Insurance Policy Management Software
The complete policy lifecycle, in one system
Quote, bind, issue, endorse, renew and cancel - with a single source of truth for every policy, coverage and customer, and a 360° view of every account out of the box.
One source of truth
Every policy, coverage and customer in one place - no silos or spreadsheets.
Less admin
Renewals, endorsements and documents run with far less manual effort.
Own it end to end
Your data and configuration, managed or on-premise - no lock-in.
One place for the whole book
Bring your entire book of business together in a single, connected platform. Underwriting, claims, finance and service teams all work from the same source of truth - with a shared, accurate view of policies, customers and claims that updates in real time.
What you can do
Shape the policy record to your book
Coverages, fields and rules are configuration, not a schema project. Model the products you actually write - on an ACORD-aligned data model - and change them as the book evolves, without waiting on a vendor release.
Automate what happens around the policy
Issuance, endorsements, renewals and cancellations can each trigger the next step: documents produced, invoices raised, tasks assigned, partners notified. Design that flow on a visual canvas and change it whenever the process changes.
Ask your PAS a question, in plain English
Policy data is reportable the moment it is written. Ask what your retention looks like this quarter, or which products are growing, and get the answer back without an export, a query language or a wait for the analytics team.
Everything you need, in the platform
Full lifecycle
Handle every stage of policy management from a single platform - new business, mid-term endorsements, renewals and cancellations. Each transaction flows through the same workflow, so nothing falls through the cracks and every change is captured against the policy record.
360° account views
Get a complete picture of each account without switching systems. Dedicated screens for policy, customer, claim and billing give your team instant context, so questions get answered on the first call and policy administration stays consistent across departments.
Mid-term changes
Process endorsements with confidence. Changes re-rate cleanly against the original terms, and a full audit history shows exactly what changed, when and by whom - keeping your policy documents accurate and your records defensible.
Automated renewals
Let the platform do the chasing. Renewal offers are generated automatically and followed up on schedule, reducing manual effort and protecting your retention. Your team steps in only where judgement is needed, not to push paperwork.
Branded documents
Produce professional policy documents on demand. Generate complete policy packs, schedules and certificates instantly, all styled to your brand - no templates to wrangle, no waiting on a separate document team.
Multi-brand & multi-currency
Run multiple organizations, brands and currencies on one platform. Whether you operate several trading names or write business across markets, policy management stays centralized while each brand keeps its own identity and pricing.
Up and running, fast
Configure the product
Model coverages, rules and documents.
Quote & bind
Issue policies from clean, consistent data.
Service & renew
Endorse, renew and cancel with full history.
Process a mid-term change on a fleet policy
A fleet customer adds two vehicles mid-term and expects an accurate endorsement.
Capture the change
The endorsement is raised against the in-force policy.
Re-rate the delta
Only the change is re-rated; the pro-rata premium is calculated.
Issue & document
The endorsement is issued and the updated documents generated automatically.
Illustrative example built on Openkoda's demo products.
Change products without disrupting in-force policies
Every product version bundles structure, rating, underwriting, forms and workflow together, with a clean lifecycle - so you can evolve a product while existing business stays exactly as it was bound.
- Draft → Current → Superseded for the whole product configuration
- In-force policies keep the exact version they were bound under
- New business rates on Current; roll back to a prior version any time
- Structural changes to a product with issued policies auto-clone a new version
Policy Administration Software for Your Team
Built for insurers, MGAs, brokers and agencies that need one accurate view of the book. Underwriting, servicing, claims and finance work from the same policy record, so nobody reconciles spreadsheets to answer a customer question - across one brand or several.
Questions, answered
Does it cover the entire policy lifecycle?
Can we run multiple brands or entities?
How are endorsements priced?
Does Openkoda include document management?
Does it integrate with our existing systems?
Can we automate workflows across the policy lifecycle?
How does it support compliance and audit readiness?
Can we run it in our own environment?
Does it support multiple currencies?
What makes this different from generic policy management software?
See Openkoda in your context
Book a live, personalized demo with our product team - tell us your use case and see the platform work with your data. No commitment.