LIDP (LIDP Consulting Services) provides policy administration software and services for life, annuity, and health insurance carriers.
Their flagship product, Titanium, is a cloud-native, single-tenant system that supports end-to-end lifecycle processing — from product design and underwriting through billing, claims, and policy servicing. Titanium comes with a high degree of out-of-the-box functionality, over 200 APIs for integration, and the flexibility to deploy either in-premises or in the cloud.
LIDP has been operating since 1979, and emphasizes minimal risk in modernization (for example migrating from legacy systems), high configurability (allowing carriers to launch new products quickly), and strong implementation track record.
InvoiceCloud and LIDP have established a strategic partnership to enhance the billing and payment experience within the insurance sector. By integrating InvoiceCloud’s advanced cloud-based payment technology with LIDP’s comprehensive policy administration solutions, this collaboration delivers a secure, efficient, and user-centric approach to managing financial transactions. Insurers benefit from streamlined operations, real-time processing capabilities, and flexible payment options, while policyholders experience improved convenience and service quality. Together, InvoiceCloud and LIDP are committed to driving operational excellence and elevating the standard of customer engagement in insurance billing.