Faroe’s 2025 PAS Report Highlights Insillion as a Modern MGA Policy Administration System

MGA Policy Administration System 

The "State of Policy Administration 2025" report by Faroe provides a focused review of the insurance policy administration market. It identifies important shifts that occurred in 2025. 

The report highlights the major structural shifts transforming the market: 

1.  AI becoming production-ready 
2.  Implementation timelines reducing from 12–18 months to under 90 days 
3. The growing dominance of API-driven, composable architectures 

Insillion is included among the 31 policy administration system providers profiled in this industry analysis. Faroe’s analysis points to a broader industry moving away from standard insurance systems built for carriers and multi-year implementations to flexible, cloud-native solutions designed around the rapid pace of MGA operations.   

Within this evolving landscape, Insillion is recognized as part of the new wave of modern platforms redefining what an MGA policy administration system can deliver in terms of deployment speed, configurability, and automation. As MGAs launch products faster and expand into new lines of business, the need for systems that scale without heavy upfront investment has become essential.  

How Insillion Stands Out 

The MGA Insurance Software platform supports this need through its pay-as-you-grow pricing structure. A key capability, Excel-to-API transformation, enables MGAs to convert spreadsheet-based rating logic into live API services. 

For MGAs seeking a modern MGA insurance platform, Insillion aligns strongly with the trends highlighted in the report, including: 

1. No-Code/Low-Code Product Configuration: Empowers underwriting and product teams to configure rates, rules, workflows, and documents. 
2. Integrated Policy Administration + Billing: A unified policy administration and billing platform with API-first connections to data providers and payment gateways, enabling MGAs to streamline operations end-to-end. 
3. Plug-and-Play Integrations: Insillion offers ready APIs, portals, and SDKs enabling MGAs to rapidly connect with distribution partners, data providers, and payment gateways, accelerating go-lives and supporting a composable MGA architecture 
4. Workflow Automation: Streamline FNOL, claims handling, endorsements, renewals, and other policy servicing workflows to enhance operational efficiency and broker turnaround times. 
5. Pay-As-You-Grow Pricing + 180-Day Sandbox: Insillion’s pay-as-you-grow pricing and 180-day sandbox environment allow MGAs to start lean, test freely, and scale. 

Being featured in this industry report validates Insillion’s role in supporting a new generation of MGAs. These MGAs expect scalable and agile MGU insurance software from day one.