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Fadata

Cloud-based policy administration for insurers

Overview

Fadata provides an insurance core system called INSIS, a modular SaaS platform that handles life, general (P&C), and health policies. It automates policy administration, billing, claims, and reinsurance, with open APIs for third-party integrations and cloud-ready deployment on platforms like AWS. The platform is highly configurable with product design and process management tools and includes an AI module with pre-built models to automate operations, enabling real-time reporting and rapid product launches. Fadata differentiates itself through a global, cloud-enabled ecosystem, a broad partner network, and the ability to connect insurers across multiple countries into a single, scalable solution.

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About Fadata

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Industries

Data & AnalyticsEnterprise SoftwareAI & Machine LearningFinancial Services

Company Size

201-500

Company Stage

Acquired

Total Funding

N/A

Headquarters

Munich, Germany

Founded

1990

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Simplify's take

What believers are saying

  • September 30, 2026 AI platform launch reframes Fadata around compliance-first insurer automation.
  • August 28, 2026 AI & SaaS leadership team signals heavier investment in execution.
  • November 11, 2026 Carbone partnership speeds document generation across policies, claims, and reports.

What critics are saying

  • Fadata still depends on INSIS modernization; one stalled migration can freeze revenue recognition.
  • 2027 buyers delay AI spend, starving Fadata's new platform of traction.
  • Guidewire and Duck Creek continue squeezing core-system deals with broader ecosystems.

What makes Fadata unique

  • INSIS 12.8 and 12.9 unify policy, claims, billing, reinsurance, and APIs.
  • Fadata serves 60 insurers across 30 countries, spanning life, P&C, and health.
  • Deutsche Telekom data-sovereignty positioning and EU-hosted partners target regulated buyers.

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Funding

Total Funding

N/A

N/A

Industry Average

Funded Over

1 Rounds

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