ClearView Wealth Limited's Strategic Migration to Equisoft's Cloud-Based Policy Administration System

ClearView Wealth Limited, a prominent player in the Australian life insurance sector, has taken a significant step forward by successfully implementing Equisoft’s cloud-based policy administration system, Equisoft/manage. This modern digital platform aims to streamline ClearView’s operations, consolidating existing portfolios and enhancing overall efficiency and customer service.

The go-live announcement, made on February 25, 2026, marks a pivotal change for ClearView as it transitions from complex legacy systems to a more agile, cloud-based environment. This transition not only allows for better management of in-force life insurance policies but also sets the stage for future growth opportunities. ClearView's move reflects a broader trend in the financial services sector, where firms are increasingly looking to leverage technology to improve operational capabilities and customer experiences.

Michael New, Chief Technology Officer at ClearView, emphasized the challenges associated with migrating decades of policy data from their old systems to the new platform. In his statement, he remarked, “The complexity of migrating decades of policy data from our legacy system cannot be overstated.” Thanks to Equisoft’s expertise, the migration was executed flawlessly, and there was no data loss during the transition. This success has resulted in a modern architecture that affords the firm greater flexibility and adaptability, key traits necessary for competing effectively within the dynamic Australian life insurance market.

The implementation of this cloud-based solution is expected to drive significant benefits. ClearView can now administer all its life insurance on a single modern platform, which enhances the experience for both advisers and customers. Improved digital capabilities will not only lead to greater operational efficiencies but also create new opportunities for product expansion. The platform enables ClearView to harness advanced technology and artificial intelligence, resulting in reduced acquisition and maintenance costs. This improvement is crucial for enhancing their value proposition to policyholders and ensuring compliance with regulatory standards.

Equisoft’s Vice President for EMEA and APAC, Simon Richardson, expressed pride in the successful collaboration with ClearView on this transformative project, stating, “This successful implementation demonstrates how Equisoft/manage enables life insurers to consolidate legacy systems, streamline operations, and create a modern technology foundation that supports growth and innovation.” This partnership reflects Equisoft’s commitment to empowering financial institutions by providing innovative solutions and enhancing their competitive edge in the digital era.

About ClearView: Founded in 2010, ClearView is an ASX-listed life insurance provider dedicated to partnering with financial advisers to offer protection services to Australians. With over $400 million in managed premiums and partnerships with over 1,000 financial advisers, ClearView is well-positioned to leverage this new technology and strengthen its market presence.

About Equisoft: Established in 1994, Equisoft is a leading global provider of comprehensive digital solutions for the insurance and investment sectors. The firm's capabilities range from customer-facing applications to integrated back-office systems, tailored to meet the unique needs of insurers, banks, and asset managers internationally. Equisoft's extensive experience in data migration and its diverse expertise across markets ensure that it remains a trusted partner for financial institutions navigating the challenges of digital transformation.