Underwriting Software

Insurance underwriting software (also called insurance underwriting and rating software) helps insurance companies manage and automate underwriting processes.

Insurance underwriting software (also called insurance underwriting and rating software) helps insurance companies manage and automate underwriting processes. Underwriting tools enable insurers to:

  • Efficiently process underwriting submissions
  • Improve risk assessment
  • Calculate premiums
  • Increase profitability through better risk pricing
  • Ensure regulatory compliance
If you’d like to learn about the ecosystem consisting of Underwriting Software and others, feel free to check AIMultiple Insurtech.

Compare Best Underwriting Software

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Results: 12

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What are our data sources?

We use the data sources on the side for ranking solutions and awarding badges in underwriting software category. Our data sources in underwriting software category include;

4

review websites

2

social media websites

1

search engine data for branded queries

Underwriting Software Leaders

According to the weighted combination of 7 data sources

BriteCore

Oracle Insurance Insbridge Enterprise Rating

Guidewire PolicyCenter

iFoundry Rating Engine

EZ-RATER

What are Underwriting Software market leaders?

Taking into account the latest metrics outlined below, these are the current underwriting software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.

BriteCore

Oracle Insurance Insbridge Enterprise Rating

Guidewire PolicyCenter

EZ-RATER

[VRS]™ Virtual Risk Space

What are the most popular Underwriting Software?

What are the most searched underwriting software brands?

Searches with Brand Name

These are the number of queries on search engines which include the brand name of the solution. Compared to other Insurtech categories, Underwriting Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 96%, 11% more than the average of search queries in this area.

What are the most mature Underwriting Software?

Which underwriting software companies have the most employees?

9,868 employees work for a typical company in this solution category which is 9,847 more than the number of employees for a typical company in the average solution category.

In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 8 companies with >10 employees are offering underwriting software. Top 3 products are developed by companies with a total of 200k employees. The largest company building underwriting software is Oracle with more than 200,000 employees.

Oracle
CGI Group
LexisNexis
Pegasystems
Guidewire

What are the Underwriting Software growing their number of reviews fastest?


We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.

These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.

What is the average customer size?

According to customer reviews, most common company size for underwriting software customers is 1,001+ employees. Customers with 1,001+ employees make up 44% of underwriting software customers. For an average Insurtech solution, customers with 1,001+ employees make up 44% of total customers.