Ancileo
API-first digital insurance platform for distribution, policy management, and claims automation
Overview
Ancileo is a digital insurance distribution and policy administration platform for carriers, reinsurers, brokers, and affinity partners. The company, headquartered in Singapore, serves enterprise clients in the travel insurance segment and broader insurance ecosystem across the Asia-Pacific region.
The platform delivers an API-first architecture with white-label portals, agent portal management, premium billing, and claims automation. Designed as a modular SaaS offering, it supports 32 languages and integrates with over 120 payment currency methods, enabling insurers and distribution partners to deploy localized insurance products across diverse markets.
Founded in 2016 and seed-funded with USD 3M from Fermion in 2022, Ancileo counts MSIG Asia as both an investor and a strategic partner. The company hosted the Travel Insurance Unlocked Workshop in 2024 with representatives from 11 travel industry players, and launched Lea, an AI-powered claims digital agent, in mid-2024.
Products & Services
Digital Distribution Platform
An API-first distribution layer with white-label portal options and agent portal management. Supports personalization tools and direct integrations with insurer and partner systems.
Key Features
- White-label storefronts and agent portals
- Plug-and-play API for rapid integration
- Localized payment solutions with 120+ currency integrations
Target Users: Carriers, reinsurers, affinity distribution partners
Policy Management System
A modular policy administration system designed for multi-department usage, with configurable reporting and support for different insurance product types.
Key Features
- Flexible configuration for diverse insurance lines
- Customizable reporting and user rights management
- Multi-language support (32 languages)
Target Users: Carriers, MGAs
Lea -- AI Claims Automation
An AI-driven claims settlement platform launched in June 2024, focused on efficiency and accuracy across the full claims lifecycle.
Key Features
- AI-powered claims assessment and settlement
- End-to-end claims workflow automation
- Integration with existing policy administration systems
Target Users: Carriers, reinsurers
Business Analytics
Real-time data visualization and reporting module for operational insights across distribution and policy operations.
Key Features
- Real-time dashboards and data visualization
- User rights management
- Operational reporting for multi-department use
Target Users: Carriers, operations and analytics teams
At a Glance
- Founded
- 2016
- Headquarters
- Singapore
- Employees
- 51-200
- Funding
- Seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Digital Distribution Policy Administration Claims Automation Premium Billing
- Insurance Verticals
- Specialty/E&S P&C Commercial Reinsurance
- Target Customers
- Carriers, Brokers, MGAs/MGUs, Reinsurers
Customers
- MSIG Asia (strategic investor and regional travel insurance partner)
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Last updated: 2026-05-17