As insurers make the move towards to digital-first models, software ecosystems are expanding fast. From PAS and claims systems to engagement platforms and underwriting tools, Escode can help you assess your software escrow needs and provide guidance on supplier vendor risk and provide services that support third party software vendors. Our software escrow services give you the legal right and technical means to recover business-critical applications if suppliers fail.
Mitigate the operational risk tied to niche or specialist platforms supporting underwriting, claims and risk modelling.
Access vital code and documentation if a vendor becomes unable or unwilling to support your systems.
Source code testing and verification help confirm that what’s in escrow can support recovery and compliance processes.
The insurance sector is transforming rapidly. Whether it's through AI-powered claims handling, digital underwriting tools, or improved customer engagement platforms, today's insurers are deeply dependent on third-party software to compete.
Escode helps insurers manage this growing software risk. We work with life, non-life, and specialty carriers, as well as insurtechs and brokers, to design escrow agreements that match your digital environment. Whether you rely on cloud-based Policy Administration Systems (PAS), legacy claims platforms, or niche actuarial tools, we can help you to manage your risk.
Our software escrow agreements give you the legal right to access source code, deployment materials, and technical documentation should a supplier fail. Through source code testing and verification, we also provide independent evidence that what's held in escrow is functional and complete, supporting recovery planning.
We tailor every engagement to your business model, recovery timelines, and internal capabilities, giving you more than just a contract. Helping you add software continuity part of your operational resilience planning, while supporting innovation at pace.
Insurance is changing fast and so is your software estate.
Let us help you manage your supplier risk across your core systems with software escrow and testing services tailored to the way you operate.
Talk to our specialists today.
