed for insurance brokers (both commercial and personal lines), insurers, and Managing General Agents (MGAs). It helps these businesses connect to digital marketplaces and supports the automation of underwriting processes.

Capabilities include the ability to build e-trade products, manage customer relationships, and handle accounting tasks such as debt and payment tracking. The platform includes a mobile application to support flexible working.

Buyers should confirm that the platform is specialized for the insurance industry and involves a coordinated implementation process, which may include business-specific configuration and data migration from legacy systems.

Key Features

  • e-trading platform

    Connects brokers to a panel of insurers for trading personal and commercial insurance products.

  • Claims Management

    Links claims to policies and supports data segmentation by claim type or delegated authority.

  • Underwriting Automation

    Uses machine learning to support automated decision-making in the underwriting process.

  • Policy Administration

    Provides back-office tools for full-cycle policy management and real time policy information.

  • Business Intelligence

    Offers configurable reports and dashboards to provide analytical views of business data.

  • Accounting Tools

    Supports management of debts, payments, client and office bank accounts, and balance sheets.

  • Robotics and Automation

    Includes modules for automated document delivery and simplified call center policy processes.

  • Compliance Management

    Uses workflows and audit trails to help businesses evidence regulatory compliance and secure personal data.

Use Cases

  • Digital Trading for Brokers

    Using the e-trade platform to access insurer products and rating hubs for commercial and personal lines.

  • MGA Product Distribution

    Building and hosting insurance products from a single instance to distribute across multiple digital channels.

  • Automated Underwriting

    Applying machine learning to help automate decision-making in underwriting.

  • Sector-Specific Risk Management

    Managing specialized portfolios, such as real estate or insolvency bonds, within a structured digital system.

  • Remote Policy Management

    Using the Acturis Mobile app to manage client relationships and office tasks from different locations.

Integrations

  • Turnkey insolvency system
  • Flood Re
  • Cytora
  • Experian
  • Lexis Nexis

FAQ

Who is Acturis designed for?

Acturis is designed for insurance brokers, insurers, and Managing General Agents (MGAs) who operate in the general insurance market.

How does Acturis support regulatory compliance?

The platform uses workflows, audit trails, and secure personal data handling to help businesses evidence their regulatory compliance.

Does Acturis offer mobile access?

Yes, Acturis Mobile is a feature that allows users to access the system from various devices to support flexible working.

How is data transferred when moving to Acturis?

Acturis provides a migration process to help transfer data from a user's legacy platform.

Source category: Finance & Accounting

Source subcategory: Insurance Software

More tools in Finance & Accounting

Other published listings in the Finance & Accounting category.

Browse all tools in Finance & Accounting

More tools in the Insurance Software software type

Related listings that share the same software type for comparison and shortlisting.

Browse all Insurance Software software type tools