Insillion and Profinch Partner for OIPA
Analysis based on 8 articles · First reported Apr 08, 2026 · Last updated Apr 08, 2026
The partnership between Insillion and Profinch is expected to positively impact the insurance technology market by offering a streamlined solution for insurers. This collaboration, leveraging Oracle Corporation's OIPA, could lead to increased efficiency and innovation within the insurance sector.
Insillion, a provider of insurance technology, has announced a strategic partnership with Profinch, a global BFSI technology leader and Oracle Corporation Insurance Policy Administration (OIPA) implementation partner. This collaboration aims to deliver a unified insurance solution that combines Insillion's insurance platform with Oracle Corporation's policy administration capabilities, orchestrated through Profinch's OIPA implementation and integration expertise. The partnership addresses the challenge insurers face in managing multiple systems and vendors, enabling both greenfield and existing carriers to modernize legacy platforms, accelerate product launches, and integrate AI-driven capabilities without replacing their current infrastructure. Mahavira, co-founder of Insillion, and Arun Mallavarapu, Insurance Practice Head at Profinch, both highlighted the benefits of this partnership for innovation and core system stability in the insurance industry.
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