Insly review: pricing, downloads and accounting
Insly is cloud policy administration software for MGAs and insurers. It lets them build insurance products, rate and sell them through brokers, and keep policies, premium accounting and claims in one place.
It fits MGAs and insurers more than US retail agencies, since it has no US carrier downloads. Insly quotes a monthly fee for a base package and modules, with unlimited users.
- Best for
- MGAs and insurers that build and sell their own products, plus brokers outside the US
- Lines
- P&C, commercial and personal lines
- Price
- Quote only. Monthly base package plus modules, with unlimited users
- How it runs
- Browser
- Carrier downloads
- No US carrier downloads
- Accounting
- Insurance premium ledger built in. Office books stay in your own accounting software
- Contract
- Monthly license, 3 months' notice to end
- Demo or trial
- Free demo, and a 2-week trial before license fees start
Our take
Insly suits an MGA or insurer that wants to launch and change its own products without hiring programmers. Brokers get a portal to quote and bind, and premium accounting stays inside the same system.
It isn't built for a US retail agency. There are no IVANS downloads from carriers, so look at a US agency system if most of your book comes from carrier downloads.
Pros
- Low-code product and rate builder
- Unlimited staff and broker users
- Insurance ledger with multiple currencies
- Broker portal and claims portal included in the platform
- Monthly license with published terms
Cons
- No published prices
- No US carrier downloads
- Three months' notice to leave and no refunds
- Office books need separate accounting software
- Full setup takes about 3 months
Plans and pricing
| Plan | Price | What it includes |
|---|---|---|
| MGAManaging general agents | Quote only | Base package plus modules, unlimited internal and broker users and a key account manager. Setup for a fixed fee or pay as you go |
| InsurerInsurance companies | Quote only | Base package plus modules, unlimited users, extended user controls and a dedicated implementation team |
- How it's priced
- A monthly fee for the base package, plus a fee for each added module
- What sets the price
- The modules you pick, the setup work and the premium you write through Insly
- Users
- Unlimited staff and outside broker users at no extra cost
From Insly's pricing page and website license terms, checked October 2026. Insly publishes no amounts.
Clients and policies
Insly is a policy administration system, which means it holds the insurance products themselves as well as the policies sold on them. An MGA (managing general agent, a firm that writes policies for insurers) builds products, sells them through brokers and keeps policies, premiums, claims and documents in one place.
- Records
- Products, proposals, applications, policies, premiums, claims and documents
- Broker side
- Brokers submit, quote and bind in a broker portal, then handle mid-term changes and renewals
- BrokerFlow
- A separate proposal tool for brokers that sends sold business to the systems they already use
Carrier downloads
- US carriers
- No IVANS downloads, ACORD forms or certificates. IVANS is the network US carriers use to send policy data to agencies
- Data to insurers
- Bordereaux, the regular reports of policies and premium an MGA sends its insurers, in real time or as Excel files
- Partner rating
- Partners can call Insly's rates through its API
Certificates, ACORD forms and claims
- Policy changes
- Mid-term changes, endorsements and renewals, including automatic renewals
- Claims
- Claims handling with documents, plus a claims portal where customers or advisors report a loss
- Referrals
- Cases outside your rules go to an underwriter for review
Rating and quoting
- Product builder
- A low-code tool for setting up products, rates and documents without programmers
- Rating engine
- Insly's own rating engine, which also runs on its own through the API. You can import an Excel rater
- Brokers
- BrokerFlow builds side-by-side proposals. See other raters and quoting tools for US agencies
Accounting and commissions
General ledger
Insly keeps a double-entry ledger for insurance transactions only. Payroll, rent and other office costs stay in your own accounting software, which Insly connects to.
