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SpeedBuilder Systems

Web-based policy administration and claims management software for P&C carriers and MGAs.

Core Administration Established Bootstrapped
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Overview

SpeedBuilder Systems develops web-based, enterprise-class policy administration and claims management software for small-to-medium-sized P&C insurance carriers and Managing General Agents (MGAs). Founded in 2001 by Rod Giess, the company has built a reputation for deep configurability and exceptional customer retention -- some clients have relied on the BindExpress platform for over 20 years.

The company's flagship product, the BindExpress Suite, offers over 4,000 configuration options spanning policy, claims, billing, and accounting. SpeedBuilder targets carriers and MGAs that need to get new products to market quickly without the overhead of heavy custom development, leveraging a low-code architecture to support all lines of P&C business.

Headquartered in Columbia, South Carolina, SpeedBuilder operates as a privately held, bootstrapped company focused on the US market. Its long-standing client relationships and a senior leadership team with deep insurance technology experience position it as a stable, specialist vendor in the core administration space.

Products & Services

BindExpress Suite

Comprehensive P&C insurance platform with over 4,000 configuration options covering policy, claims, billing, and accounting. Designed to enable carriers and MGAs to launch products quickly and manage operations efficiently without bespoke development.

Key Features

  • Low-code product configurator supporting all P&C lines of business
  • Integrated policy, claims, billing, and accounting modules
  • Real-time data synchronization across modules
  • Agent web portals for distribution growth

Target Users: P&C carriers and MGAs seeking speed-to-market and operational efficiency

BindExpress Policy

Web-based P&C policy administration system for all lines of business with an intuitive, no-training-required interface.

Key Features

  • Supports all standard P&C lines
  • Configurable workflow and business rules
  • Agent and underwriter-facing interfaces

Target Users: P&C carriers and MGAs

BindExpress Claims

End-to-end claims processing system with full workflow management.

Key Features

  • Complete claims lifecycle management
  • Workflow automation and task assignment
  • Integrated with BindExpress Policy

Target Users: P&C claims teams at carriers and MGAs

BindExpress Billing and Accounting

Invoicing, payment processing, and premium accounting module.

Key Features

  • Flexible billing schedules
  • Payment processing integration
  • Premium accounting and reporting

Target Users: Finance and operations teams at P&C carriers

SCORE Product Configurator

Rating model builder using Excel-like formulas, enabling insurers to build and modify rate plans without developer involvement.

Key Features

  • Excel-like formula interface
  • Supports complex rating logic
  • Integrated with BindExpress Policy

Target Users: Actuaries and product managers at P&C carriers

Agent Web Portals

Best-of-breed agent-facing portals to grow distribution and improve agent sales workflows.

Key Features

  • Real-time quoting and binding
  • Policy management for agents
  • Customizable branding

Target Users: Independent agents and MGAs

BindExpress for Nonstandard Auto

Specialized solution for nonstandard auto insurance programs.

Key Features

  • Tailored workflows for nonstandard auto
  • Full integration with BindExpress Suite

Target Users: Nonstandard auto carriers and MGAs

At a Glance

Founded
2001
Headquarters
Columbia, South Carolina, United States
Employees
51-200
Funding
Bootstrapped

Category & Focus

Category
Core Administration
Subcategories
Policy Administration Claims Management Billing Agent Portals
Insurance Verticals
P&C Personal P&C Commercial Specialty/E&S
Target Customers
Carriers, MGAs/MGUs

Customers

  • Wolverine Mutual Insurance Company
  • Eagle Ocean America
  • Value Insurance MGA
  • Bridger Insurance Services

Last updated: 2026-04-08