Struggling with inaccurate quotes?
Inaccurate quotes don’t just lose you clients. They eat into your agency’s profits and damage your hard-earned reputation.
The pressure to deliver fast, competitive quotes often leads to manual errors and missed cross-selling opportunities, which keeps your agency from growing.
This is a massive industry-wide problem. In fact, Decerto found 70% of P&C insurers are increasing AI spending to fix operational inefficiencies. This shows how outdated manual processes are hurting agencies.
While focusing on quoting, mastering insurance claims management software is crucial for overall operational success.
The right software fixes this. It helps you perfect quoting accuracy and automate workflows, freeing up your team to focus on clients.
In this guide, I’ll show you my picks for the best insurance policy software. We’ll explore tools that eliminate guesswork and help you deliver precise quotes every time.
You’ll learn how these platforms can cut your costs, integrate with your CRM, and boost client retention through smarter, faster service.
Let’s get started.
Quick Summary:
# | Software | Rating | Best For |
---|---|---|---|
1 | Guidewire → | Growing private practices | |
2 | Duck Creek → | Mid-size carriers & MGAs | |
3 | Sapiens → | Innovative insurance agencies | |
4 | Insurity → | Large P&C insurers & MGAs | |
5 | Vertafore → | Growing private agencies |
1. Guidewire
Struggling with inconsistent quoting and high operational costs?
Guidewire’s InsuranceSuite, with PolicyCenter, ClaimCenter, and BillingCenter, directly addresses these issues for your P&C insurance practice. This means you can centralize policy administration, claims, and billing for streamlined operations and improved accuracy.
You’ll find solutions to optimize processes and enhance customer services across personal, commercial, and workers’ compensation lines, ensuring you can manage any policy type effectively.
Here’s how Guidewire helps.
Guidewire helps you engage with audiences and empower them across the entire policy lifecycle, built on technology trusted globally. You can accelerate your digital transformation through analytics-driven software and seamless integrations.
Unlock growth opportunities by automating processes and streamlining workflows. For example, Velocity Risk Underwriters achieved a 60% cost reduction and doubled profitability by leveraging InsuranceNow, also boosting straight-through processing to 98%. Additionally, Definity, by migrating InsuranceSuite to Guidewire Cloud, experienced 10x faster deployment and 75% less downtime, accelerating broker quote response times by 34% and increasing quotes by 4%.
The result: confident engagement, intentional innovation, and efficient growth.
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Key features:
- Comprehensive InsuranceSuite: Combines PolicyCenter, ClaimCenter, and BillingCenter for a unified platform to manage the entire P&C insurance lifecycle, from policy administration to claims and billing.
- Advanced Analytics Solutions: Includes HazardHub for enhanced pricing and underwriting efficiency, providing 10x more data to speed up quoting, binding, and coverage issuance processes.
- Cloud-Native Platform: Guidewire Cloud provides agility with faster deployments and reduced downtime, supporting growth and enabling quicker product launches like usage-based insurance.
Guidewire features, pricing, & alternatives →
Verdict: Guidewire stands out as a top contender for the best insurance policy software, particularly for growing private practices. Its comprehensive InsuranceSuite and robust analytics tools like HazardHub directly address your pain points, leading to significant cost reductions, improved quoting accuracy, and efficient growth, as evidenced by successful customer implementations.
2. Duck Creek
Struggling with complex policy management and real-time quoting?
Duck Creek offers a comprehensive suite of low-code SaaS core systems. This means you can deliver protection faster and smarter.
This allows you to rapidly develop and deploy new insurance products, and update existing ones, addressing ever-changing consumer needs. You can even personalize your P&C insurance products.
How can Duck Creek help you?
You can humanize customer experiences, building trust through more empathetic and personalized interactions. Plus, you’ll achieve faster speed-to-market using their low-code tools and reusable product modules. This directly translates to capturing ever-changing P&C insurance needs with ease.
Additionally, you can grow your distribution channels, increasing sales and enhancing agent and broker loyalty and satisfaction. The solution handles over 50,000 transactions for policies daily and includes 130+ partner integrations and 2,600+ APIs.
