Softwr

Insurance · head to head

INSTANDA vs Tarmika

INSTANDA logo

INSTANDA

Insurance

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

From
On request
Rated
-
Full reviewWebsite
Tarmika logo

Tarmika

Insurance

Smart insurance management platform

From
On request
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.; Tarmika no pricing published on website; requires contacting sales
  • They diverge on capability: INSTANDA covers Browser-based product build, Tarmika covers Policy administration.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which INSTANDA and Tarmika actually diverge.

Attributes where INSTANDA and Tarmika differ
AttributeINSTANDATarmika
Pricing modelquotesubscription
PlatformsWeb, APIWeb, Ios, Android
FoundedUnknown2017

Identical on both: starting price (On request), 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 Tarmika

  • Policy administration
  • Claims management
  • AI-powered analytics
  • Real-time reporting
  • Document management
  • Customer portal
  • Mobile app
  • Integration support

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 Tarmika
  • A broker building an own-brand scheme on top of a capacity agreementnot Tarmika
  • A carrier running product experiments away from the core policy systemnot Tarmika
  • An embedded insurance programme where the product must be exposed through a partner APInot Tarmika

Tarmika

  • Business software solutionsnot INSTANDA
  • Enterprise platform servicesnot 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.

Tarmika

  • No pricing published on website; requires contacting sales

Pricing, plan by plan

INSTANDA

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

Tarmika

On request
  • Professional$undefined/month
    • Policy management
    • Claims processing
    • AI analytics

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 Tarmika if

  • You need policy administration.
  • You work on Web, Ios, Android.
  • You also want claims management.
Tarmika review

Questions people ask

Is INSTANDA or Tarmika better?
Neither clearly leads. INSTANDA starts at On request and Tarmika at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, INSTANDA or Tarmika?
INSTANDA starts at On request and Tarmika at On request.
Does INSTANDA or Tarmika run on more platforms?
INSTANDA runs on Web, API. Tarmika 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 Tarmika is typically brought in for.
What can INSTANDA do that Tarmika cannot?
INSTANDA covers Browser-based product build, Rating configuration, Document generation, Distribution portals. Tarmika covers Policy administration, Claims management, AI-powered analytics, Real-time reporting.

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.

Tarmika: How much does Tarmika cost?

Tarmika does not publish pricing on its website. Customers are directed to schedule a demo or contact the sales team directly to discuss pricing.

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.

Tarmika: Does Tarmika offer a free trial or demo?

Tarmika offers the option to schedule a demo with the company to learn more about features and discuss pricing.

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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