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  1. Home
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  3. Solife
Logo of Solife

Solife

byVermeg
in Life Insurance Policy Administration Systems, Europe
3.7

Overview

Product Information on Solife

Updated 13th October 2025

What is Solife?

Solife is a software designed for life insurance management and administration. It supports core processes including policy administration, product configuration, premium collection, claims handling, and reinsurance management. The software enables insurers to manage a comprehensive range of life insurance products and adapt them to regulatory requirements. Solife provides functionalities to streamline workflows, automate operational tasks, and maintain product rules. It assists organizations in enhancing process efficiency by centralizing data related to policies, customers, and financial operations. The software is built to address the business challenges associated with legacy modernization, regulatory compliance, operational scalability, and product innovation in the life insurance industry.

Solife Pricing

Solife software uses a modular pricing model based on user licenses and chosen functionalities. The cost structure typically varies according to the scale of deployment and the number of modules selected, with potential additional fees for support and integration. Detailed pricing is usually provided upon request and may depend on specific customization and implementation needs.

Overall experience with Solife

Directeur Change & IT
<50M USD, Insurance (except health)
FAVORABLE

“Policy admin system that can handle wide range of products and supporting high volumes”

4.0
Jun 27, 2019
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
There are no reviews in this category.
CRITICAL

About Company

Company Description

Updated 19th November 2024

VERMEG is a software company that caters to three primary financial sectors: Banking, Capital Markets and Insurance. It provides business solutions aimed at tackling challenges associated with the digital transformation of the financial services industry. Aligning itself as a systems architect, VERMEG aids its clients in reducing costs and controlling Time-To-Market during the modernization of their information systems. Apart from offering standard software solutions that align with the evolving digital requirements, VERMEG also provides custom-made solutions that are designed using their tools and business expertise. With a workforce exceeding 1500 members, the company operates globally, across numerous countries including Australia, Belgium, Brazil, China, UK, France, Germany, Japan, Hong Kong, Luxembourg, Mexico, Netherlands, Singapore, Spain, Tunisia and the United States. It serves an extensive client base that spreads over 40 countries in the world.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
1993
Head office location
AMSTERDAM, Netherlands
Number of employees
1001 - 5000
Annual Revenue
50M-250M USD
Website
http://www.vermeg.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

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Peer Discussions

Solife Reviews and Ratings

3.7

(5 Ratings)

Rating Distribution

5 Star
0%
4 Star
60%
3 Star
40%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Directeur Change & IT
    <50M USD
    Insurance (except health)
    Review Source

    Policy admin system that can handle wide range of products and supporting high volumes

    4.0
    Jun 27, 2019
    what worked well: - Philosophy and possibilities of Solife - Wide range of product support (leading to successful product harmonisation) - Drive and flexibility of people and organisation - Working together with software integrator (editor/integrator) what worked not so well: - still working on optimizing internal processes
  • Directeur Change & IT
    <50M USD
    Insurance (except health)
    Review Source

    Policy admin system that can handle wide range of products and supporting high volumes

    4.0
    Jun 27, 2019
    what worked well: - Philosophy and possibilities of Solife - Wide range of product support (leading to successful product harmonisation) - Drive and flexibility of people and organisation - Working together with software integrator (editor/integrator) what worked not so well: - still working on optimizing internal processes
  • Read All 4 Reviews

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Recommended Gartner Insights

  • Critical Capabilities for Life Insurance Policy Administration Systems, Europe
  • Magic Quadrant for Life Insurance Policy Administration Systems, Europe
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Reviewer Insights for: Solife
Performance of Solife Across Market Features

Solife Likes & Dislikes

Like

Flexible product, strong product development, capable and committed employees.

Like

Flexible product, strong product development, capable and committed employees.

Like

Flexible product, strong product development, capable and committed employees.