Simplify complexity across the entire insurance lifecycle.
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Key features:
- Policy Management: Manage the entire policy lifecycle, including quotes, applications, issuance, and endorsements, with modern, intelligent technology.
- Low-Code Configuration: Implement changes quickly without extensive coding, enabling developers to adapt to new needs efficiently.
- Anywhere Integration: Connect to a broad ecosystem of partners and existing IT infrastructure, streamlining operations and data flow.
Duck Creek features, pricing, & alternatives →
Verdict: Duck Creek provides a modern, intelligent, and humanized technology suite, making it an excellent choice for the best insurance policy software. Its low-code configurability and extensive integration capabilities, demonstrated by 130+ partner integrations, help you simplify complexity and achieve faster speed-to-market.
3. Sapiens
Tired of inaccurate quotes and high costs?
Sapiens offers intelligent insurance solutions, including IDITSuite for Property & Casualty, to accelerate your innovation.
This means you can reduce your time-to-market and build new products quickly with their pre-packaged solutions for P&C, Life & Pensions, and Reinsurance.
It’s time to grow your business.
Sapiens provides an AI-driven, open, and integrated insurance platform designed to empower your agency. This platform accelerates innovation and delivers sustained value, ensuring you can grow and differentiate.
You’ll benefit from their core solutions like IDITSuite for P&C, which is a multilingual, multicurrency, and configurable solution featuring a user-friendly, web-based interface. Additionally, their DataSuite provide the agility and flexibility of the cloud for meeting your business goals and staying ahead. The result is a comprehensive, flexible, and highly automated claims management solution.
Your agency can thrive with Sapiens.
Key features:
- AI-driven Solutions: Automate processes and stay ahead with intelligent, open, and integrated solutions that accelerate innovation for your business lines.
- Comprehensive Suites: Access pre-packaged solutions like IDITSuite for Property & Casualty and CoreSuite for Life & Pensions, designed for quick product development and market entry.
- Cloud Agility: Leverage the scalability and flexibility of their cloud services to meet your business goals and enhance overall operational efficiency.
Sapiens features, pricing, & alternatives →
Verdict: Sapiens offers an intelligent, AI-driven platform that excels in functionality and technology for both Property & Casualty and Life & Pensions. This makes it a strong contender as the best insurance policy software for agencies seeking to reduce time-to-market, improve quoting accuracy, and cut costs.
4. Insurity
Are you struggling with policy quoting accuracy?
Insurity’s policy administration software keeps you current with every bureau circular change. This means your policies, even large ones with thousands of locations, are always compliant.
It helps you manage multi-line policies efficiently by processing even the largest policies with thousands of locations. You can launch new products in less than 30 days.
Here’s how Insurity solves this.
Insurity’s cloud-native platform simplifies your core operations, including policy, billing, and claims, all with an intuitive interface. This allows you to automate quote generation and streamline your entire process.
It also boasts the most valuable data assets in the industry, including the proprietary $109B Valen Data Consortium, plus access to over 50 third-party data providers. This robust data foundation ensures exceptional real-time quoting accuracy.
Additionally, with Insurity Premium Audit, you can automate your entire audit process, recovering missing premiums and maximizing efficiency without needing to add more auditors. This dramatically reduces manual workflows and allows you to quickly cover new risks.
The result: significant cost reduction and improved accuracy.
Key features:
- P&C Policy Admin System with fully managed regulatory changes, ensuring compliance and seamless processing for large policies, trusted by over 500 insurers.
- Insurity Platform for launching new products faster through a smart, simple, and configurable cloud-hosted system that includes policy, billing, and claims.
- Insurity Premium Audit to automate the entire audit process, enabling recovery of missing premiums, reducing manual workloads, and maximizing efficiency.
Insurity features, pricing, & alternatives →
Verdict: Insurity stands out as a strong contender for the best insurance policy software, particularly for P&C insurers and MGAs. Its ability to process large, complex policies, automate premium audits to recover missing premiums, and enable rapid new product launches within 30 days directly addresses critical pain points in quoting accuracy and cost management.
5. Vertafore
Struggling with quoting accuracy and rising operational costs?
