About Ignite
Ignite is a cloud-based insurance policy administration system developed by Verisk Specialty Business Solutions to support brokers, insurers, and managing general agents (MGAs).
Ignite Details
Vendor
Verisk Specialty Business Solutions
Year Launched
Location
22 Bishopsgate London EC2N 4BQ United Kingdom
Deployment
cloud, web browser
Training Options
demo
Countries Served
All Countries
Languages
English
Users
Insurance Agents, Insurance Brokers, Insurance Underwriters, Insurance Claims Adjusters, Insurance Risk Managers
Industries Served
Insurance, Brokerage, Financial Services
Tags
Insurance Policy, Ignite Technologies, Broker, Insurance SaaS, Insurance Rating Engine, Policy Administration System
Ignite's In-App Market Place
Does Ignite have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
0
Mini Apps
Pricing Options
Free trial
Free version
Request a quote
Promo Offer
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (Fr), SEK (kr), NOK (kr), DKK (kr), NZD (NZ$)
Pros & Cons
- Cloud-native architecture enables easy deployment without maintaining local servers.
- Unified platform combines quoting, policy admin, billing, and automation tools in one system.
- Frequent automatic updates ensure clients always use the latest platform version.
- Strong automation tools reduce manual administrative tasks for insurance brokers.
- Highly configurable platform allows insurers to build specialized insurance products quickly.
- Implementation may require configuration expertise due to insurance-specific complexity.
- Platform focus on brokers and MGAs may not fully address needs of large enterprise insurers.
- Customization for niche insurance lines may increase onboarding time for new users.
- Learning curve may exist for teams transitioning from legacy insurance systems.
- Smaller ecosystem compared to larger global insurance core systems.
Ignite's Support Options
Contact
+44 (0)20 7655 3000Chatbot
Available