Insurance Product & Software Development

Insurance Product Development Customized to Your Needs

The wave of technology is creating a new set of opportunities for insurance companies to optimize business processes and achieve sustainable marketable success. Damco assists insurance businesses with high-quality Product Development services that are powered by years of experience and professional indemnity software developers. From creating web portals to migrating legacy systems, our Insurance Software Developers have more than 20 years of experience creating personalized solutions that are built with your short- and long-term goals in mind.

Our full-cycle Product Development services are designed to help you grow your business, increase your ROI, and one-up the competition in the insurance business landscape. Whether it’s custom application development, platform modernization, software testing, and quality assurance, system integration, or technology consulting- we got you covered. As a full-fledged Insurance Software Development company, our offerings have a comprehensive approach. We provide software solutions comprising automated quote to issuance, dynamic insurance rate algorithms, and policy management systems for life, property, commercial and general insurance.

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.