SIBRO: Pricing, Free Demo & Features

Last Updated Jul 1, 2026

Overview

SIBRO offers insurance broking workflow management for handling prospects, policies, claims, accounting, and reporting. While it may require customization based on business needs, its client self-service portal and auto reconciliation of payments support insurance brokerage operations.

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Starting Price

Custom

SIBRO Specifications

Policy Management
Claims Management
Quote Management
Premium Billing Management
Agent Management
Broker Management
Customer Management (CRM)
Policy Renewal Management
Compliance Management
Document Management

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What Is SIBRO?

SIBRO is an end-to-end insurance broking platform that brings sales, servicing, renewals, accounting, and reporting into one system. The back-office module helps brokers manage client policies, claims, and compliance records without relying on separate spreadsheets for each task. Client grouping is another part of the system that lets brokers place related businesses under a single parent account. This setup helps firms manage daily insurance operations in a structured way as they handle ongoing brokerage work.

What Is SIBRO Best For?

SIBRO is known for its Optical Character Recognition (OCR)-based policy data entry for insurance brokers. It is particularly known for its ability to automatically scan and extract details from policy PDFs, populating policy records without manual typing. The software is a strong fit for brokerages handling high policy volumes or managing renewals across multiple branches, where automated extraction saves time.

How Much Does SIBRO Cost?

SIBRO is available at a one-time fee of $4,800. In addition to the base subscription costs, organizations should account for the following expenses:

Implementation: Typically priced between $8,000–$75,000 (one-time), covering setup of policy workflows, user roles, and system configuration based on how the brokerage operates in practice
Data Migration: Commonly priced in the range of $2,000–$40,000 (one-time), depending on the amount of client, policy, and claims data being moved from spreadsheets or older systems
Training And Onboarding: Usually falls around $1,500–$25,000 (one-time), covering hands-on training for staff on policy handling, RFQs, renewals, and accounting workflows used in daily work
Integrations: Often comes in between $5,000–$80,000 (one-time), depending on how many external systems are connected
Customization And Configuration: Typically ranges from $10,000–$150,000 (one-time), covering adjustments to workflows, reporting structures, compliance rules, and broker-specific automation needs
Premium Support: Usually priced between $3,000–$25,000/year, covering priority support, SLA coverage, and ongoing help from the support team

For accurate pricing based on your organization’s needs, it’s recommended to request a custom SIBRO price estimate.

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

SIBRO Integrations

The software supports integration with platforms such as WhatsApp.

How Does SIBRO Work?

Create client and prospect records by entering details and grouping related businesses under parent accounts in the system
Track quotes and policy issuance by checking insurer responses and turning selected quotes into active policies
Maintain policy records by updating information, adding documents, and tracking status changes during the policy lifecycle
Handle renewals by checking upcoming due dates and updating policy details for continued coverage
Process claims by entering claim details, tracking stages, and updating required documents as cases move forward
Manage accounting entries by recording insurer statements and tracking payments and reconciliation work in the system
Generate reports to review business activity, policy status, renewals, and operational records across the brokerage

You can also schedule a free SIBRO demo to explore its full functionalities.

Who Is SIBRO For?

SIBRO is suitable for insurance brokerage and agency professionals as well as firms, including:

Insurance brokers
Insurance agents
Insurance broking firms

SIBRO Use Cases

Based on our analysis of SIBRO’s current capabilities, we have identified key scenarios where this software is a good fit for insurance brokers, agents, and brokerage firms:

Brokerages Managing Growing Policy Volumes With Manual Data Entry

As a brokerage's client base grows, so does the volume of policy documents that need reviewing and entering into internal systems. When this is done manually, it takes up staff time and raises the risk of errors that affect renewals or reporting. SIBRO may suit brokerages in this position, where the OCR feature can pull data directly from scanned policy documents and reduce the load on data entry staff.

Firms Transitioning From Spreadsheet-Based Operations To Structured Recordkeeping

Many brokerages still rely on spreadsheets and physical files to track policies, claims, and client information. As the number of clients and policies grows, this becomes harder to manage. Locating records, updating statuses, and avoiding duplication all become more error-prone without a structured system in place. SIBRO's back-office module can give firms moving away from this setup a foundation for organizing client and policy data in a consistent way.

