The current insurance software market size has reached 14.14 billion USD, and the variety of development companies working in the industry can boggle the imagination. With a reliable partner, you can be sure that your final product will be both functional and compliant with all vital regulations and protection measures. In the following list of top insurance software companies, you will see the most promising potential partners with a range of services you may find useful for an insurance branch.
Best 10 Insurance Software Development Companies
When choosing a reliable partner among software development providers, we recommend focusing on the companies with a high reputation and expertise in industry-specific projects.
Django Stars
Django Stars is an insurance software development company with over 17 years of experience in the market. Expertise in financial and healthcare solutions builds a solid ground for their insurance-related projects. The insurance software development approach is highly focused on creating an application for real-world purposes and avoiding unnecessary complexity where it is not required. Simplicity and user-friendly functionality make their insurance solutions powerful additions to businesses.
In one of their projects, Django Stars has created a SaaS platform for insurance companies. The solution ensures underwriting and claim automation that can cover a wide range of insurance scenarios.
Service range: custom insurance software development, team extension, IT advisory and consulting, and ML and AI services.
Door3
This service provider has a reputation as a trustworthy insurance app development company, thanks to over 23 years of experience. Door3’s professional team streamlines claim settlements and improves decision-making processes with advanced technological solutions. Experts deliver high-quality products for the insurance industry and numerous other sectors. Door3 offers services related to AI and custom software creation.
Service range: design and UX, software development, and technology consulting.
BairesDev
BairesDevs collaborates with over 4,000 professionals who possess expertise in a wide range of technologies and programming languages. Their team creates custom applications and tailors their functionality according to the unique needs of their clients. The easy-to-use design and advanced capabilities of AI-powered solutions fully meet the requirements of the insurance industry.
Service range: custom software development, AI & data science, QA & testing, design, platform, and infrastructure.
Orases
Orases has been delivering custom software solutions for over 25 years in the market. The company has been working on various project directions, including insurance, and maintains a reputation as a trustworthy service provider, according to the Clutch Global Rate.
Service range: software development & consulting, AI & ML, AI consulting, web & mobile app development, design, testing & QA, integration & modernization, infrastructure, data strategy & AI development.
SPR
SPR is a software development company with over 50 years on the market. Addressing the needs and expectations of special users, SPR experts create custom solutions for various industries, alongside high-quality product and platform modernization.
Service range: custom software & mobile app development, advanced business analytics, Microsoft 365 services provider, software testing, DevOps consulting & agile training, AI, IT project management, design, cloud consulting.
Velvetech
With over 20 years of experience and dedication to creating effective, technology-rich solutions, Velvetech has risen to the top of the list of insurance software companies. Their customizable applications can become a powerful digital extension to workflows in the insurance industry.
Service range: custom software development, web & mobile development, IoT services, data analytics, design, IT consulting, staff augmentation, blockchains, ML, AI, business process automation, QA & testing.
Itransition
Itransition is one of the software development companies with the longest track record, boasting over 25 years of experience and market operations. The company offers a comprehensive range of consulting and development services across 30 countries worldwide. Their experts create scalable solutions of different complexity levels.
Service range: custom software development, AI, IoT, API development & integration, software QA & testing, DevOps solutions, modernization, etc.
OSP Labs
OSP Labs is highly focused on the healthcare industry and related branches, such as insurance. The company was founded in 2009 and has since delivered versatile solutions that empower businesses and promote scalability. OSP Labs creates cost-effective applications that can significantly streamline the go-to-market path.
Service range: software development, solutions enhancement, product development, mHealth development, robotic process automation, and healthcare consulting.
Atomic Object
For 20 years, Atomic Object has been helping companies across various industries grow and adopt innovative technologies. With a focus on clients’ needs and budgets, they deliver cost-effective solutions that enhance risk mitigation and facilitate smart trade-offs. Their main focus is on the finance, healthcare, education, and insurance industries.
Service range: AI software development, new product development, product enhancement & modernization, IoT software, desktop app, cloud, web & mobile apps.
Cognizant
Cognizant is a software development provider that has established trustworthy connections in the market over its 30-year operational history. Their services focus on process automation and personalizing the experience for their clients and customers.
Service range: automation, agent foundry, business process services, application services, cognizant neuro, consulting, cybersecurity, data & AI, engineering research & development, enterprise platforms, experience, IoT & engineering.
Conclusion
When selecting a software development company, focus on their reputation, technical stack, and customization capabilities. Expertise and the presence of case studies related to insurance will demonstrate a deep understanding of the niche and an understanding of the key processes and regulations.
