How to find the right insurance development firm?

If you need an insurance agency for software development, you should research popular B2B tech platforms to find a company with relevant expertise. Explore providers’ portfolios and reviews to get an understanding of what they’ve worked with. When you find a company or a few that have built similar projects, book a consultation call to learn about the principles and modes of cooperation. Ask questions about how much you’ll be involved in the development process, what communication tools will be used, and so on. Insurance development expertise is key, but it’s also essential to straighten out the details of cooperation early on. This way, you’ll get quality development services that meet your expectations.

Can I hire individual insurance software developers?

Yes. You can augment your team with one or a few insurance developers, testers, and other specialists. Our company can also build a dedicated team for you that will include a project manager, engineers, and other required professionals.

How much do insurance software services cost?

The estimate will depend on the complexity of your product and the rates of insurance developers you hire. Normally, the cost of a custom insurance solution development starts at $50,000. The more custom features and integrations you’ll need, the higher will be the final estimate. Regarding developer rates, it makes sense to outsource your insurance development to providers like Binary Studio that offer cost-effective services. For instance, you might pay $100 per hour for an internally hired engineer in the USA or North America in general, plus the administrative costs, while you might pay twice as less for the services of an outsourcing engineer from Eastern Europe.

What type of insurance software development solutions do you offer?

We’re building different solutions for insurance companies and other businesses that intersect with the insurance industry. Whether you need an application for customers to manage their policies or a platform to automate your internal operations (such as risk management, document processing, etc.), our company can help you bring the idea to life. We also have expertise in building full-fledged ERP and CRM solutions (or integrating products with third-party ERP/CRM services) if you need one for the insurance business. If you have a particular vision of the functionality of your insurtech product but can’t find a relevant description among our services or a similar case study, drop us a line—we’ll discuss your project, and you’ll be able to see if our expertise fits your needs.

Custom Insurance

Software Development

Services

Whether you need a legacy system modernization, third-party integrations, or custom software built from scratch, our insurtech developers will help you. By leveraging our expertise, you can provide customers with easy access to insurance services, automate routine tasks, and increase operational efficiency.

Show testimonials

They bring their experience to the table instead of just executing the vision. They feel like a true partner.

Throughout the project, their technical expertise, industry knowledge, and adaptability have made them excellent partners.

They understand the goals and translate them quickly into good architecture and code.

Communication has been impeccable, and we view our relationship as a true partnership where Binary Studio has provided valuable insights that go beyond the checkbox of development.

Binary Studio has a very diligent hiring process, and a sharp team. I have not seen a single person who has been onboarded onto the team and is not able to help us right away.

200+
products backed by our team
4+
years average project duration
21
years of business excellence

Why choose Binary Studio for insurance software development

19+ years of development experience

We’ve been creating a variety of software solutions for almost two decades. During that time, a lot of approaches and tools used in development have changed, and we’ve always adapted our processes to stay on track.
Top 0.5% engineering talents

If you’re looking to hire insurance software developers, we guarantee you the best tech talents with relevant experience. We continuously train new engineers through our IT Academy and hire only 0.5% of the most committed ones.
Business-first mindset

Our engineers are not only experts in development tools and practices—they are also committed to understanding every business case and delivering real value to the companies they work with.
Fast kick-off of your insurtech project

We can launch your development within just two weeks upon agreeing on the timeline and cooperation model and signing documents. We value your time so we always strive to make fast decisions and can adjust to your deadlines.
Truly agile development

We’re working under the Agile methodology where a product is developed in short iterations, which allows you to regularly review the working version of your product and impact the development by suggesting changes when needed.
Expertise in insurance development services

As a fintech and insurance software development company, we’ve built different products for streamlining insurance claim processing, policy management, risk management, and other processes.

