Sirma Group Insurance

Insurance software and IT consulting for carriers and brokers in Central Europe.

Core Administration Established Public (parent company Sirma Group Holding dual-listed Feb 2026)

Overview

Sirma InsurTech is a specialized insurance software and IT consulting provider within Sirma Group Holding, one of Bulgaria's largest IT groups. Established in 2022 through acquisition of TBI Info AD, the division operates with 36 dedicated staff and combines deep insurance domain expertise with modern technology solutions. The company serves carriers, brokers, and agents primarily across Central and Eastern Europe, offering both proprietary software platforms and comprehensive consulting services.

The company's core offering is Sirma InSuite, a low-code core insurance platform built on Creatio's no-code process management framework. The platform supports the full policy lifecycle including quotation, underwriting, issuance, claims settlement, and payment processing. It functions as a standalone deployment or integrates with legacy systems and modern ERP/CRM suites. Sirma also offers Sirma Broker, a brokerage management platform, alongside IT and business consulting focused on digital transformation.

Sirma Group Holding completed dual listing on the Frankfurt Stock Exchange and Bulgarian Stock Exchange in February 2026, with the stock gaining 102.81% in the preceding period. The company operates as a certified Creatio partner, the only certified Creatio representative in Bulgaria, and leverages partnerships with leading platforms including SAP, Oracle, and Salesforce for enterprise solutions delivery.

Products & Services

Sirma InSuite

A low-code core insurance platform that bridges legacy systems with modern customer-facing applications. Built on Creatio's no-code process management platform, the system covers the complete policy lifecycle from quotation through claim settlement.

Key Features

Full policy lifecycle automation (quotation, offer, underwriting, issuance, claims, payments)
Integrated policy and claims management modules
Product design and business rule configuration
Standalone or legacy system integration capability
Cloud-based or on-premise deployment
Now available on Creatio Marketplace

Target Users: Insurance carriers requiring modern policy and claims administration

Sirma Broker

An intuitive platform for insurance brokers providing comprehensive brokerage management functionality and seamless operations support.

Target Users: Insurance brokers and agencies

IT Consulting & Implementation Services

Architecture deployment, regulatory compliance consulting, systems integration, and content management. Specializes in implementation of enterprise solutions including ERP (SAP, Oracle), CRM (Salesforce, Creatio), and legacy insurance platforms (INSIS).

Business Consulting Services

Digital transformation and process optimization consulting for the insurance sector focused on strategic technology adoption and operational efficiency.

At a Glance

Headquarters: Sofia, Bulgaria
Employees: 51-200
Funding: Public (parent company Sirma Group Holding dual-listed Feb 2026)

Category & Focus

Category: Core Administration
Subcategories: Core insurance system policy management claims management brokerage platform
Insurance Verticals: Life & Annuity P&C Health
Target Customers: Carriers, Brokers, Agents