Supercharge your
marketing strategy
with Appinventiv Digital
Supercharge your
marketing strategy
with Appinventiv
Digital
IT Managed & Outsourcing
Consulting Services
Data Services Supercharge your
marketing strategy
with Appinventiv
Digital
The insurance industry faces a mix of challenges, including changing customer expectations and a
complex regulatory
environment. With over a decade of proven delivery, we build
intelligent,
secure, and compliant platforms that transform
these challenges into competitive advantage,
enabling faster underwriting, automated claims processing, and proactive
fraud detection.
Our team brings deep InsurTech expertise and firsthand knowledge of the challenges that legacy systems create for businesses. The focus isn’t simply on replacing outdated technology. Through custom software development, we build solutions that help your teams work faster, maintain compliance, and manage real-world complexity without adding unnecessary friction.
We are an insurance software development company that works with insurers who want their systems built for today and ready for tomorrow. The goal is simple, we make operations faster, cut the manual effort, and give customers a smoother experience. Our services bring together modern tech, AI automation, and the kind of insurance know-how that only comes from working in the space for years.
InsurTech Consulting 
Insurance App Development 
Insurance Risk Management Software Development 
Insurance Fraud Prevention Software 
Insurance Policy Management Software Development 
Insurance Document Management Software Development 
Insurance Legacy Software Modernization 
Insurance Quoting Software Development 
Insurance Compliance Software Development 
Insurance CRM Development 
Insurance Claims Management Software Development 
Insurance Marketplaces Development 
Insurance Billing Software Development 
Insurance Underwriting Software Development 
Insurance Agency Management Software Development Every insurer knows they have to go digital, but the challenge is deciding where to start and what will actually pay off. That’s where our InsurTech consulting comes in.
We develop insurance apps for mobile and web that don’t just look good but work reliably and keep data secure. Designed for both policyholders and agents, they simplify every interaction and make processes faster.
When risks change fast, you can’t rely on old spreadsheets or delayed reports. We build risk management platforms that make decisions faster and keep insurers ahead.
Fraud costs money, time, and trust. We develop AI-powered fraud prevention systems that catch the odd patterns others miss.
Managing policies should be straightforward. We develop systems that automate the heavy lifting and connect all the moving parts.
Insurance runs on documents, and finding the right one quickly can save hours. We develop document management systems that make it easy.
Old systems can be hard to kill, but they can be made better. We modernize legacy insurance platforms so they’re faster, open to integration, and ready for what’s next.
Quotes need to be quick and accurate. We develop quoting engines that adapt in real time to user inputs and market changes.
Regulations keep changing, and keeping up with them manually can be a nightmare. We develop compliance platforms that ensure accuracy, consistency, and alignment with evolving industry standards.
Insurers deal with huge amounts of customer data. We develop CRM systems that make that data useful.
Claims can make or break the customer experience. We create systems that make them faster and more transparent.
We build marketplaces that let customers compare and buy policies from multiple providers in one place.
Billing errors cost trust. We develop billing systems that get it right every time and keep payments flowing.
Underwriting needs speed and accuracy, not piles of paperwork. We develop platforms that deliver both.
Running an agency means juggling clients, policies, and commissions. We create systems that bring it all together.
Join the insurers already cutting claim times by 60% and reducing fraud losses by 40% with intelligent software built for growth and compliance.
As an insurance software development company, we build scalable, compliant, and AI-powered platforms designed for specific industry needs. These custom services help insurers and organizations manage policies more efficiently, automate claims from start to finish, and strengthen risk management across different sectors.
InsurTech Startups 
Insurance Companies 
Reinsurance Companies 
Brokers and Agents 
Corporate Companies 
Healthcare Providers 
Government Agencies 
Financial Institutions 
Educational Institutions 
Automotive Sector 
Agriculture & Rural Insurance 
Logistics and Mobility Providers 
Real Estate and Construction Firms 
Marine and Aviation Insurers 
Energy and Utilities We build insurance software with a focus on scalability, compliance, and operational depth. Each feature is designed to simplify policy management, accelerate claims, strengthen fraud detection, and give insurers and their customers a seamless digital experience.
