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Insurance Software Development Company

Are you looking for an optimal Insurance Software Development solution?

As a leading software development company, HDWEBSOFT will satisfy all your software needs. Whether it is to Automate your Insurance Operations or build a custom Insurance Software Development system, we can handle it perfectly. Simply reach out to HDWEBSOFT and let our specialists take care of the rest.

– Enjoy mass profit at your fingertip.

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What Is Insurance Software?

Insurance Software Development Main Image

Insurance software is designed to help insurance carriers and agencies manage their daily operations. For the administrative team, it can help keep track of policy and claims information, manage teams, and much more. There’s a client-side to this software as well, which allows your customers to log in and do things such as check their policy information, fill out forms, and make online payments.

Combining business process management (BPM) and customer relationship management (CRM) functionality, insurance software can serve as the digital hub to leverage all of your company’s primary insurance processes.

Do you want to learn more about how to start your Insurance Software Development with an outsourcing partner? Learn more the detailed Outsourcing Software Development Guide.

HDWEBSOFT’s team is ready to help your company get a feature-rich and easy-to-use insurance software solution.
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Benefits of Insurance Software

Dedicated Insurance Software Development can provide more benefits to your company than manual methods such as spreadsheets. Below are the main advantages that Insurance Software Development can offer:

Improved Operational Insurance Icon - HDWEBSOFT

Improved operational efficiency

House all of your information in a single database and Automate Insurance Operations related to billing or reporting. As a result, this can save your business more time.

High-caliber data security

High-caliber data security

Provide next-level encryption and user authentication in insurance software to offer better security.

Better regulatory compliance

Better regulatory compliance

Insurance Software Development can automatically highlight any areas that need your attention.

Enhanced communication

Enhanced communication

Task management, automatic notifications, and communication tracking can ensure that your team will miss nothing when interacting with customers or carriers.

Superior customer service

Superior customer service

Insurance customers will look forward to quick, accurate assessments of the situations, and the ability to perform self-service requests. Insurance Software Development makes this happen in a smooth and efficient way.

Reach out to HDWEBSOFT’s team right NOW to get a full-fledged Insurance Software Development solution that will help you facilitate your insurance business.
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Common Insurance Software Functionality

When it comes to insurance software functionalities, there can be quite a variety to look for. With that in mind, here are some of the most common functions:

Policy management

Policy management

Create and manage insurance policies for various customers and insurance lines.

Claims management

Claims management

Manage customer claims information and track claims that are being processed.

Billing

Billing

Create and send invoices, process insurance payments and manage customer billing information.

Rating

Rating

Enter customer information and receive quotes from selected insurance.

Underwriting

Underwriting

Define formal rules for insurance coverage company-wide. Input potential clients’ information to evaluate.

Analytics and reporting

Analytics and Reporting

Analyze patterns to spot fraud, improve risk prevention, or identify revenue opportunities. Provide reports on a selected basis. Learn more about HDWEBSOFT Data Analytics Expertise.

Enhance your business performance now via our comprehensive and cutting-edge Insurance Software Development services.
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Key Considerations When Purchasing Insurance Software

Here are the key factors to consider when looking for the right Insurance Software Development system:

Cloud-based or on-premise

Cloud-based or on-premise

The 2 most popular options are either on-premise (where the software is maintained on company servers) or cloud-based (where the software is maintained on vendor servers and accessed by companies via the Internet). There are definitely advantages to each. While on-premise software is more customizable, cloud-based software needs fewer IT resources.

Integration possibility

Integration possibility

If your business already has other software systems, such as CRM software or accounting software, let us know which systems are in use to ensure smooth integration between different business processes (e.g., migrating invoice information into the company ledger).

Specific software

Specific software

Most Insurance Software Development companies can enable their system to work with multiple insurance segments like health, life, and annuities (L&A), property and casualty (P&C), or otherwise. As a result, you will reap substantial benefits if you want to consider a plethora of options, or if you are a multiline insurance business.

Still don’t know what to choose? Consult with us now to up your game as we offer a free consultation session.
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IT Solutions for Insurance We Develop

Underwriting

  • Processing customers’ applications.
  • Conversion of potential leads into customers.
  • Risk management.
  • Premium calculation.
  • Compliance management.

Claim estimation

  • Claim submission and management.
  • Damage estimation.
  • Compliance assurance.

