Fintech

Custom insurance software development services

Streamline insurance workflows & lower operational costs with our digital solutions for the insurance industry, from insurtech startups to enterprise insurance companies.

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P1633879

We build custom insurance software solutions

Claims processing software
Claims processing software

Digital transformation and workflow automation for your needs.

Optimize claims management with AI-based claim validation, damage estimation, and machine learning for fraud detection.

Policy administration solutions
Policy administration solutions

Manage your policies, including underwriting, rating, and policy issuance.

Automate policy management, reduce errors and improve efficiency.

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Insurance marketplaces

Create a place where users can compare prices, coverage, and other policy details & purchase insurance policies from multiple providers.

Risk assessment software
Risk assessment software

Evaluate risks and determine premiums for policies. Use data analytics and predictive modeling to assess risk and provide insights into potential losses.

Customer relationship management systems
Customer relationship management systems

Improve customer satisfaction, increase retention rates, and drive revenue growth by organizing interactions within marketing, sales, and client support.

Document management systems
Document management systems

Create a centralized repository for storing, managing, and accessing documents electronically. Turn unstructured data into an organized system.

Insurance apps for your clients
Insurance apps for your clients

Let your customers manage their insurance policies, claims, and other information with custom self-service portals.

Boost user satisfaction with web or mobile applications at their fingertips.

AI
AI hallucination insurance solutions

With GenAI growing so quickly, no wonder AI hallucination insurance market will be a big thing in 2024 and years to come. We'll help you build a custom AI insurance app that can address this upcoming trend.

Our insurance software development process

This is how we work

01

Analyze

  • Budget Consulting
  • Strategy Consulting
  • Product Discovery Workshop
02

Discover & Define

  • UX Research
  • Product Roadmap
  • UX Design
  • UI Design
03

Deliver & Scale

  • Product Development
  • DevOps Architecture
  • Continuous User Feedback & Delivery
04

Expand

  • Recruit your own team with our help
AI & lowcode - 1600x1200

Saving 2 hours daily: efficient AI & low-code document workflow automation

We’ve helped our finance specialist get rid of daunting bookkeeping tasks and save her up to 2 hours every day with AI & low-code.

Read the case study

Why choose us for your insurance solution technology partner

The insurance software development market is growing rapidly, empowering organizations to improve their business operations.

We will build custom software that will help your insurance company meet your business goals and get a competitive advantage.

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Fintech expertise

Fintech expertise

We are a fintech development company with over 9 years of financial product development experience. We know what's important for building financial systems.

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UX research and design

We prioritize user experience (UX) research and design to create intuitive and user-friendly insurance software, enhancing your user satisfaction and customer loyalty.

Product management focus

Product management focus

Our Product Managers prioritize value, speed, and revenue generation to ensure products meet customer needs and business requirements, and gain a competitive edge.

Security and data privacy

Security and data privacy

We build secure financial systems with advanced encryption and authentication methods to protect your insurance business against evolving cyber threats.

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Quality Assurance

We integrate testing and quality checking into our development process, reducing costs, minimizing bugs, and ensuring code quality for both web and mobile apps.

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Support and maintenance

We provide ongoing support to keep your insurance solution running smoothly and efficiently.

We ensure security and regulatory compliance

Technical expertise alone is not enough in such highly regulated sectors as fintech and banking.
We understand the unique challenges and requirements of the finance industry.
That’s why we ensure the software we develop is always secure and compliant with all the fintech regulations and standards.

SOX-1
SOX
AML
AML
Dodd-Frank

Dodd-Frank

Basel III
Basel III
MiFID II

MiFID II

FACTA

FACTA

PNG_GDPR-e1672263252689

GDPR

psd2

PSD2

Insurance software development FAQ

Everything you need to know about insurance software development before partnering with software developers.

What is insurance software?

Insurance software is a set of digital tools that help insurance companies, brokers, and agents manage their day-to-day operations.

It includes tools for

  • underwriting,

  • issuing policies,

  • managing teams,

  • tracking claims,

  • complying with regulations, and

  • updating policy information.

Insurance software can be customized to support both client and administrative sides.

What types of insurance software are there?

  • Claims processing solutions are used by insurance companies to manage claims, from intake to settlement. These systems leverage software for digital transformation and workflow automation, which can help optimize claims management to streamline the process and cut costs.
  • Policy administration solutions will help your insurance business with policy management, including underwriting, rating, and policy issuance. These apps can help insurers automate policy management, reduce errors, and improve customer service.
  • With customer relationship management (CRM) systems you can manage your customer interactions, including sales, marketing, and customer service. By providing a centralized platform for customer engagement, insurers can better understand their customers’ needs and preferences
  • Risk assessment software helps insurers evaluate risks and determine premiums for policies. These systems use data analytics and predictive modeling to assess risk and provide insights into potential losses. By leveraging risk assessment software, insurance companies can make more informed decisions about pricing and underwriting, which can help reduce losses and improve profitability
  • Document management software will help your insurance company manage documents, including policy documents, claims, and other important records.

Why create insurance software?

The goal of insurance software is streamlining the insurance process, automating routine tasks, and providing a platform for customer engagement.

It helps insurers manage their operations, save time and cost, and provide better customer experiences.

Insurance software can be integrated with other tools and apps to provide end-to-end insurance management.

Who are custom insurance software development services for?

The main recipient of custom insurance software development services is the insurance industry, especially:

  • insurance companies,

  • insurance brokers,

  • reinsurers,

  • brokers,

  • underwriting agencies,

  • insurtech startups,

  • risk management firms,

  • banks and financial organizations offering insurance products as part of their services,

  • healthcare providers managing patient health insurance data, claims, and billing processes,

  • and other entities that want to optimize, digitize, and automate their insurance processes.

What our fintech clients say about working with us

I'm impressed by how flexible Pragmatic Coders is (...). Culturally, they're a really good fit for us, and the team is very responsive to feedback. Whenever I ask them to do something, they look at it, and they're not scared to push back. I've found it very easy to work with them — we have more of a partnership than a client-supplier relationship. 

Simon Dawson

Simon Dawson

Head of Engineering, Atom Bank

The entire focus was on the product and the customer, and I loved it. (...) The team was turning up with solutions to problems I didn't know we had.

tony kelly

Tony Kelly

Core Team Member, Common Wealth

(...) Pragmatic has highly skilled engineers available immediately but most importantly, passionate people who love what they do and learn new things very quickly. I recommend Pragmatic Coders to anyone who requires expert software development no matter the stage of their business.

pawel-oltuszyk-1

Pawel Oltuszyk

CEO, Frost

We used to work in a very fast and dynamic way, made decisions quickly, based on data and research. We found out quickly that often software development teams aren’t so dynamic in the delivery of the agreed scope. We contacted and tested the cooperation with a couple of them. Finally, we found the perfect match – Pragmatic Coders.

Sylwester Szczepanek

CEO, Exchangecoin

It’s very notable that they were able to kind of challenge our views on how we should build trading software. (...) Also, the relationship that exists between their product owner and their development team is extremely good. If I were to start BLOC-X again, I would make the same choice in choosing Pragmatic Coders.

Andrew-Toumazi

Andrew Toumazi

CEO, BLOC-X

Let’s talk

We've got answers on anything connected with software development.

Ask a question

You can ask us a question using the form below. We will respond as soon as possible.

Schedule a meeting

You can also schedule an online meeting with Wojciech, our Senior Business Consultant.

wojciech_knizewski
Wojciech Kniżewski
Senior Business Consultant
Schedule
8 out of 10

founders who contacted us wanted to work with our team.

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