CHENNAI, India, April 8, 2026 /PRNewswire/ — Insillion, an insurance technology provider for carriers and MGAs, announced a strategic partnership with Profinch, a global BFSI technology leader and Oracle Insurance Policy Administration (OIPA) implementation partner.
Together they will deliver a solution that combines Insillion’s insurance platform with Oracle’s policy administration capabilities. This is orchestrated through Profinch’s OIPA implementation and integration capabilities, enabling core modernization and AI-powered functionality for insurers.
Used by more than 45 carriers and MGAs worldwide, Insillion is known for its product builder, distribution APIs, AI-powered workflows and middleware for rapid product launches. Oracle provides a comprehensive, rules-based policy management system that supports the entire policy lifecycle. Profinch brings deep domain expertise to the global implementation of OIPA with its presence in more than 60 countries. The implementation approach enables seamless integration with existing systems and helps carriers reduce TCO.
This partnership solves a key challenge for insurers: managing multiple systems, integrations and suppliers. It helps greenfield and legacy carriers modernize existing platforms, accelerate product launches, and add AI-driven capabilities without replacing their current infrastructure.
“Carriers need to innovate without disrupting their core businesses. This partnership makes that possible,” said Mahavir, co-founder of Insillion. “By connecting Insillion’s APIs and AI capabilities to OIPA through the implementation of Profinch, we are offering carriers a faster way to launch insurance products.”
“Our customers want the reliability of Oracle policy administration combined with robust front-end capabilities,” said Arun Mallavarapu, head of insurance practice at Profinch. “By combining Insillion’s API-driven capabilities with OIPA and Profinch’s accelerator-driven implementation, we enable insurers to innovate while maintaining core system stability.”
About Insillion:
Insillion is a provider of insurance technology to carriers and Managing General Agents (MGAs) in North America, India, the Middle East and APAC. With over 20 years of industry experience, Insillion offers insurers API-driven SaaS and a Pay-as-you-Grow pricing model, enabling rapid product launches, faster quote-to-bind and AI-powered process automation with no upfront costs.
About Profinch:
Profinch is a specialist BFSI-focused technology company with an end-to-end understanding of how financial institutions operate and evolve. The company works with more than 170 financial institutions in more than 60 countries, helping clients transform, integrate and manage complex technology landscapes with full responsibility. Backed by proven delivery frameworks, purpose-built accelerators and an enterprise-wide execution model, Profinch delivers predictable, scalable results.
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