Injury management

  • Case processing and claim management.
  • Insurance coverage.
  • Treatment plans and reimbursement.
  • Injury Compensations.

CRM & Marketing

  • Marketing.
  • Building brand awareness.
  • Content marketing.
  • Omnichannel lead generation.
  • Customer journey management.

We are also expertise in developing software for the marketing industry.

B2C Sales

  • Online sales.
  • In-person sales.
  • Integration with underwriting software.
  • B2B Sales.
  • Long-cycle sales.
  • Account development.

Customer service

  • Omni-channel communication.
  • Case management.
  • Registering claims.
  • Customer portal.
  • Many levels of clients’ self-service.
  • Application management.
  • Claim management.
  • AI assistant.

Data Analytics

  • Risk management.
  • Fraud detection.
  • Customer behavior analysis.

Business intelligence

  • Finance analytics.
  • Customer analytics.
  • Performance analytics.
  • Workforce analytics.
  • Operational analytics.
  • Planning and forecasting.

Automate Insurance Operations

  • Automatic payment.
  • Medicine inventory.
  • Data retrieval.
Let HDWEBSOFT help you build your desired insurance system – one that is designed for you and your needs only
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Choose Your Service Option

Solution consulting, implementation, and support

  • Selecting optimal solutions to meet your business needs.
  • Reducing implementation costs.
  • Ensuring user adoption.
  • Offering end-to-end solution implementation.
  • Providing after-launch support, continuous solution maintenance, and evolution.

IT outsourcing for insurance

  • Outsourcing of one or several IT functions:
  • Business analysis to elicit your automation requirements.
  • Automate Insurance Operations
  • End-to-end Insurance Software Development.
  • Testing and QA.
  • Data analytics for insights without developing own analytics solution.
  • Managed infrastructure services.
  • IT support and help desk.

Optimize Your Insurance Services With Technological Solutions

20-50%

Less application launch time because of seamless processes

100%

Possible to automate your insurance operations

5-35%

Less IT operating costs due to access to professional expertise

99.99%

More IT service availability on account of proactive IT maintenance and 24/7 support

50%

Less time for claims processing thanks to workflow automation

80-90%

More accuracy of insurance business processes as a result of minimizing manual work

100%

Regulatory compliance due to strong security features.

Accelerate your business via our comprehensive and cutting-edge Insurance Software Development Services.
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Insurance Software Development FAQs

You can find out more information about our Insurance Software Development through our frequently-asked-questions section here.

What are the major benefits of Insurance Software Development?

You can easily find out more about the advantages of a custom Insurance Software Development Solution here.

What are the key features of Insurance Software Development?

  • Policy automation.
  • Insurance claims management.
  • Finance infrastructure tools.
  • Insurance CRM software.
  • Insurance Reporting software.

How can I make payments to HDWEBSOFT?

Our main payment channel is through Wire/Bank Transfer. However, all other methods are still possible depending on our client’s requests and the nature of the projects.

How can we communicate and monitor the progress of the project with the hired developers?

You can take advantage of HDWEBSOFT’s unique project management system, which allows project monitoring, task assigning, and following up. Our developers are also available through Skype, Hangouts, Email, Phone, JIRA, Slack, Teamwork, and Basecamp.

Will I receive reports and updates on the progress of my projects?

Periodic reports are available on a daily or weekly basis. Also, we are always open to your preference.

Should you need more information, feel free to contact us anytime. Our consultation is free!
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Why HDWEBSOFT is your select Insurance Software Development Company

Why HDWEBSOFT is your select Insurance Software Development Company

HDWEBSOFT is a top Custom Software Solution Provider for all your technology needs, Insurance Software Development Services being one of them. We have been in the industry for over a decade and helped our clients build and optimize applications, webs, and software. In addition, our specialists are well equipped with the necessary skills for the job, ensuring that the product meets all the market standards.

Instead of exhausting resources and force-fitting your business into complicated and cumbersome software, why not create a custom-built insurance software solution at a fraction of the cost? Let HDWEBSOFT help you build your system at reasonable prices.
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Insurance Software Development Case Studies

We believe that action speaks louder than words. However, why choose only one when we can do both? HDWEBSOFT has been a leading Insurance Software Development company for years and has successfully completed a series of technology-related projects that we are responsible for. If you wish to understand us and our success more, kindly refer to the case studies below.