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.

200+
Delivered projects
20+
Years of business excellence
4.9
Review rate on Clutch

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.

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.

The process of insurtech software development

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


1	Gathering your business requirements	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.	1-2 weeks	Head of PMO Delivery Manager
2	Building a team and starting the development	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.	3-4 weeks	Head of PMO Project Manager
3	Developing the insurance software MVP	The full cycle of insurance software development services includes design, development, and testing, all of which are done in an iterative manner.	Project lifetime	Development Team
4	Maintaining and improving your insurtech product	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.	Ongoing	Development Team

Want to optimize insurance operations?

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

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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).

View more case studies

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.

“

One thing that continues to impress us is the exceptional quality of engineers that Binary Studio is able to provide us

Mark Volkmann - CEO /

Massage Book

Watch video

“

Binary Studio has really been pivotal in FanAngel's success

David Burton - CEO /

FanAngel

Watch video

“

Binary Studio is an ideal software development partner and our experience working with them has been fantastic

Pascal Desmarets - Founder & CEO /

Hackolade

Watch video

Mark Volkmann

CEO / MassageBook

Charleston, SC

David Burton

CEO / FanAngel

San Luis Obispo, CA

Pascal Desmarets

Founder & CEO / Hackolade

Brussels, Belgium

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.

Our insurance development tech stack

HTML
CSS
JavaScript
Vue
React
Angular
Electron

Node.js
.Net
PHP
Java
Python
Go

IOS
Android
Swift
Flutter
React Native
Xamarin
Cordova
PWA

Cyrpess
Selenium
Playwrite
Puppeteer
Mocha
Chaj
Jasmine

SQL Server
MySQL
PostgreSQL
MongoDB
SQLite
Azure SQL
Amazon RDS
Google Cloud SQL

Express.js
Fastify
Laravel
Symfony
CakePHP
Ruby on Rails
Django
Flask

AWS
Azure
Google Cloud
Digital Ocean

Docker
Kubernetes
AWS Dev Tools
Azure DevOps
Google Dev Tools
Jenkins

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.

Improve your insurance business with us

Schedule a free consultation to discuss your insurance software:

We’ll analyze your business requirements and needs
We’ll suggest you the optimal tech stack for your project
We’ll decide on the scope of work and plan the development

Christina Berko

Client Manager

Schedule a meeting

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.