INSTANDA, a global provider of no-code insurance technology, has announced a new partnership with Coherent, an enterprise automation and intelligence platform specializing in spreadsheet transformation. The collaboration aims to simplify the launch and maintenance of insurance products by integrating Coherent’s model-to-API capabilities with INSTANDA’s no-code configuration tools.
Combining No-Code Tools with API-Driven Logic
The partnership brings together INSTANDA’s platform, known for enabling insurance product creation without traditional coding, and Coherent’s enterprise platform, which automates spreadsheet-based decision logic. Coherent’s system is designed to convert the intellectual property embedded in enterprise spreadsheets into API-connected digital assets, allowing for reuse and scalability.
The joint solution is intended to streamline rating and policy administration, accelerating decision-making, enabling rapid product deployment, and supporting real-time compliance oversight.
Goals of the Integration
The unified solution seeks to enhance agility and reduce time to market for insurance carriers. Key capabilities include:
- No-code product configuration via INSTANDA
- API-based rating delivery through Coherent
- Seamless management of product changes without redeploying applications
- Use of reusable asset libraries to avoid duplication
- Direct integration of existing rating models into INSTANDA’s platform
The integration supports both personal and commercial lines of insurance.
Executive Statements
Tim Hardcastle, CEO and co-founder of INSTANDA, emphasized the need for speed and adaptability in today’s insurance environment. He stated: “Insurers today are navigating a landscape defined by rapid change and increasing complexity. By integrating no-code with API-based rating, we’re enabling our clients to respond to market demands with greater speed, accuracy, and confidence.”
John Brisco, CEO and co-founder of Coherent, highlighted the value of transforming rating logic into governed, automated, and API-accessible assets: “Rating is the heartbeat of every insurance product — but for too long, it’s been constrained by slow, manual processes and operational risk. Our partnership with INSTANDA delivers a streamlined, scalable solution that empowers carriers to update pricing and regulatory logic in real time.”
Target Applications and Benefits
The partnership is positioned to benefit insurers and Managing General Agents (MGAs) who are modernizing legacy systems while seeking to retain governance and operational flexibility. The integration is designed to help:
- Accelerate product updates and changes
- Minimize manual effort and errors
- Support ongoing compliance management
- Enable competitive, modern insurance offerings
About INSTANDA
INSTANDA offers a complete digital platform for innovative insurers. Whether digitizing your entire business, or launching a new innovative product, INSTANDA provides everything you need to transform your value offering for the modern world. Visit http://www.instanda.com/us to find out how we help insurers deliver unparalleled value for their clients.
About Coherent
Coherent is the global leader in enterprise spreadsheet automation and intelligence, empowering over 100 leading financial services firms, including Tier 1 insurers, wholesale brokers, asset managers, pension funds, and banks.
Headquartered in North America with a presence across Asia Pacific and Europe, Coherent is led by a seasoned executive team and backed by world-class investors.
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