Federato

What Is Federato?

Federato is an AI-native insurance platform that helps carriers, MGAs, and MGA aggregators manage insurance programs from a single system. It provides tools for tracking portfolio activity through a central dashboard that reflects how policies align with defined underwriting rules. The software also includes portals that allow brokers and policyholders to view quote status, policy details, and updates without manual coordination between teams.

What Is Federato Best For?

Federato is best known for its agentic AI underwriting model built for P&C and specialty insurance organizations. It is particularly known for moving teams through a five-level AI maturity progression, starting from basic FIFO submission handling and reaching fully autonomous quoting within defined guardrails. The software is a strong fit for carriers, MGAs, and mutuals handling high submission volumes, consolidating fragmented legacy systems, or looking to keep bound policies in line with appetite strategy.

How Much Does Federato Cost?

Federato’s pricing is generally estimated to range between $75,000 and $300,000/year, based on what similar insurance underwriting and policy management systems typically cost in the market. The final amount can vary depending on how the platform is set up, including the number of users involved, the volume of policies being processed, and the specific modules activated.

In addition to the base subscription costs, organizations should account for the following expenses:

• Implementation: Usually ranges from $50,000–$250,000, covering the initial setup of the platform, configuration of underwriting workflows, and alignment with how carriers structure their internal insurance processes
• Data Migration: Commonly priced between $25,000–$200,000, depending on the effort required to move existing policy, submission, and underwriting data from legacy PAS or older underwriting systems into the platform
• Training And Onboarding: Typically falls between $10,000–$75,000, covering hands-on training sessions for underwriters, administrators, and brokers so they can work effectively within day-to-day insurance workflows
• Integrations: Often priced between $30,000–$250,000, based on how many external systems need to be connected, such as policy administration systems, CRM tools, billing platforms, and identity management systems
• Customization And Configuration: Generally ranges from $40,000–$300,000, depending on how much the platform needs to be adjusted to reflect specific underwriting rules, product structures, and internal approval processes
• Premium Support: Commonly priced between $15,000–$120,000/year, depending on the level of ongoing assistance needed, including response times and dedicated account coverage

Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.

Federato Integrations

The vendor has not provided details about third-party integrations for this software.

How Does Federato Work?

Log in to your Federato account to access an AI-native insurance platform and follow the given steps to manage the full policy lifecycle:

• Create insurance programs by defining product structures, eligibility rules, and underwriting guidelines within the system
• Configure underwriting settings to align risk appetite, approval criteria, and pricing logic across teams and business units
• Manage incoming submissions by organizing policy applications and capturing key risk information in a single workspace
• Review and prioritize risks by comparing submissions against underwriting rules and portfolio objectives to guide decision-making
• Generate quotes based on configured rules and underwriting inputs to support policy evaluation and placement processes
• Track portfolio performance by monitoring how active policies align with underwriting strategy over time
• Coordinate broker and policyholder communication through dedicated portals for status updates and policy information access
• Review reporting outputs to understand submission activity, portfolio distribution, and underwriting trends

Who Is Federato For?

Federato is ideal for a range of insurance organizations, including:

• Carriers
• Managing General Agents (MGAs)
• Managing General Agent Associations (MGAAs)

Federato Use Cases

Based on our analysis of Federato’s current capabilities, we have identified key scenarios where this software is a good fit for insurance organizations:

Carriers Managing High-Volume Submission Intake Within Underwriting Teams

Carriers that take in large volumes of submissions can find it hard to organize and prioritize incoming risks consistently. When submissions arrive through multiple channels and land with different underwriting teams, workloads get uneven and evaluations slow down. Federato may work well for carriers where underwriting teams need a structured way to review, compare, and manage submissions in one place at scale.

MGAs Aligning Submissions With Carrier Appetite Requirements

MGAs sit between brokers and carriers, where every submitted risk has to meet specific appetite requirements before it moves forward. High intake volumes and varying appetite rules by carrier partner make it hard to know which submissions are worth progressing. Federato can fit MGAs where teams need a clear process for evaluating submissions against set criteria and confirming they meet carrier expectations before placement.

MGA Associations Coordinating Multiple Insurance Programs With Carrier Partners

MGA associations managing multiple programs deal with several carrier partners at once, each with its own underwriting rules and reporting expectations. Keeping a clear picture of how each program is running gets difficult fast. Federato may suit these organizations where teams need to oversee multiple programs at the same time without losing visibility into how each one is structured and operating.

Insurance Leadership Teams Managing Portfolio Risk Direction

Leadership teams in insurance are responsible for making sure underwriting decisions support portfolio goals as a whole, not just individual deals. When there is no structured way to monitor portfolio composition, risk exposure can quietly drift from where it should be. Federato may help these teams track portfolio-level patterns and stay aware of how day-to-day underwriting decisions are shifting overall risk distribution.

Distribution Partners Tracking Quotes And Policy Status With Carriers

Brokers and agents working with carriers and MGAs need steady updates on submission progress, quote status, and policy activity. Without a shared system, this usually means repeated back-and-forth between distribution partners and underwriting teams. Federato can be relevant here where producers need direct access to status information so they can follow quotes and policy updates on their own.

Is Federato Right For You?

If you are a carrier, MGA, or MGA association managing high underwriting volume and portfolio complexity, Federato could be a strong fit. Trusted by organizations such as QBE, HDVI, Velocity Risk, and Hyundai, the platform includes a Control Tower that shows leadership how active underwriting decisions are affecting portfolio composition. Federato has also been included in the InsurTech 100 and LinkedIn Top Startups lists, and holds SOC 2 Type 2 and ISO 27001:2022 certifications for enterprise deployment.

Still unsure about Federato? Connect with us at (661) 384-7070 for further guidance.