Our insurance software development services

Web app development

We offer custom insurance software development for companies that need web and desktop solutions for insurance agents and customers. We build web solutions with secure access, real-time updates, and easy integration with existing systems.
Mobile app development

We design mobile apps for iOS and Android that enable policyholders to manage their insurance anytime, anywhere. These apps can include features like quote calculators, claims submission, digital ID cards, support chat, and more.
Cross-platform app development

To reduce development time and ensure consistent user experiences across devices, we deliver insurance software that runs smoothly on multiple devices on iOS, Android, and web with a single codebase.
Insurance CRM system development

We create insurance-focused CRM systems to help companies manage clients, agents, policies, and claims more efficiently. Unlike generic CRMs, these platforms are tailored for the insurance lifecycle, offering integrations with underwriting, billing, and compliance modules.
AI development for insurance

We deliver AI-powered solutions that automate repetitive tasks, enhance risk modeling, and improve fraud detection. Chatbots, predictive analytics, and document recognition tools are just a few examples of how we can integrate AI to add measurable value.
Dedicated development team

For companies seeking to enhance their internal capabilities, we offer dedicated development teams with expertise in insurtech. These teams integrate into your workflows, bringing domain knowledge and technical skill while we handle all administrative tasks.

The process of insurtech software development

Upon partnering with an insurance software development company, you’ll typically go through the following stages:

01

Gathering your business requirements

⠀ 1-2 weeks

You’ll describe your idea, and we’ll come up with a development plan and approach that fits your needs and will help you reach your business goals.
02

Building a team and starting the development

⠀ 3-4 weeks

We’ll provide you with experienced insurance developers who know how to deliver high-quality products, and they’ll start working on your project in just two weeks upon our agreement.
03

Developing the insurance software MVP

⠀ Project lifetime

The full cycle of insurance software development services includes design, development, and testing, all of which are done in an iterative manner.
04

Maintaining and improving your insurtech product

⠀ Ongoing

We can provide ongoing support and maintenance for your software, and you are always welcome to come with the request to expand its functionality or make other improvements.

Want to optimize insurance operations?

We’ve been developing software solutions for 19+ years—trust your project to us.

Christina Berko ⠀

Client Manager

Maria Kudriavtseva ⠀

Pre-Sales Project Manager

Binary Studio’s awards

Every year, we’re recognized by the B2B platform Clutch in a range of software development categories. The platform assesses our portfolio and client reviews to feature on the lists of top tech companies, which shows genuine appreciation of our work.

Our insurtech development cases

As an insurance software development firm, we've delivered numerous projects for insurance businesses or in other niches that utilize insurance services (proptech and healthcare).

USA

Insurance management platform

Insurtech ⠀ Web

Streamlined insurance compliance platform with bulk operations, automated quotes, and...

AWS

Node.js

JavaScript

Angular

Case: Insurance and health benefits platform for company employees

USA

Insurance and health benefits platform for company employees

Management Systems ⠀ Web

Complete benefits platform streamlining enrollment, onboarding, and document management...

React

Node.js

TypeScript

Redux

MySQL

Docker

CircleCI

Case: America's leading platform in healthcare staffing

USA

America's leading platform in healthcare staffing

Healthtech ⠀ Web

Healthcare staffing marketplace with machine learning matching, credential verification,...

AWS

Heroku

JavaScript

TypeScript

Node.js

PostgreSQL

React

Vite

Redux Toolkit

Redux Saga

View all cases

Types of insurance software we build

Insurance mobile apps

We deliver user-friendly applications that allow policyholders to purchase policies, manage coverage, submit claims, and talk to insurance agents. Companies can adopt these solutions to improve customer engagement and streamline their internal operations.
Legal software

We develop a range of insurance-specific legal software, including legal research, case management, and law practice management tools. Our team will deliver a solution focused on your particular needs and workflows.
Underwriting software

You can enhance the underwriting process with insurtech software that lets you work with advanced algorithms for assessing risk factors and determining coverage eligibility.
Claims management software

You can automate different aspects of claims management and introduce innovative features to streamline operations, reduce processing times, and eliminate fraudulent activity.
Risk management software

Since risk management is at the core of any insurance business, you can improve your operation with the help of a software solution that allows you to utilize data analytics and predictive modeling to develop effective risk mitigation strategies.
Insurance agency portal

For businesses that rely on a network of insurance agents and brokers, it’s essential to have a convenient system to manage all activities and streamline insurance workflows.

Working on something different?

Across 200+ products in portfolio, we’ve likely solved similar tech challenges. Let’s discuss yours.

What our clients say

This is the third time I've used Binary Studio, and each time they've delivered with quality and reliability.

Clutch review View case

David Burton CEO

Binary Studio has a very diligent hiring process, and a sharp team. I have not seen a single person who has been onboarded onto the team and is not able to help us right away.

