Apidata is a SaaS solution for insurers' middle office, offered by Apidata SAS in Suresnes. The service collects management data from insurance portfolios, whether management is internal or outsourced and whatever the data format, checks that data and makes it available to actuarial, accounting and finance departments. This helps insurers, especially in health and protection insurance with delegated management, to steer their commitments and risks. According to the vendor, each customer gets its own fully isolated environment in the cloud.
Apidata is headquartered in France, and its website names no foreign parent. The vendor speaks of a sovereign SaaS in a private cloud but names no hosting provider or data centre, so ask for those details, together with the data processing agreement. The data is business-critical and often sensitive insurance data, so the terms for export, retention and contract termination also deserve attention. Because the service is closely tailored to the French insurance market model, it is mainly relevant to insurers in that context.