What we offer
Custom software development
In wholesale standardization, it is the unique product and offbeat approach that can give an organization a competitive edge over its rivals in the niche. This is true of insurance enterprise risk management, where off-the-shelf software will hardly let any risk management insurance company stand out among its counterparts. By commissioning bespoke insurance risk management software, you will get a solution that will suit your business to a tee and exclude splurging on functionalities you will never use.
Software customization
If you have acquired out-of-the-box insurance risk management software and want to have it tailored to fit your particular needs, we are here to accomplish the whole scope of related services. In case you have legacy software that has stopped manifesting satisfactory performance, our team has sufficient expertise to modernize it so that you can keep abreast of all modern technological developments. Our customization services encompass analyzing your requirements, IT consulting, insurance risk management software development and design, deployment, and support.
System integration services
Even the best solution can do your risk management insurance company no good if it stands apart from the ecosystem of your organization, functioning on its own. Integrating it with the rest of the IT infrastructure will help you get the actual value and bolster the enterprise’s overall efficiency. Our experts offer qualified consultation on the nuts and bolts of insurance risk management software integration. We provide data and API integration services, creating service-oriented architecture to facilitate information flow and enable the integration of other solutions.
Cloud migration services
Today, on-premise software lives on borrowed time being ousted by cloud solutions left, right, and center. Sticking to such outdated ways of insurance enterprise risk management spells relentlessly lagging behind your competitors. Our specialists will help you hydrate the cloud whatever scale of migration you find necessary, be it enterprise system migration, data migration, or database migration. The technologies we apply will allow you to create high-profile cloud-based solutions at Oracle, Azure, AWS, or Google Cloud Platform.


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Benefits of our risk management software development services
Our custom software development process
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What impacts your project duration
Before you start a project, you can never define the precise time it will take. However, a ballpark estimation is possible if we have the following information.
- Project requirements
- Time-to-market
- Team composition
- Chosen technology stack
- Integration needs
What affects your project costs
The project budget usually depends on the factors enlisted below. We highly recommend to start any project with a discovery phase to accurately define the project scope.
- Scope of work and project’s complexity
- The number of upgrades and customizations
- Project completion urgency
- Engagement model: Fixed Price, Time and Material, Dedicated Team
What we need from your side
Please provide the information indicated below to help us define your project scope accurately.
- Project goals, vision, and roadmap
- Project requirements
- Project-specific documentation
- Your availability for project discussion sessions
Our tech stack
Explore our case studies
Frequently asked questions
How technology helps manage risks in insurance?
Insurance business faces a number of operational, reputational, and compliance risks that threaten the functioning of any insurance company. In addition to the conventional risks caused by inadequate professional service or adverse environmental conditions, the digital age forwards IT-related threats like data breaches and other kinds of cybercrime. Given the gamut and complexity of such dangers (especially the high-tech-driven ones), it is impossible to address all the challenges without relying on the state-of-the-art means that the contemporary IT industry has in stock.
What software solutions are popular for risk management?
To effectively forestall risks and eliminate them, risk management software must have prediction capabilities, the reporting and analytics functionality, a user-friendly interface, incident navigation, and wide integration options. Many existing off-the-shelf solutions such as TimeCamp, Qualys, MasterControl Risk Analysis, Resolver, nTask, Audits.io, Reciprocity, and many others tick these boxes. However, only bespoke software built with regard to your unique needs and specific requirements can give you full value.
What is a risk management system in insurance?
In the insurance industry, risk management presupposes assessing the likelihood and financial consequences of events that may happen with the customer. The system responsible for this task must identify the premium cover and the value of insurance risk through leveraging statistical and mathematical modeling. Its other priority lies in helping clients detect risk events to timely prevent them as well as in reinforcing feedback techniques to enhance the performance and profitability of the underwriting process.