Insurance · head to head
Riskonnect vs SailPoint
Riskonnect
Insurance
Integrated risk management and claims administration for corporate risk teams
- From
- On request
- Rated
- -
SailPoint
Insurance
Identity governance for insurance operations
- From
- On request
- Rated
- -
The short version
- Each has a real cost: Riskonnect total first year cost is dominated by implementation rather than licence; vendor professional services frequently approach the annual licence figure and the internal staff time to define data structures and migrate historic claims is a comparable third cost that never appears in the quote.; SailPoint no published pricing available, custom quotes required for all customers
- They diverge on capability: Riskonnect covers Claims administration, SailPoint covers Identity governance.
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which Riskonnect and SailPoint actually diverge.
| Attribute | Riskonnect | SailPoint |
|---|---|---|
| Pricing model | quote | subscription |
| Platforms | Web, iOS, Android | Web, On-premise |
| Founded | Unknown | 2005 |
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 Riskonnect
- Claims administration
- Total cost of risk reporting
- Policy and exposure management
- Enterprise risk management
- Health and safety
- Business continuity
- Third party risk
- Data integration
Only in SailPoint
- Identity governance
- Access management
- Compliance automation
- Risk analytics
- Reporting
- Audit trails
- API access
- Integration support
What people use each for
The jobs each tool is most often brought in to do.
Riskonnect
- A self insured employer that wants to own its workers compensation loss data rather than depend on the broker or TPA system it will lose at renewalnot SailPoint
- A risk manager building a defensible total cost of risk figure for the CFO across claims, premium, retained losses and collateralnot SailPoint
- A third party administrator running claims for multiple clients that needs separate entity structures on one platformnot SailPoint
- A multinational consolidating claims, safety incidents and enterprise risk registers onto one entity hierarchy for board reportingnot SailPoint
SailPoint
- Access controlnot Riskonnect
- Compliance managementnot Riskonnect
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Riskonnect
- Total first year cost is dominated by implementation rather than licence; vendor professional services frequently approach the annual licence figure and the internal staff time to define data structures and migrate historic claims is a comparable third cost that never appears in the quote.
- The platform grew through acquisitions including Ventiv and Sword GRC, so module interfaces and administration models are not uniform and staff trained on one module do not transfer cleanly to another.
- Licensing is modular, so the price quoted for a claims deployment rises materially the first time the risk team wants ERM or business continuity, and there is little negotiating leverage once the claims data is migrated.
- Configuration depth means most changes go through an administrator or the vendor rather than an end user, and risk teams without a dedicated system administrator find that change requests queue for weeks.
- Historic claims data migration quality depends entirely on what the outgoing broker or TPA will export, and incomplete legacy data undermines the multi year trend reporting that was the reason for buying.
SailPoint
- No published pricing available, custom quotes required for all customers
- All pricing inquiries require booking a demo or contacting sales
Pricing, plan by plan
Riskonnect
On request- Riskonnect Platform$undefined/year
- Licensed by module, named user count and entity structure
- Claims administration and RMIS core
- Optional ERM, safety, continuity and third party risk modules
SailPoint
On request- Enterprise$undefined/month
- Identity governance
- Access management
- Compliance monitoring
Which should you pick?
Choose Riskonnect if
- You need claims administration.
- You work on Web, iOS, Android.
- You also want total cost of risk reporting.
Choose SailPoint if
- You need identity governance.
- You work on Web, On-premise.
- You also want access management.
Questions people ask
- Is Riskonnect or SailPoint better?
- Neither clearly leads. Riskonnect starts at On request and SailPoint at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Riskonnect or SailPoint?
- Riskonnect starts at On request and SailPoint at On request.
- Does Riskonnect or SailPoint run on more platforms?
- Riskonnect runs on Web, iOS, Android. SailPoint runs on Web, On-premise.
- What is Riskonnect best used for?
- Riskonnect is most often used for a self insured employer that wants to own its workers compensation loss data rather than depend on the broker or tpa system it will lose at renewal, a risk manager building a defensible total cost of risk figure for the cfo across claims, premium, retained losses and collateral, a third party administrator running claims for multiple clients that needs separate entity structures on one platform, a multinational consolidating claims, safety incidents and enterprise risk registers onto one entity hierarchy for board reporting. Of those, a self insured employer that wants to own its workers compensation loss data rather than depend on the broker or tpa system it will lose at renewal and a risk manager building a defensible total cost of risk figure for the cfo across claims, premium, retained losses and collateral are not what SailPoint is typically brought in for.
- What can Riskonnect do that SailPoint cannot?
- Riskonnect covers Claims administration, Total cost of risk reporting, Policy and exposure management, Enterprise risk management. SailPoint covers Identity governance, Access management, Compliance automation, Risk analytics.
Answered from the vendors’ own pages
Riskonnect: What does Riskonnect actually cost?
Nothing is published. Reported deals range from roughly 35,000 US dollars a year for a narrow deployment to well over 250,000 for a multi module enterprise programme, with implementation services quoted separately and often of similar magnitude in year one.
SailPoint: How much does SailPoint cost?
SailPoint does not publish pricing online. The company uses a custom quote model where potential customers must book a demo or contact sales to discuss pricing based on their specific enterprise requirements and scale.
SourceRiskonnect: How long does implementation take?
Three to six months is typical for a claims and RMIS deployment, longer where historic loss data from several brokers or TPAs has to be normalised.
SailPoint: How does SailPoint pricing work?
SailPoint pricing is customized for each customer based on their specific needs, user count, and enterprise requirements. Book a demo with their sales team to receive a pricing quote.
SourceRiskonnect: Why not just use the broker supplied RMIS?
Because you lose it when you change broker, and the data model serves the broker reporting rather than yours. Owning the system is the main reason companies pay for one.
SailPoint: Does SailPoint offer a free trial?
No free trial is mentioned on SailPoint's website. Customers must book a demo with the sales team to evaluate the platform and discuss pricing.
SourceRiskonnect: Is it a GRC platform or a claims system?
Both, but the claims and insurable risk core is the mature part. If you want pure GRC without claims, you are buying more platform than you need.
SailPoint: What factors affect SailPoint pricing?
SailPoint pricing varies based on customer scale, specific identity management needs, integration requirements, and enterprise deployment options. Contact the sales team for a customized quote.
SourceRelated pages
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