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  1. Home
  2. /
  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
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
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

Reviewer Insights for: Solife
Performance of Solife Across Market Features

Solife Likes & Dislikes

Like

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

Dislike

Too small to execute implementation. Mitigation is focus on editor role going forward and working with third parties (integrator).

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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?

Customer Experience

Evaluation & Contracting

3.8

Integration & Deployment

3.4

Service & Support

3.8

Product Capabilities

4.0

Filter Reviews
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  • 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
  • Project Manager
    10B+ USD
    Insurance (except health)
    Review Source

    impressive "Entrepreneur" mindset to balance weaknesses in project approach

    3.0
    Jul 4, 2018
    Overselling approach at project inception and unrealistic schedule make it difficult to work with Vermeg. On some areas, I experience huge lack of professionalism. But they proof an impressive "Entrepreneur" mindset and a deep willingness of success. They are able to respond to our expectations but most often in crisis mode with a strong management attention
  • COO
    50M-1B USD
    Insurance (except health)
    Review Source

    Very advanced package to manage Life Insurance Policy

    4.0
    Jun 8, 2018
    The package is very advanced and efficient on the Individual Life Insurance products management. Vermeg company's ressources are expert on this kind of business (Business Analysts) Solife is a standard package used by our main competitors on the local market. The management of the company is client oriented. As difficulties, - lack of documentation regarding the package - the package does not manage properly the large range of Protection Insurance Product (CPI for instance) - the level of expertise required to parametrize the package is high
  • CEO
    50M-1B USD
    Insurance (except health)
    Review Source

    Good solution but difficult to manage for a small entity

    4.0
    Jul 18, 2017
    Extremely satisfied during the implementation phase and the dedicated team provided. A little lack of reactivity during the take over phase between the project team and the run team.
Showing Result 1-4 of 4

Recommended Gartner Research

  • Critical Capabilities for Life Insurance Policy Administration Systems, Europe
  • Magic Quadrant for Life Insurance Policy Administration Systems, Europe

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