Insurance Software Development Services

For many years, we have been bringing value to industry innovators and ensuring the success of their strategic initiatives. Whereas our expertise extends a range of industries, our technological excellence includes robust tools and efficient approaches to create customized solutions to support businesses.

We help global companies solve operational challenges and drive digital transformation through full-cycle software development, IT consulting, and legacy application modernization. Clients trust us with their technical ideas through the transparent communication process and result-oriented project management practices we rely on.

With our insurance software development company, you can develop all types of insurance software from scratch, use business-ready solutions and customize them for your specific needs, or improve performance and enhance your existing software.
We also integrate insurance software with third-party tools like ERP, CRM, payment and billing systems, software for accounting, and more.

To answer your question, we want to know which project you want to promote? If you're not sure about the technology stack you wish to use or don't have the technical background, don't worry. Our experts will analyze the requirements of your insurance software development project and determine the best technology stack to ensure it meets your goals and scales.

We have tried to reflect on the best solutions we have had for our clients. Naturally, all cases are unique, and what you want may differ from what we have done before. Our developers will be happy to build insurance products, oriented to you and your business vision.

InsurTech refers to the combination of insurance, innovative technologies, and digital tools used to help insurance companies leverage the potential of analytics, optimize performance, and improve customer experience.

InsurTech consulting is an IT service that helps insurance companies choose and implement innovative technologies and initiate software product development to achieve their business goals and gain a competitive advantage.

Providing consulting services for the insurance sector, we at Relevant assist companies in developing a successful tactic to deliver tailored digital solutions. We help insurance businesses expand their presence in the market, streamline operations, and increase efficiency.

In each case, custom-built insurance applications differ, so the expenses do.

The cost of creating insurance agency software largely depends on the app’s features and functionalities and can go up to $200,000. Our team can provide you with project cost estimation based on your requirements to better understand what range you may fall into.

The time required for custom software development varies depending on multiple factors. They comprise the complexity of the insurance software product or solution, project requirements, budget, scope of work, and deadline.

Project duration generally ranges from a pair of months (for lightweight, narrow-profile solutions) to half a year (for complex systems with in-depth capabilities). If you’re pressed for time, we recommend starting with an MVP version of a product that offers its benefits and investing in a full-blown insurance software after a bit.

As a majority of insurance software companies, we use Jira and Slack to monitor project progress and developers' tasks. You will have access to the project's account, where you'll be able to track the milestones, progress of each stage, and budget spent on the used tools. Additionally, you'll have detailed period-based project reports.

Before creating an insurance mobile application of any complexity, you need to do the following:

• Conduct market research and analysis
• Define your target audience
• Determine if it should be a native, hybrid, or web application.
• Choose your monetization options
• Create a marketing strategy, promotion plan, and app store optimization plan.
• Take proper security measures

Insurance document management software allows customers to optimize the documents they create and receive by organizing them in a single repository. Such software helps insurance companies easily store, manage, and manipulate data, improving service quality for their customers and end-users.

Here is a checklist of possible insurance agency software solutions:

• Modernized platforms & digital ecosystems
• Product & service reinvention
• Underwriting & claims automation
• Risk & document management solutions
• Compliance & quoting software solutions

API Insurance development provides you with the connection between applications, letting you exchange data through various systems. Many high-performing insurance businesses use API integrations to keep data in sync, enhance productivity, and drive revenue.