Vertafore offers solutions like AMS360 and PL Rating to streamline your agency management and quoting processes. This helps you achieve greater precision and efficiency.
Their Project Impact initiative is specifically designed to deliver significant time-savings for agency service professionals, aiming for an hour of daily time saved per employee. This directly addresses the need to reduce manual workflows and boost productivity within your practice.
Ready to unlock real transformation?
Vertafore aims to simplify and automate your insurance technology. Their integrated platform, AgencyOne, brings together everything agencies need to run and grow their business.
This means you can leverage solutions like AgencyZoom for sales automation and InsurLink for client engagement, providing a single, connected experience for your entire agency. Additionally, their Sircon products assist with credentialing and compliance, helping you navigate complex regulatory requirements. By unifying these functions, Vertafore empowers you to focus on [client relationships and strategic growth].
This comprehensive approach helps modernize your agency operations.
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Key features:
- Integrated Platform: AgencyOne offers a single, connected experience, bringing together various best-of-breed solutions for seamless agency management and growth.
- Time Savings & Automation: Project Impact is dedicated to saving agency service professionals up to an hour daily through automated processes and streamlined workflows.
- Rating, Quoting & Compliance Tools: Features like PL Rating and Sircon support accurate quoting, ensure compliance, and manage credentialing efficiently for agencies and carriers.
Vertafore features, pricing, & alternatives →
Verdict: Vertafore’s comprehensive suite of tools, from integrated agency management to automated quoting and compliance solutions, makes it a strong contender for the best insurance policy software. Their focus on delivering significant time savings and a unified experience helps growing private practices improve quoting accuracy and cut costs.
6. INSTANTDA
Is your insurance agency struggling with quoting accuracy?
INSTANTDA offers an API-first, cloud-native, no-code platform designed to put you in control, enhancing your ability to deliver and manage insurance with agility. This means you can transform pricing and coverage capabilities rapidly.
This platform helps you accelerate growth while keeping total cost of ownership low. You can launch hyper-personalized products and customer experiences.
Here’s how INSTANTDA solves these pain points.
INSTANTDA’s digital distribution capabilities enhance customer and broker engagement across channels, blending digital self-service with high-touch interactions. You can accelerate product development to launch new MVPs in weeks, not months.
Additionally, the platform automates policy administration for optimal efficiency, simplifying quoting, policy management, and renewals. This enables you to boost quote-to-bind times and improve risk evaluation with deeper data insights by automating time-intensive tasks. The result is a richer, more comprehensive view of risk.
Scale smarter, expand faster across regions and states.
Key features:
- No-code product creation: Empower your business teams to own product design and distribution, dramatically reducing the time, risk, and cost of insurance product innovation.
- Automated policy administration: Streamline your operations with automated policy management, including quoting, renewals, and underwriting, for optimal efficiency and improved quote-to-bind times.
- Real-time reporting and insights: Unlock deeper data insights and real-time reporting capabilities, enabling data-driven decisions for better risk evaluation and performance optimization.
INSTANTDA features, pricing, & alternatives →
Verdict: If you’re seeking the best insurance policy software to gain greater control and flexibility over your offerings, INSTANTDA’s no-code platform is an ideal solution. It empowers you to accelerate product development and automate policy administration, evidenced by clients launching 50+ specialty products across multiple jurisdictions.
Conclusion
Tired of inaccurate quotes hurting you?
I know choosing the right platform is overwhelming. It’s tough to find a tool that truly fixes quoting errors and high operational costs.
In fact, Decerto research shows AI-driven platforms help insurers save billions annually through improved efficiency. This shift toward intelligent automation is essential for your agency’s survival and future growth.
So what’s the best option?
From my hands-on review, Guidewire is the clear winner. It’s designed to fix the quoting accuracy and cost issues that hold agencies back.
I’ve seen its impact firsthand with clients achieving 60% cost reductions. Using the best insurance policy software like this gives you a real competitive edge.
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I highly recommend you book a free demo of Guidewire. See how its unified InsuranceSuite can transform your agency’s workflows.
Your agency’s growth will thank you.