Damco Group

Insurance Product Development Services

As a leading Insurance Software Development Company, Damco helps you develop applications and platforms to streamline underwriting processes and increase customer loyalty. Our custom Insurance Software Development services help in reducing claims operational costs, increasing savings, and ultimately creating an efficient and competitive business.

Platform Development and Enhancements

  • Insurance Product Development practice combines strong Insurance domain knowledge with sharp technological skills to introduce newer products for digitally savvy customers and brokers.
  • New Insurance Product Development or enhancement of existing core systems like sales and distribution, policy administration, claims management, underwriting, etc.
  • Streamlining core business processes (policy administration and claims processing) and automation in new business, policy issuance, and claims for faster time to market with new product rollouts.

Platform Modernization

  • Employ custom Insurance Software Development to introduce customer self-service mobile apps/portals to help Insurers in reinventing system landscapes to match the changing market.
  • Use the power of automation to shorten the Underwriting and Claims processing workflow and provide constant improvements through feedback.
  • Offer continuous support for constant improvements, transformation, and innovation in Insurance Product Development to better connect insurers, agents and brokers through technology.

Enterprise and Third-Party Integrations

  • Multiple ways to integrate data and Insurance service providers through synchronous and asynchronous transmissions. The preferred method for Product Development involves using web services to support inbound or outbound web services fetching insurance data.
  • Integration of custom Insurance Software Development solutions with other Enterprise Applications in the areas of Accounting, Compliance, Feedback, CRM, Document Management, Brokerage, or Insurance systems.
  • Integration with Data validation servers such as Infrastructure Management, Data Center Management, Network Management, Production Operations, Hosting & Bandwidth, Help Desk, etc.

Resources

Claims Process Automation with AI

Insurance Claims Process Automation with an AI-Enabled EcosystemSmarter Claims Management from FNOL to Recovery Watch Now

A Definitive Guide To Insurance CRM Software

A Definitive Guide To Insurance CRM SoftwareDownload

Blogs & Insights

Our Clients

trinre logo
fdic logo
Caribbean Assurance Brokers Limited
mmm logo
sagicor logo
uaic logo
insurance logo

Our Differentiators

insurance software

Dedicated Practice to deliver services and solutions for Insurance businesses.

insurance agency software

1100+ person-years of experience in delivering Insurance technology services.

insurance software solutions

100+ Insurance projects delivered globally, 60+ Insurance Customers.

insurance management software

30+ installations of InsureEdge – a complete technology platform.

insurance agency management software

Strong experience in multiple lines of business covering Life, Health & General Insurance.

independent insurance agency software

Strong technology expertise in Microsoft, Open Source, Oracle, Salesforce, IBM, Cloud & Mobility.

insurance software

Capabilities in cutting-edge technologies – IoT, AI, Machine Learning.

insurance software companies

Global Presence with resource availability in USA, UK, Luxembourg, Australia & Caribbean islands.

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