At Appinventiv, we follow a secure insurance software development process that’s built to work in highly regulated environments. Compliance isn’t an afterthought — it’s part of the design from the start. Every regulation is matched with specific technical controls so you can launch, grow, and audit without second-guessing.
(System and Organization Controls Type II)
(California Consumer Privacy Act)
(National Association of Insurance Commissioners)
(Foreign Account Tax Compliance Act)
(Anti-Money Laundering)
(Federal Information Security Management Act)
(National Institute of Standards and Technology)
(Information Security Management Standard)
(Health Insurance Portability and Accountability Act – for health insurance use cases)
(Post-Brexit data protection framework)
(Insurance Regulatory and Development Authority of India)
(EU Insurance Capital and Risk Framework)
(Global Insurance Contract Accounting Standard)
(Sarbanes-Oxley Act – US financial reporting compliance)
(European Insurance and Occupational Pensions Authority)
As a full-scale insurance software development company, we build with security, compliance, and technical precision at the core. With 1600+ experts and over 3000 digital solutions delivered worldwide, our custom insurance software development services are designed to grow with your business, meet strict global regulations, and produce results you can measure.
We take a security-first approach in every project. AES-256 encryption, multi-factor authentication, secure APIs, and real-time threat monitoring are part of the foundation, not features bolted on later.
Compliance isn’t an afterthought here. For insurers working under IRDAI, SOC 2, GDPR, AML, PCI DSS, or other frameworks, our insurance software developers map each regulation into the software architecture so it’s ready for audits and future changes in law.
We develop insurance technology that delivers genuine business value. That could mean upgrading legacy systems, integrating AI for faster underwriting, or creating tools that cut risk, streamline operations, and open new revenue opportunities.
From AI-powered claims automation to predictive analytics for risk assessment, we integrate advanced intelligence into platforms so insurers can make faster decisions, serve customers better, and stay ahead of market shifts.
From AI-powered claims automation to predictive risk management, we help insurers turn complex workflows into fast, accurate, and customer-friendly experiences. Our team builds secure, compliant platforms that bring measurable impact:
Process claims up to 70% faster with AI automation
Predict and mitigate risks with advanced analytics
Cut policy administration costs by as much as 45 %
Appinventiv has been honored with multiple industry awards for advancing digital transformation in highly regulated sectors. The same discipline we bring to regulated environments now fuels innovative, future-ready software solutions for global enterprises.
AWS
Azure
Google Cloud Premier
ServiceNow
Adobe
Magento
Databricks
AWS Sagemaker
AWS Bedrock
MuleSoft
OneStream
Oracle
Salesforce
SAP
Snowflake
BigCommerce
RedHat
Sabre
Hubspot
Moengage
Stripe
boomi
Cloudinary
DockerWe use the right technology to solve real challenges in the insurance value chain. We strive to design secure, scalable systems that minimize risk, support better collaboration, and give customers a seamless experience.
AI is changing how insurers work, and we make sure it works where it matters most. That can mean automating underwriting, spotting fraud as it happens, or using predictive models to improve the customer journey. We also create intelligent virtual agents that assist policyholders any time of day.
Generative AI is transforming how insurers handle content and knowledge. It can instantly create personalized policy documents, draft customer responses, and support underwriters with accurate recommendations, making everyday processes faster and more human.
Agentic AI goes beyond automation by creating systems that act on their own. From managing claims and detecting unusual activity to adjusting workflows in real time, AI agents keep insurance operations running smoothly while freeing teams to focus on complex cases.
As a custom insurance software development company, we use blockchain when trust and transparency are non-negotiable. It supports tamper-proof claims, smart contracts that run without manual checks, and policy systems with permanent, auditable records of every change.