Clutch review View case

Mark Volkmann CEO

Communication has been impeccable, and we view our relationship as a true partnership where Binary Studio has provided valuable insights that go beyond the checkbox of development.

Clutch review View case

Daragh O'Shea Co Founder & CTO

They bring their experience to the table instead of just executing the vision. They feel like a true partner.

Clutch review View case

Pascal Desmarets Founder & CEO

Throughout the project, their technical expertise, industry knowledge, and adaptability have made them excellent partners.

Clutch review View case

James Tetler Engineering Manager

Frontend

Backend

Mobile

QA

Cypress
Selenium
Chai
Playwright
Puppeteer
Mocha
Jasmine

Database

SQL Server
MySQL
PostgreSQL
SQLite
MongoDB
Amazon RDS
Google Cloud SQL

Frameworks

Express.js
Fastify
Laravel
Symfony
CakePHP
Redux
ASP.NET
Flask

Cloud

AWS
Azure
Google Cloud
Digital Ocean

Stack

Cypress
Selenium
Chai
Playwright
Puppeteer
Mocha
Jasmine

SQL Server
MySQL
PostgreSQL
SQLite
MongoDB
Amazon RDS
Google Cloud SQL

Express.js
Fastify
Laravel
Symfony
CakePHP
Redux
ASP.NET
Flask

AWS
Azure
Google Cloud
Digital Ocean

Insurance solution development services FAQ

How to find the right insurance development firm?

If you need an insurance agency for software development, you should research popular B2B tech platforms to find a company with relevant expertise. Explore providers’ portfolios and reviews to get an understanding of what they’ve worked with. When you find a company or a few that have built similar projects, book a consultation call to learn about the principles and modes of cooperation. Ask questions about how much you’ll be involved in the development process, what communication tools will be used, and so on. Insurance development expertise is key, but it’s also essential to straighten out the details of cooperation early on. This way, you’ll get quality development services that meet your expectations.
Can I hire individual insurance software developers?

Yes. You can augment your team with one or a few insurance developers, testers, and other specialists. Our company can also build a dedicated team for you that will include a project manager, engineers, and other required professionals.

How much do insurance software services cost?

The estimate will depend on the complexity of your product and the rates of insurance developers you hire. Normally, the cost of a custom insurance solution development starts at $50,000. The more custom features and integrations you’ll need, the higher will be the final estimate. Regarding developer rates, it makes sense to outsource your insurance development to providers like Binary Studio that offer cost-effective services. For instance, you might pay $100 per hour for an internally hired engineer in the USA or North America in general, plus the administrative costs, while you might pay twice as less for the services of an outsourcing engineer from Eastern Europe.
What type of insurance software development solutions do you offer?

We’re building different solutions for insurance companies and other businesses that intersect with the insurance industry. Whether you need an application for customers to manage their policies or a platform to automate your internal operations (such as risk management, document processing, etc.), our company can help you bring the idea to life. We also have expertise in building full-fledged ERP and CRM solutions (or integrating products with third-party ERP/CRM services) if you need one for the insurance business. If you have a particular vision of the functionality of your insurtech product but can’t find a relevant description among our services or a similar case study, drop us a line—we’ll discuss your project, and you’ll be able to see if our expertise fits your needs.

When you might need insurance software development services

When you want to optimize insurance processes

There are plenty of processes you can automate and improve with the help of software, whether it’s claims handling, underwriting, or risk management.
When you want to streamline data security

Having a lot of sensitive data, you might need a solution with reliable data storage that has built-in measures to prevent fraud and eliminate unauthorized access.
When you want to leverage data analytics

Custom insurance software can open you the opportunities to monitor and use real-time analytics for improved risk management, predictions, and financial decisions.

Schedule a tech consultation

Book a meeting

Volodymyr Koberniuk ⠀

Head of Delivery

Julia Shevchenko ⠀

Head of Operations

When you might need insurance software development services

When you want to optimize insurance processes

There are plenty of processes you can automate and improve with the help of software, whether it’s claims handling, underwriting, or risk management.

When you want to streamline data security

Having a lot of sensitive data, you might need a solution with reliable data storage that has built-in measures to prevent fraud and eliminate unauthorized access.

When you want to leverage data analytics

Custom insurance software can open you the opportunities to monitor and use real-time analytics for improved risk management, predictions, and financial decisions.