Insurance Policy Administration Software
Manage products and policies without waiting on developers.
Why teams choose 247 Labs
We have delivered secure policy and billing systems for insurance, finance, and healthcare organizations for more than a decade.
Clients value practical configuration thinking, reliable delivery, and systems that support product change without downtime.
Our team has shipped custom platforms, admin systems, and integrations across insurance and enterprise operations.
Challenge Map
Solve the three issues that make policy admin harder than it should be.
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Policy and product changes require developer tickets instead of configurable rules.
We build configurable product and rules layers so your team can update coverage, rates, and forms without waiting on a release cycle.
Often starts with a configuration gap review.Your legacy policy admin system can't support new products without a rebuild.
We modernize policy administration platforms in stages, adding new product support without forcing a disruptive full replacement.
Good for platforms nearing end of vendor support.Policy, billing, and claims data live in disconnected systems.
We build integrations that connect policy administration with billing, claims, and CRM systems so every team works from the same record.
Useful for fragmented core system environments.Services
Policy administration services for teams improving flexibility and control.
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Policy admin needs assessment
Review current product configuration, billing workflows, and integration gaps before committing to a direction.
Custom policy admin build
Build a policy admin platform tailored to your product lines, rating structure, and distribution channels.
Product & rules engine
Let underwriting and product teams update coverage, forms, and rating rules without a developer.
Billing automation
Automate premium billing, endorsements, and mid-term changes to cut manual processing time.
Core system integration
Connect policy administration to billing, claims, and CRM platforms for one accurate record.
Legacy system modernization
Move aging policy admin platforms to modern architecture without a disruptive full rebuild.
Case Studies
Insurance case studies with measurable outcomes.
HUB International: streamlined project management for efficiency
30% reduction in project management time
There was a partially built internal tool created by Hub International that we built on top of. Working from their repos and servers, we collaborated with their dev team to implement a user management system for their current and future brokers at Hub International.
Read case study →
Edge Benefits: configurable products and real-time policy updates
70% reduction in administrative workload
247 Labs built a configurable, web-based platform letting back-office users manage insurance products, business rules, and real-time policy updates — the same configuration pattern that makes policy admin easier to maintain.
Read case study →
DRI: a seamless budgeting portal for the US Department of Energy
Clearer, faster record management for staff
247 Labs built a structured budgeting portal for the US Department of Energy, showing the same record-accuracy discipline that policy administration systems need across billing and endorsements.
Read case study →Capabilities
The configuration, integration, and governance support policy admin needs.
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Define the right admin model
We map products, rating rules, and billing workflows before choosing a build or modernization path.
- Product and rules audit
- Billing workflow mapping
- Build versus extend review
- Reporting requirement capture
Build a configurable policy platform
We create product rules, billing modules, and integrations that reduce manual admin work.
- Product configuration engine
- Billing and endorsement modules
- Core system integrations
- Data migration tooling
Reduce administrative friction
We focus on faster product changes, fewer manual endorsements, and clearer billing visibility.
- Endorsement processing automation
- Billing exception alerts
- Data quality checkpoints
- Dashboard visibility
Protect policy and billing records
We design around rate filing accuracy, access controls, and audit expectations from the start.
- Role-based access rules
- Audit and change history
- Encryption and retention
- Privacy-aware integrations
Tech Stack
Policy administration should connect products, billing, and claims in one flow.
We build around the surrounding systems that make policy admin useful for underwriting, billing, and service teams.
247 Labs and their team were highly effective in their work, it is rare to find speed, detail and perfection, they have all three. Our team had an explosive idea, 247 Labs helped us get it off the ground.
AI Innovation Manager, IBM
Business Benefits
Configurable policy admin reduces delay and manual error.
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Faster product changes
Update coverage, rates, and forms without waiting on a development release cycle.
Fewer billing errors
Automate premium billing and endorsements to cut manual processing mistakes.
Stronger data accuracy
Keep policy, billing, and claims data aligned through cleaner core system integration.
More flexible products
Launch new coverage and riders without a full platform rebuild each time.
Better operational visibility
See endorsement backlogs and billing exceptions through clearer dashboards.
FAQ
Common questions before a policy administration project begins.
Policy administration software manages the full policy lifecycle — product setup, rating, issuance, endorsements, billing, and renewals — from one configurable system of record.
Off-the-shelf platforms often force your products into their structure. Custom development matches your exact product lines, rating logic, and distribution channels.
A focused single-product build can take 4-6 months, while a multi-line platform with billing and claims integration typically runs 9-14 months.
Yes. We build integrations connecting policy administration with billing, claims, and CRM platforms so every team works from one accurate record.
Let’s build something
great together.
We’re happy to answer any questions you may have and help you determine which of our services best fits your needs.
Call us at 1-877-247-7421 or email hello@247labs.com
Your Benefits:
- Client Oriented
- Independent
- Competent
- Result-driven
- Problem-solving
- Transparent
What happens next?​
1
We schedule a call at your convenience
2
We do a discovery and consulting meetingÂ
3
We prepare a proposalÂ
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