industry

Insurance

overview

Expert IT services for the insurance Industry

Business disruptions and changing customer demands are inevitable. You can protect your business with Instant Technologies’ full suite of insurance software development services and solutions. Being a Top Software Development Company our success-driven insurance software solutions help automate and elevate productivity across sales. Policy management and claims processes are two key areas we streamline for insurance companies.

Sectors

The industry sectors we served include

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    Insurance Document Management Software

    Reduce negative outcomes of old and outdated systems and IT debt with insurance software solutions. Cut costs and time for developing quality software.

    • Design and develop document management solutions
    • Build a centralized document policy
    • Robust document indexing and filing
    • Fast access to segregated documents

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    Insurance Policy Management Software

    The policy management software we build helps in the creation, editing, approval, storage, distribution, and tracking of organizational policies.

    • End-to-end policy management software development
    • Integration of advance features
    • Custom configuration
    • Automated quoting and rating

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    Insurance Underwriting and Rating Software

    Underwriting and rating software solutions manage and automate (if necessary) the underwriting process for insurance agencies.

    • Underwriting, rating, and administration solutions
    • Services characterized by speed and accuracy
    • Insurance system strategy making and development
    • Insurance underwriting and consultation

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    Insurance Claims Management Software

    The software we develop is used by insurance companies to manage their entire claims lifecycle, from creation to settlement.

    • Streamline claims management workflow
    • Enable automatic generation of claims documents
    • Payments management
    • Fully integrated policy administration

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    CRM Software Solutions

    CRM software development solutions eliminate daily task repetition and streamline the lead process and overall productivity.

    • Operational efficiency with digitized workflows
    • Multi-faceted workflow management
    • Simplifies and optimizes routing business flows
    • Minimize touchpoints and automated quoting

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    Insurance Quoting Software

    We build such software for brokers, agencies, and carriers. More like an all-in-one insurance quoting, and lead management software solution.

    • Incorporation of custom underwriting algorithms
    • Qualitative risk assessment
    • Premium calculations
    • Automated follow-up emails (incomplete quote forms)
    • Optimized quoting across devices

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    Insurance Automation Software

    Improve customer service, automate day-to-day tasks, and increase productivity in insurance. Gain an advantage against your competitors with our automation solutions.

      • Multi-faceted workflow management
      • Simplifies and optimizes routing business flows
      • Minimize touchpoints and enforce compliance
      • Smart alerts setup, track events, utilize AI assistants

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    Insurance Risk Management Software

    Provide you with automated tools and software built for reducing risk identification, monitoring, & reporting.

      • Risk management software solutions
      • Automated real-time data monitoring & analysis modules
      • Implementation of insurance risk libraries
      • Mitigation Protocols
      • Multiple criteria templates (identify, classify, minimize risks)

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    Fraud Prevention Software

    Minimize financial fraud risks and losses by having digital trust with customers, using fraud detection systems and tools.

    • Custom fraud analysis software
    • Early detection and prevention
    • Monitoring of every transaction and claim
    • Enable alerts for suspicious claims
    • Scores vendors to ensure compliance

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    Insurance ERM Solution

    An ERM software development solution for the insurance industry is easy-to-use with customizable capabilities.

    • Enterprise Risk Management software development
    • Streamlining the risk assessment process
    • Prioritization of risk mitigation strategy
    • Reducing redundancies
    • Proactive decision-making

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    Insurance Data Analytics Solution

    Our insurance analytics tools and solutions give insurers the ability to extract, implement, and organize information from diverse data sets and reach to business decisions.

    • Machine learning and AI solutions
    • Claims handling
    • Fraud detection
    • Product pricing and predictive analysis
    • Utilization of advance ML tools

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    Consulting and Strategy

    We here at Instant Technologies redefine your business & operating models to position you for growth, and cut costs and efforts.

    • Policy management system development
    • Automating and managing insurance contracts
    • Simplify policy administration
    • Cost-cutting on insurance policy processing

Benefits to bank on

Our clients are able to increase end-user productivity without sacrificing usability.

  • Custom Sales Solution

    Tailor your sales offers by making them personalized based on customer needs.

  • Predictive Analysis 

    Upsell and cross-sell on real-time predictive data analysis.

  • Cut Costs on Operations

    By automating and streamlining your workflows, reduce your operational costs to half.

  • Improve Productivity 

    Boost your sales agent’s efficiency using ML, RPA and cloud-based solutions.

Stop wasting time and money on technology. Let’s get started

Delivery

Transform your technology by focusing on 3 key areas

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    Data transformation

    Accelerate “Data-to-Insight-to-Action” cycle, by consuming offerings like Data-as-a-Service and Reporting-as-a-Service.

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    Digital enablement

    Drive key business outcomes, using the full service digital stack – Mosaic, Digital Jedis, and human-centered design experience.

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    Innovation partnership

    Adopt a collaborative approach to innovation, by leveraging innovation labs, future financial ecosystems, alliances & partners.

Customers stories