For life, annuity & living-benefits insurers

Know the block. Move the policies.

Konversion is an AI-powered platform for insurers: understand what a block of business really contains, and convert in-force policies to a modern administration system, with every step traceable. Life, disability, critical illness and annuity products, with a focus on life & annuity.

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Sound familiar?

Two places where carriers lose months.

Whether you’re evaluating a block of business or moving one onto a new platform, the same bottleneck shows up: knowledge locked in legacy systems, and teams rebuilding it by hand.

“We’re bidding on a block. We don’t really know what’s in it, or whether our platform can run it.”

Assess blocks & gaps

Analyze blocks and platform functionality gaps

Due diligence means weeks of reading incomplete documentation, and the real gaps in your policy admin system only show up mid-project.

  • Structured inventory of products and features
  • Fit against your platform’s actual capabilities
  • Data quality and readiness view
  • Decision-ready report, before you commit

“The conversion took a year just to plan. Two years into execution, we’re over budget and still reconciling values.”

Convert policies

Move in-force blocks to a modern platform

Rules hidden in old code, riders and exceptions nobody documented, and validation done sample by sample. Conversions stretch on, and they tie up your best people.

  • Business rules surfaced and mapped up front
  • Repeatable, automated transformation and load
  • Validation across the full block, not a sample
  • Audit trail ready for regulatory review

The two fit together: what we learn assessing a block carries straight into converting it, so nothing gets re-discovered.

How it works

AI to understand. Software to execute. Your experts decide.

Faster understanding

AI reads legacy systems, documentation and product specs to surface what used to take months of manual discovery.

Predictable execution

Transformation, validation and load run as controlled, repeatable software: same input, same result, every time.

Your team stays in control

Your experts review and approve what matters. Every decision is traceable back to its source.

Secure by design

Built for sensitive policyholder data, with each carrier’s work kept isolated.

Insurance-native

Understands products, riders, values and lifecycle events across life, disability, critical illness and annuity business, not just rows and columns.

Gets better with use

Every engagement builds reusable capability, so the next one starts further ahead.

Have a block or a conversion on your roadmap?

Tell us what you’re working with and we’ll walk through where the platform fits, and where it doesn’t. A short call, no commitment.

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Company

Built by people who have done this work.

Konversion was founded to fix the hardest part of insurance modernization. The founding team has spent more than four decades in insurance systems, AI and enterprise software, and has built and delivered successfully together before in this industry.

43+years of combined experience across the founding team
L&Acore focus, extending to disability, critical illness and other living-benefits products
Our purpose

Every policy is a long-term promise. We make sure it’s kept.

Some policies will outlive the systems that administer them. When insurers change technology, the promise to the policyholder should remain intact.