Softwr

Insurance · head to head

INSTANDA vs Splice Software

INSTANDA logo

INSTANDA

Insurance

No-code product builder that lets underwriters configure and launch insurance products themselves

From
On request
Rated
-
Full reviewWebsite
Splice Software logo

Splice Software

Insurance

Digital transformation for insurance agents

From
$149/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: INSTANDA it is a product and policy layer, not a full core suite, so claims, finance, commissions and reporting are integrations you pay for separately and the total is well above the licence quote.; Splice Software pricing is not published; the site says pricing fits your budget without stating any figure
  • They diverge on capability: INSTANDA covers Browser-based product build, Splice Software covers Client portal.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which INSTANDA and Splice Software actually diverge.

Attributes where INSTANDA and Splice Software differ
AttributeINSTANDASplice Software
Starting priceOn request$149/month
Pricing modelquotesubscription
PlatformsWeb, APIWeb, Ios, Android
FoundedUnknown2015

Identical on both: free tier (No), user rating (Not yet rated), category (Insurance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in INSTANDA

  • Browser-based product build
  • Rating configuration
  • Document generation
  • Distribution portals
  • API access
  • Product versioning

Only in Splice Software

  • Client portal
  • Policy management
  • Document management
  • Communication tools
  • Task automation
  • Client engagement tracking
  • Mobile app
  • Analytics dashboard

What people use each for

The jobs each tool is most often brought in to do.

INSTANDA

  • An MGA launching a niche product in weeks and iterating rating without a development cyclenot Splice Software
  • A broker building an own-brand scheme on top of a capacity agreementnot Splice Software
  • A carrier running product experiments away from the core policy systemnot Splice Software
  • An embedded insurance programme where the product must be exposed through a partner APInot Splice Software

Splice Software

  • Automated outbound customer messaging across voice, text and emailnot INSTANDA
  • Personalised policy and renewal notifications for insurersnot INSTANDA
  • Opt-in and consent management for outbound contactnot INSTANDA
  • Automated surveys after a customer interactionnot INSTANDA

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

INSTANDA

  • It is a product and policy layer, not a full core suite, so claims, finance, commissions and reporting are integrations you pay for separately and the total is well above the licence quote.
  • No-code configuration puts product logic in the hands of underwriters, which is fast but also means product changes can bypass the change control and testing discipline an IT-owned release would enforce.
  • Complex rating that needs external models, machine learning scores or intricate referral hierarchies pushes past what browser configuration handles cleanly.
  • Market presence is concentrated in the United Kingdom and Europe, so North American buyers will find fewer local references and less familiarity with state filing workflows.
  • As configuration grows across many product versions it becomes its own maintenance burden, and without discipline you accumulate variants nobody remembers the reason for.

Splice Software

  • Pricing is not published; the site says pricing fits your budget without stating any figure
  • Sold mainly into insurance and regulated industries, and much of its value comes from integrations with systems like Duck Creek, Majesco and EZLynx

Pricing, plan by plan

INSTANDA

On request
  • INSTANDA Platform$undefined/year
    • Product configuration environment
    • Policy administration
    • Distribution portals

Splice Software

$149/month
  • Core$149/month
    • Client portal
    • Policy management
    • Document sharing
  • Professional$349/month
    • All Core features
    • Advanced analytics
    • Carrier integrations

Which should you pick?

Choose INSTANDA if

  • You need browser-based product build.
  • You work on Web, API.
  • You also want rating configuration.
INSTANDA review

Choose Splice Software if

  • You need client portal.
  • You work on Web, Ios, Android.
  • You also want policy management.
Splice Software review

Questions people ask

Is INSTANDA or Splice Software better?
Neither clearly leads. INSTANDA starts at On request and Splice Software at $149/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, INSTANDA or Splice Software?
INSTANDA starts at On request and Splice Software at $149/month.
Does INSTANDA or Splice Software run on more platforms?
INSTANDA runs on Web, API. Splice Software runs on Web, Ios, Android.
What is INSTANDA best used for?
INSTANDA is most often used for an mga launching a niche product in weeks and iterating rating without a development cycle, a broker building an own-brand scheme on top of a capacity agreement, a carrier running product experiments away from the core policy system, an embedded insurance programme where the product must be exposed through a partner api. Of those, an mga launching a niche product in weeks and iterating rating without a development cycle and a broker building an own-brand scheme on top of a capacity agreement are not what Splice Software is typically brought in for.
What can INSTANDA do that Splice Software cannot?
INSTANDA covers Browser-based product build, Rating configuration, Document generation, Distribution portals. Splice Software covers Client portal, Policy management, Document management, Communication tools.

Answered from the vendors’ own pages

INSTANDA: Can underwriters really build products without developers?

Yes for mainstream product structures, and this is worth testing in a proof of concept with your own staff. Complex rating that calls external models still needs engineering.

Splice Software: How much does Splice Software cost?

Splice Software does not publish specific pricing rates online. The website states 'Pricing that fits your budget,' but directs customers to request a custom demo or contact the company directly to discuss pricing based on their individual needs.

Source
INSTANDA: Is it a complete core system?

No. It covers product, quoting and policy administration well. Claims, finance and commissions are separate systems you integrate.

Splice Software: What is Splice Software's pricing model?

Pricing is customized per customer. Interested users must sign in to the application portal, request a demo, or contact Splice directly to receive a quote tailored to their specific requirements.

Source
INSTANDA: Where is it strongest geographically?

The United Kingdom and Europe, particularly among MGAs. North American deployments exist but the reference base is younger.

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