SLK Software

Insurance technology services provider specializing in AI-driven automation, policy administration, and claims management solutions.

Core Administration Established Acquired

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Overview

SLK Software is a global technology services provider specializing in AI-driven solutions, intelligent automation, and digital transformation for the insurance and financial services industries. Founded in 2000 and headquartered in Bengaluru, India, SLK maintains dedicated expertise in insurance domain with comprehensive platforms for policy administration, underwriting automation, claims management, and agency operations.

In October 2025, SLK Software was acquired by Altimetrik, a TPG-backed digital engineering company, expanding its reach to over 150 enterprise clients including Fortune 500 companies. The combined entity leverages Altimetrik's AI-first engineering capabilities with SLK's 25 years of insurance domain specialization, operating across 6 continents with 16+ global locations.

SLK's core offerings include the Avo Automation suite (Avo Assist for process automation, Avo Assure for test automation, Avo Discover for process mining) alongside comprehensive insurance platforms covering the full policy lifecycle, underwriting workflows, claims processing, and reinsurance administration.

Products & Services

Avo Assist

Robotic Process Automation (RPA) solution designed for insurance workflows. Automates repetitive, rule-based tasks in policy administration, claims processing, and underwriting to reduce manual effort, improve efficiency, and accelerate processing times.

Key Features

Policy administration automation
Claims processing workflows
Underwriting task automation
Integration with existing enterprise systems

Target Users: Insurance carriers, claims departments, underwriting teams

Avo Assure

Test automation and quality assurance platform built specifically for insurance applications. Enables rapid deployment of automated testing across insurance operations with proven track record in complex enterprise environments.

Key Features

Automated testing for insurance applications
Rapid test deployment across business units
Integration with insurance policy administration systems
Comprehensive quality assurance coverage

Target Users: Insurance IT teams, QA departments, large carriers

Avo Discover

Process discovery and mining solution that identifies automation opportunities within insurance workflows. Analyzes and visualizes current business processes to inform automation strategy and prioritization.

Key Features

Process mining and discovery
Automation opportunity identification
Workflow visualization
Data-driven optimization insights

Target Users: Insurance operations teams, transformation managers

Insurance-Specific Platforms

Comprehensive AI-powered insurance solutions covering:

Key Features

Policy Administration: Policy lifecycle management, new business, endorsements, agency management and compensation
Underwriting: AI-driven underwriting automation with risk assessment and decision support
Claims Management: End-to-end claims processing with improved turnaround and automated workflows
Reinsurance Solutions: Reinsurance administration, treaty management, and accounting
Agency Management: Commission management, compensation, and distribution channel support

At a Glance

Founded: 2000
Headquarters: Bengaluru, India
Employees: 501-1000
Funding: Acquired

Category & Focus

Category: Core Administration
Subcategories: Policy Administration Underwriting Automation Claims Management Reinsurance Solutions
Insurance Verticals: P&C Life & Annuity Specialty Reinsurance
Target Customers: Carriers, MGAs, TPAs