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PolicyFly

Growth platform for specialty insurers handling submissions, underwriting, and policy

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PolicyFly is a platform for specialty insurance that covers the workflow from submission intake through underwriting, policy administration and renewal. It is designed to reduce manual work caused by email-driven submissions, spreadsheets and disconnected systems, and to give MGAs, Coverholders, Carriers and Syndicates a single place to process risks and manage policies.

The platform is organized into six products: Capture, for AI-powered submission ingestion, data extraction and risk validation; Underwrite, for rating, dynamic quoting and risk structuring; Manage, for endorsements, cancellations, reinstatements and schedule management; Automate, for straight-through processing, sanctions checks and compliance validation; Integrate, for connections to third-party data sources, regulatory platforms and back office systems; and Measure, for reporting and analytics on submission flow, bind rates, premium trends and claims impact. Lines of business include Transportation, Property, Liability and Cyber.

PolicyFly is aimed at MGAs, MGUs, Program Administrators, Coverholders, Syndicates and Carriers. Programs are configured individually through an Insurance Innovation Process, with deployment described as taking weeks rather than months. The pages do not state pricing, plans or trial terms.

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