Insurance Corporation of Belize picks Agile FT’s AI-native core platform

Insurance Corporation of Belize has signed with Agile Financial Technologies to move from Agilis Core to Agilis Ubiquity and add Agilis Sentinel across the business. The rollout is slated for Q1 2027 and is designed to speed product changes, improve decision-making and support a more integrated insurance operating model.

Why it matters: - Insurance Corporation of Belize is replacing a traditional core upgrade with an AI-native operating model that could change how the insurer handles underwriting, claims, compliance and reporting. - The move is aimed at faster product launches, better customer response times and more consistent service across branches, agencies and digital channels. - For a regulated insurer, the platform’s governance, audit trails and human oversight are central to using AI without losing control.

What happened: - Insurance Corporation of Belize Ltd. signed with Agile Financial Technologies to transition from Agilis Core Insurance Suite to Agilis Ubiquity. - The insurer will also deploy Agilis Sentinel, Agile FT’s executive intelligence platform. - The agreement was announced in Belize on October 14, 2026. - The implementation is scheduled to go live in Q1 2027.

The details: - ICB has used Agilis Core for more than three years. - Agilis Ubiquity is built around outcomes rather than traditional modules, screens and transactions. - The platform brings together insurance rules, information, AI, automation and governance in one operating environment. - ICB plans to connect quotations, renewals, endorsements, claims, underwriting, pricing, reinsurance, finance, IFRS processes, risk accumulation, AML/KYC compliance and regulatory reporting in the new platform. - The platform’s natural-language product builder will let authorized teams define and configure insurance products conversationally. - The goal is to reduce the complexity of launching new products and making changes. - Agilis Ubiquity automates routine processes while supporting professional judgment through intelligent recommendations, underwriting authorities, human oversight and comprehensive audit trails. - Agilis Sentinel will give leadership continuously evolving intelligence across underwriting, claims, risk accumulation, finance and service performance. - Agilis Sentinel is designed to identify emerging concerns, prioritize actions and assign accountable owners. - Agile FT demonstrated migration of ICB’s existing datasets, product mappings and processes from Agilis Core into Agilis Ubiquity before the agreement. - That demonstration established a pathway to modernization while preserving ICB’s operational foundations.

Between the lines: - ICB is signaling that modernization is no longer just a systems refresh. The insurer wants software to reshape how work gets done. - Agile FT is positioning Ubiquity as a break from legacy insurance software design, not a newer version of the same model. - The addition of Sentinel suggests ICB wants management to move from periodic reporting to faster, more proactive decisions.

What’s next: - Agile FT and ICB will move toward implementation ahead of the planned Q1 2027 launch. - The rollout is expected to support quicker decisions, more efficient operations and more customer-centric service. - ICB will continue its technology transformation with AI, automation and intelligence embedded across core insurance functions.

The bottom line: - ICB is betting on an AI-native core to modernize operations now, not later, while keeping the controls a regulated insurer needs.