Facio
Facio: A cloud policy system with quote-to-issue workflows and a $75-per-user monthly entry plan. Ranked #8 of 13 in Insurance Policy Management by our editors (7.9/10); pricing: Paid; best for smaller MGAs pricing policy administration.
At a glance
- Editor score7.9 / 10
- PricingPaid
- Best forSmaller MGAs pricing policy administration
- Free planNo
- Paid from$75/user/mo
- Policy issuanceYes
- Facts checked24 Sep 2026
Where it wins
- Handles quotes, referrals, binding, issuance, servicing and customer management
- Supports versioned endorsements, cancellations and renewals
- Configurable underwriting rules, document generation and financial ledgers
Where it doesn't
- FacioMGA plans start at 5 users
- Facio Insurance Cloud requires a custom annual agreement
- Microsoft Managed Success is a separate $5,000/month option for eligible organizations
Our verdict on Facio
Facio is a cloud insurance operations platform for managing general agents, Lloyd’s coverholders and other delegated-authority businesses. Its scope runs from product configuration, underwriting and rating through policy administration, documents, billing, claims and bordereaux reporting. The published plans show a $75 per-user monthly entry price for FacioMGA, with plans starting at 5 users. That makes it relevant to smaller teams that want priced policy administration, though the minimum plan size is a practical constraint for very small operations.
The workflow coverage is broad for policy operations: teams can quote, bind and issue policies, then process endorsements, cancellations and renewals while retaining versioned policy state. Product schemas, coverages, rating rules, eligibility checks and validation rules are configurable; referrals can be routed according to configured conditions and authority. Facio also generates policy documents from transactions, bordereaux and reconciled transaction ledgers, and supports billing, commissions and financial ledgers. This makes the product a fit for delegated-authority workflows that need more than issuance alone. Buyers looking for a narrow policy register may find this scope unnecessary.
Platform fit is centered on web and API access, with integrations named for Azure, Microsoft Entra ID, Microsoft 365 and Power BI. Facio Insurance Cloud adds a multi-business, multi-country and multi-channel architecture under a custom annual agreement and includes FacioMGA capabilities. A separate Microsoft Managed Success Program is listed at $5,000 per month for eligible organizations; it includes 10 premium users, production, staging and disaster-recovery environments, plus guided implementation and launch. Choose Facio when those administration and integration needs match the operating model; teams that cannot accommodate the five-user entry plan or want a published fixed price for the cloud agreement should consider alternatives.
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Facio pricing
All 3 Facio plans and prices →
Facio fact sheet
| Free plan | No |
|---|---|
| Paid from | $75/user/mo |
| Policy issuance | Yes |
| Endorsements | Yes |
| Renewal management | Yes |
| Underwriting rules | Yes |
| Policyholder portal | Not verified |
| Deployment | Cloud |
| Deployment | Cloud |
| Platforms | Web |
| Support | |
| Built for | Small business, Mid-market, Enterprise (editorial estimate) |
| Integrations | 4 integrations: Azure, Microsoft Entra ID, Microsoft 365, Power BI |
| Pricing | Paid (source) |
| Website | facio.io |
| Facts checked | 24 Sep 2026 |
Facio integrations
Facio lists 4 integrations on its own site.
- Azure
- Microsoft Entra ID
- Microsoft 365
- Power BI
Alternatives to Facio
- Guidewire InsuranceNowA broad cloud platform spanning policy administration, billing, claims, and portals.9.2
- INSTANDAConfigurable policy workflows, lifecycle tools and integrations for insurance teams.9.0
- CoverGoModular cloud insurance core spanning products, policy, claims, underwriting, and portals.8.8
Facio vs the competition
- Facio vs Guidewire InsuranceNow
- Facio vs INSTANDA
- Facio vs CoverGo
- Facio vs BriteCore
- Facio vs Sapiens CoreSuite
- Facio vs Majesco P&C Intelligent Core Suite
Compare Facio with any tool side by side →
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Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
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