Our insurance technology development services bring IoT into risk assessment and product design. Connected policy systems capture live data, enable usage-based pricing, and trigger early responses that can speed up or even prevent claims.
We develop AR/VR tools that make insurance tasks easier for both customers and staff. Think virtual property inspections, interactive damage assessments, and guided onboarding, all without the need for in-person visits.
We create metaverse-driven experiences that open up new ways to engage and train. This could be virtual consultations for policyholders, immersive showcases of insurance products, or realistic training environments built entirely online.
As part of our insurance software development approach, we design analytics engines that make decision-making clearer. Dynamic pricing, detailed segmentation, and real-time policy generation all become possible, helping insurers react faster.
Our insurance industry software development team builds on cloud-native architecture for reliability and growth. Cloud platforms allow for elastic performance, zero-downtime updates, and better business continuity, keeping systems running no matter the load.
We integrate BI dashboards directly into insurance applications. Claims trends, underwriting performance, and policy activity are all visible in real time, giving teams the information they need to act quickly and confidently.
We design insurance software with a tech stack that fits where your business is now and where
it's going next. We pair core, battle-proven frameworks with new technologies like
artificial
intelligence, blockchain, and microservices. Our approach ensures performance, data
protection,
and compliance, while giving you the freedom to move with changing customer expectations and
industry trends.
Frontend Technologies
Backend Development
Model Training and Fine-Tuning
Vector Databases & Retrieval
LLM Infrastructure & Orchestration
Cloud & Deployment
Security & Compliance
API & Integration
Monitoring & DevOpsBuild enterprise-grade platforms that aren't just compliant but intelligent, adaptive, and built to outpace risk.
When we develop insurance software, we build it so it’s secure, compliant, and scalable from the
very start. The process isn’t just about writing code — it’s about making sure it fits your
operations, meets regulations like IRDAI, GDPR, or AML, and can keep up as your needs
change.
We kick off by getting to know how your insurance business works today. This means analyzing the systems you use, where the bottlenecks are, and what you need the software to achieve. Compliance requirements such as IRDAI, SOC 2, or PCI-DSS are noted here so they’re part of the plan, not bolted on later.
Once we have the details, we put together the roadmap. This covers the tech stack, including languages like Java, .NET, AWS, PostgreSQL and whether the architecture should be cloud-native or hybrid. We also make sure it’s modular so it can plug into CRMs, payment gateways, or reinsurers without a hassle.
Security isn’t a final step but something we set up right away. AES-256 encryption, MFA, secure APIs, audit trails, and real-time monitoring are part of the build. Every regulatory framework you work under is mapped to technical controls so compliance is baked into the software.
We design interfaces people actually want to use. That means dashboards for agents, underwriters, and customers that make sense at a glance. Processes like claims filing or renewals are simplified so they work just as well on mobile as they do on a desktop.
We work in short sprints, building and releasing the most valuable features first, whether that’s a quote engine, policy management module, AI-based fraud detection, or risk scoring. API-driven integrations are added as we go so everything connects smoothly.
Testing isn’t just about ticking boxes. We run unit, regression, performance, and security tests, plus vulnerability scans and penetration testing. Then we run through real insurance scenarios to make sure the workflows hold up in day-to-day use.
When it’s time to launch, we deploy to your chosen environment that can be either cloud, hybrid, or on-prem. Data migration from legacy systems is handled carefully, and integrations with CRMs, ERPs, or partner APIs are tested end-to-end before the switch.
Once the system is live, we stay on it. We monitor performance, fix any issues, roll out updates, and make sure the platform stays compliant as regulations evolve. Feedback from users and analytics help us keep improving.
Book A Free Consultation Call With Our Experts Today
The cost of developing a basic to medium complexity insurance software can range from $35,000 to $180,000. However, building complex and advanced insurance software can even cost up to $400,000 or more. Connect with our experts to get an exact cost estimation.