Brokerages Coordinating Distributed POSP And Partner Networks

Brokerages working with networks of POSP agents or sub-brokers face the ongoing task of onboarding new partners, keeping them trained, and giving them visibility into their performance and earnings. Without a structured way to manage this, coordination tends to rely on scattered communication and manual updates. SIBRO's partner portal can support these organizations with self-service onboarding, training access, and earnings visibility for agents working in different regions.

Accounting Teams Reconciling High Volumes Of Incoming Payments

For brokerages processing payments from multiple insurers and clients, matching incoming amounts to the correct invoices can become a time-consuming task. Left unresolved, these mismatches can pile up and complicate monthly reporting. SIBRO's auto reconciliation feature may help accounting teams dealing with this volume by flagging unmatched entries for review and supporting a more consistent reconciliation process.

Brokers Servicing Corporate Groups With Multiple Related Entities

Some brokerage clients are structured as groups, with a parent company and several subsidiaries or branches each holding their own policies. Tracking these entities separately can make it harder to see the full picture of a client relationship or to report on the group as a whole. SIBRO's client grouping feature lets related entities be linked under a common parent, giving brokers a more coordinated view for tracking and reporting.

Is SIBRO Right For You?

If you're an insurance brokerage managing prospects, policies, claims, accounts, and compliance within a single workflow, SIBRO could be a strong fit. The platform is built to support IRDAI compliance requirements for Indian insurance brokers through structured tracking of brokerage activities. Trusted by over 130 insurance broking firms, SIBRO could help firms that want to scale operations while keeping daily insurance processes organized and easier to manage across teams.

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

SIBRO Features

Partner Portal

Partner portal gives partners a dedicated space to manage onboarding, training, certifications, and business activities. Within it, partners can complete registration, KYC, and agreements, and they get access to personalized dashboards. Depending on their assigned activities, partners can also view information on prospects, renewals, booked business, and earnings.

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Employee Health Benefits Portal

Members can use the employee health benefits portal to view group health insurance details, claims information, and policy records. It gives access to coverage details, exclusions, member lists, digital health cards, and claim status updates. Life-event updates are also supported, which helps keep employee benefit information accurate over time.

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WordPress Website

For firms that need a custom website, SIBRO offers a WordPress add-on covering design, development, and deployment. This includes UI/UX design, custom theme creation, and content preparation. The setup follows a structured development process using design tools and WordPress-based implementation.

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Auto-Reconciliation

This feature supports payment matching by letting teams upload policy details, brokerage receivable amounts, and additional insurer statement information. These details feed into reconciliation error reports, giving more context for unmatched entries. From there, users can review unmatched entries alongside related transaction information.

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Client Groups

With client groups, users can organize related businesses, subsidiaries, or entities under a parent group. The feature supports client assignment, group-based filtering, and consolidated reporting. Once groups are created and clients linked, users can review combined records for accounts with multiple connected entities.

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Pros And Cons of SIBRO

A quick look at SIBRO's strengths and weaknesses to
help you decide if it's the right fit

Pros

Makes reporting easier for daily operations tracking
Helps keep insurance workflows better organized
Saves time when handling policy-related tasks
Improves visibility into client and partner activity
Reduces dependency on spreadsheets and manual records

Cons

Some accounting work still managed outside the software
Lack of client login access may limit client-side usability
Limited email integration support

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Frequently Asked Questions

Quick answers to common questions to help you better understand the product, features, and services.

Does SIBRO offer an API?

Yes, SIBRO offers an API.

What types of pricing plans does SIBRO offer?

SIBRO pricing is set at a one-time fee of $4,800. Get a detailed SIBRO cost breakdown to make an informed decision.

What other apps does SIBRO integrate with?

SIBRO integrates with WhatsApp.

Who are the typical users of SIBRO?

SIBRO features are used by insurance brokers, insurance agents, and insurance broking firms that manage policy workflows, renewals, claims, accounting, and partner-based distribution within structured brokerage operations.

Does SIBRO have a mobile app?

Yes, SIBRO offers a dedicated mobile app for both iOS and Android.

What level of support does SIBRO offer?

SIBRO offers support through help docs, product updates, case studies, events, and webinars.

What language does SIBRO support?

SIBRO software primarily supports English.