- Payments
- Premium collection through payment gateways and InslyPay, Insly's own payments arm
Documents, email and e-signature
- Storage
- Documents kept with underwriting and claims records
- Templates
- Policy documents produced as PDF, Word, Excel or JSON files
- E-signature
- In BrokerFlow, on broker proposals
Tasks, texting and phones
- Underwriting
- Workflows for underwriting cases, referrals and renewals. Simple cases run on their own
- Sales
- BrokerFlow steps brokers through proposals and applications
- AI
- Insly markets an AI assistant and a marketplace of AI agents
- Reports
- Custom and ready-made reports, a live copy of your database on request and BI access through the API
Mobile and client portal
Clients and brokers
A broker portal for selling and servicing, a claims portal, and APIs for building your own customer portal. Portals can carry your brand or sit inside a partner's site.
Integrations and API
| Connects to | Type | Direction | What it does |
|---|---|---|---|
| InslyPay | Payments | Built in | Collects premium payments |
| Your accounting software | Accounting | Out of Insly | Takes non-insurance transactions |
| Partner rating | Rating | Into Insly | Partners request Insly rates by API |
| Insurers | Bordereaux | Out of Insly | Policy and premium data in real time or by Excel |
| Broker systems | BrokerFlow | Out of Insly | Sends proposals to the broker's own systems |
- API
- Public API documentation from Insly
- Who can use it
- Customers and partners, with a username and password from Insly support
Hosting and product status
- How it runs
- Cloud software in a web browser
- Product status
- Current. Insly bought Socrates Systems, another insurance software company, in 2025 and still sells its products under the Socrates name
Getting started
Book a demo
Insly scopes the modules and setup you need and sends a quote.
Trial period
Under Insly's website license terms, fees start after a 2-week trial.
Test draft
A first draft of your product, usually in 2 to 3 weeks.
Build
Products, documents and workflows set up over 1 to 3 months.
Go live
Full use after about 3 months. A single new product can go live in 7 to 14 days once you're running.
Timeline from Insly's own site. Insly publishes no list of what it converts from an older system, though it imports claims bordereaux and Excel raters.
Support and training
- Channels
- Email and in-app chat
- Help
- A key account manager on the MGA plan, an implementation team on the Insurer plan
Security
How data is protected
- ISO/IEC 27001 and 27017 certified, per Insly
- Every user and API action logged
- Broker portal permissions you can adjust
- Your client data stays yours under the terms
Contract and your data
- Term
- Monthly license that continues until one side ends it
- Notice
- Either side can end it with 3 months' written notice
- Price changes
- At least 1 month's notice
- Refunds
- None. Fees are non-refundable
- Your data when you leave
- Ask in writing within 1 month after the end and Insly exports it, possibly for a fee. Deletion follows, within 12 months
From Insly's website license terms, checked October 2026. A signed agreement may differ.
Insly alternatives
- SagittaQuote onlyVertafore system for large, multi-entity brokers
- Applied EpicQuote onlyCloud AMS for large US brokers with a general ledger
- NexsureQuote onlyBrowser AMS for multi-office brokers and agency networks
- Amplo (formerly Veruna)Quote onlySalesforce-based AMS for brokers and multi-office agencies
- Newton by Agency SystemsQuote onlyWindows AMS that also serves general agencies
See every option in insurance agency management systems.
Frequently asked questions
How much does Insly cost?
Insly quotes a monthly fee for a base package plus the modules you add, with unlimited users. It publishes no amounts.
Is Insly a good fit for a US independent agency?
Usually not. It is built for MGAs and insurers and has no US carrier downloads.
How do I cancel Insly?
Under its website terms, either side ends the monthly license with 3 months' written notice. Ask for a data export in writing within 1 month after the end.
Does Insly replace my accounting software?
Only for insurance transactions. Payroll and office costs stay in your own accounting software.
How long does Insly take to set up?
Insly says a first draft takes 2 to 3 weeks and full use about 3 months.
How we researched this review. We based this review on the terms and product pages published by Insly, reviewed in October 2026, together with our team's experience working with insurance agents and agency owners since 2008.
Corrections
Vendors change their pricing all the time and they don't email us when they do. So if you see a price on here that's gone up, a plan Insly quit selling or a contract term that reads different now, let us know and send the link to the page where Insly has it. Somebody here pulls up that page and checks it before we change anything on ours.