About Systema Software
Systema Software is a company based in Larkspur (United States) founded in 2006 was acquired by Insurity in December 2016. The company has 838 employees. Systema Software offers products and services including Insurity Claims, Predict AI Assistant, Analytics, and Circ Claims Payments. Systema Software operates in a competitive market with competitors including CLARA analytics, RYZE Claim Solutions, Insoore, Zing Cover and Eucon, among others.
- Headquarter Larkspur, United States
- Employees 838
- SectorsFinancial Services
- Website systemasoft.com
- Social LinkedIn X Facebook
- Acquired by Insurity (Dec 2016)
- Legal Name Insurity Llc
Products & Services of Systema Software
Systema Software offers a comprehensive portfolio of products and services, including Insurity Claims, Predict AI Assistant, Analytics, and Circ Claims Payments.
Platform for resolving insurance claims quickly and accurately.
AI for enhancing claims decision-making and efficiency.
Tools for converting claims data into actionable insights.
System for fast digital claims payments and processing.
Investors in Systema Software
Systema Software has secured backing from 1 investor. Prominent investors backing the company include Insurity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurity is recognized for providing cloud-native insurance software solutions. | 1985 | insurity.com | Hartford, United States |
Investor details for Systema Software
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- Round participation
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Timeline of Systema Software
2 dated milestones of Systema Software across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Systema Software is founded.
- Exit Acquired by Insurity.
Competitors of Systema Software
Systema Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CLARA analytics, RYZE Claim Solutions, Insoore, Zing Cover and Eucon, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| claraanalytics.com | 2016 | Santa Clara, United States | $60.45M | 41 | Workers' compensation claims are managed via predictive analytics. | |
| ryzeclaims.com | 1996 | Dallas, United States | – | 176 | Property and casualty claims services are managed for insurers. | |
| insoore.com | 2017 | Rome, Italy | $5.98M | – | P&C insurance claims are processed for fleet management and insurers. | |
| zingcover.com | 2019 | London, United Kingdom | $1.41M | 7 | Insurance checkout solutions for e-commerce businesses | |
| eucon.com | 2002 | Munster, Germany | – | 92 | Business processes are digitalized through data and analytics solutions. | |
| assuredsoftware.com | 1997 | Toronto, Canada | – | – | Online workforce and job management solution for enterprises | |
| n2uitive.com | 2006 | Seattle, United States | $1.3M | 6 | SaaS software and analytics are supplied for insurance claims processing. | |
| claimsconsortiumgroup.co.uk | 1996 | Somerset, United Kingdom | – | – | Claims management for UK insurers is handled via specialized technology. | |
| consolidatedclaims.com | 2004 | Charlotte, United States | – | – | Claims for insurance carriers are managed using technology and marketing. | |
| casentric.com | 2010 | Cleveland, United States | $250,000 | – | Software solutions for claims management |
Detailed competitors of Systema Software
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- Full competitor set
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Similar companies to Systema Software
10 companies that operate in the same segment as Systema Software (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about Systema Software
Systema Software was founded in 2006.
Systema Software is headquartered in Larkspur, United States. It is registered at Larkspur, Colorado, United States.
Systema Software has 838 employees.
Systema Software was founded in 2006 and is based in Larkspur, United States. SIMS Claims, its primary product, serves as a web-based platform for managing claims in Workers Compensation, Auto, Liability, and Property insurance sectors. Operations focus on core functionalities including document management, diaries, claim email handling, and reporting tools to support insurance administration processes.
Systema Software's top competitors include CLARA analytics, RYZE Claim Solutions and n2uitive.
Systema Software offers Insurity Claims, Predict AI Assistant, Analytics, and Circ Claims Payments.
Systema Software has 1 investor. Key investors include Insurity.
Systema Software operates through Insurity Llc.
Yes. Systema Software was acquired by Insurity in December 2016.