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Tarmika is an innovative insurtech company that developed a commercial lines quoting platform designed to streamline the insurance procurement process for independent agencies. Their solution enables agents to quote multiple carriers simultaneously through a single-entry system, significantly enhancing efficiency and market access for small commercial accounts. In June 2021, Tarmika was acquired by Applied Systems, a leading global provider of insurance software. Tarmika's technology is now integrated into Applied's portfolio, further empowering agencies with advanced digital quoting capabilities within the Applied Epic and Applied TAM agency management systems.
Served as the primary hub for software development, product management, sales, and customer support for Tarmika's commercial lines rating platform.
Likely a modern tech office space designed to foster collaboration and innovation, typical of a growing insurtech startup.
As a startup, Tarmika likely had a fast-paced, agile, and innovative work culture, with a strong focus on solving challenges for independent insurance agents. Employees probably experienced a collaborative environment with direct impact on product development.
The Franklin office was significant as the birthplace and growth center for Tarmika's technology, which aimed to revolutionize commercial lines quoting for independent agencies before its strategic acquisition.
While Tarmika was primarily US-focused as an independent entity, its acquisition by Applied Systems in 2021 has significantly expanded its technology's reach. Applied Systems has a global presence with offices and clients in the United States, Canada, the United Kingdom, and Ireland. Tarmika's solution, now integrated into Applied's offerings, supports commercial lines quoting for agencies in these markets, leveraging Applied's established infrastructure and market penetration.
801 Cmr 414, Suite 200
Franklin
MA
USA
Address: Various Applied Systems Locations (e.g., University Park, IL; Toronto, ON; Brighton, UK)
To support Applied Systems' diverse client base across North America, the UK, and Ireland, providing localized expertise and service for all Applied solutions, including the Tarmika platform.
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As of April 2025, Tarmika' leadership includes:
Tarmika has been backed by several prominent investors over the years, including:
Following its acquisition by Applied Systems in June 2021, Tarmika's executive team was integrated into Applied Systems. Most leadership transitions occurred around that period. There have been no publicly announced standalone Tarmika executive hires or exits in the last 12 months as it operates as part of Applied Systems. Any changes would be within Applied Systems' broader leadership structure.
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Historically, Tarmika likely used common email formats for tech startups. Post-acquisition, communication involving Tarmika's products and team members would primarily use Applied Systems' email domain (@appliedsystems.com). For historical reference, Tarmika's domain was @tarmika.com.
For historical Tarmika emails: [first].[last]@tarmika.com or [first_initial][last]@tarmika.com. For current team members: standard Applied Systems formats (e.g., [first_initial][last]@appliedsystems.com).
Format
Example (historical): jane.doe@tarmika.com. Example (current, within Applied): jdoe@appliedsystems.com
Example
60%
Success rate
Applied Systems • June 9, 2021
Applied Systems announced its acquisition of Tarmika, a leading commercial lines quoting application. This acquisition expands Applied's commercial lines solutions, enabling agencies to automate more of the commercial lines quoting process and access a broader base of insurer connectivity....more
Insurance Journal • February 25, 2021
Insurtech Tarmika, a commercial lines rating platform, announced it has closed a $6 million Series A funding round. The round was led by MassMutual Ventures, with participation from current investors including BrokerTech Ventures. The funds were intended for team expansion and product enhancement....more
Applied Systems • July 14, 2022
Applied Systems, parent company of Tarmika, was named a Top Workplace by the Chicago Tribune. This recognition highlights the positive work environment and culture within Applied Systems, which now includes the Tarmika team and technology....more
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