- Our Work
- Custom Development Services
- Enterprise Software Development
- Web Development
- Mobile Development
- .NET Development
- Data Engineering
- IoT Development
- Product Engineering
- AI & ML Solutions
- Blockchain Development
15+ YEARS OF INNOVATION
Velvetech is proud to power front runners of the insurance industry by assisting them with cost-efficient software development services. From startups to enterprises, we are part of the ongoing Insurtech revolution.
It excites us to watch and drive the momentum in such a well-established sector as insurance with lots of legacy software products and tremendous potential for innovation. We can help you run a successful insurance business by deploying modern technologies that will last for years.
Insurance Software Development Services
Custom Insurance Solutions Development
Velvetech delivers a range of custom insurance software solutions that solve your unique business challenges and propel the company forward.
Our specialists can guide you on your software acquisition journey and help choose the optimal Insurtech tools for lasting business growth.
Maintenance of Legacy Insurance Systems
We work to maintain and modernize your existing legacy software so that you can benefit from new technologies and higher productivity levels.
Insurance Software Development Partner for #1 Insurtech Company
How Digital Innovation Powers Insurance 2.0
Ted Devine, the CEO of Insureon, named Inc. 500’s #1 fastest growing insurance company, shares his success story about partnering with Velvetech to leapfrog the competition.
COMPANIES WE WORK WITH
Technology Partner for Insurance Sector
- Customer portals
- Policies & claims management
- Agents management solutions
- Insurance exchanges
- Quotes management systems
- Commission management
- Underwriting solutions
- Claims intelligence
- Benefits administration
Vertical Solutions Delivery for Insurance
Sales & Marketing Automation
Velvetech’s services include customization, implementation, and integration of CRM platforms for the insurance industry.
Legacy Systems Upgrade
Transition from out-of-date solutions to platforms running on modern technologies to improve the bottom line of the business.
Business Processes Optimization
ERP and BPM software developed and customized by Velvetech ensures effective and uninterrupted operations of insurance business.
Implementation of document management systems for insurance workflows & operations, including scanning, e-signing, approvals, storage, and retrieval.
With more data becoming available from various data providers, Velvetech helps insurers integrate their platforms with multiple data sources via APIs.
We help you to define the mobile strategy, deliver best-in-class digital services to customers, and empower field workers with mobile solutions.
Value of User-Driven Development
Tune in to hear insights on the value of user-driven development in creating IT products.
Watch our webinar and learn the top ways of reducing poor user satisfaction, low adoption rates, and decreased loyalty.
CUSTOM INSURANCE SOLUTIONS
Connecting the Digital Dots for Insurance
Let’s Discuss Your Challenges and Goals!
What Really Matters in Insurance
- Upgrading legacy systems
- Automating processes
- Creating new product lines
Unique User Experience
- Digital channel capabilities
- Personalised products
- Omnichannel distribution
Security and Compliance
- Tracking new requirements
- Diversifying tech risks
AREAS OF INNOVATION
Pioneering Insurance with Emerging Tech
A distributed ledger can take counter-fraud to a whole new level and power the cases of data and monetary interchange.
Machine Learning and AI
The intelligent analytics solutions powered by ML and AI enable insurers to generate and act upon meaningful risk insights.
IoT and Telematics
Internet of Things and ubiquitous connectivity facilitate the pre-emption of claim events and ensure timely damage limitation.
Chatbots and Robo-Advisors
Chatbots and guided conversations can provide insurance knowledge and advice to policyholders anytime, anywhere.
Big data in combination with smart data strategies allows insurances to make decisions based on models and evidence.
Mobile solutions enhance the productivity of remote insurance agents and offer a unique user experience for the insured.
Looking for Ways to Grow Insurance Business with Tech?
15+ Years in Insurance Software
Velvetech has been an active player in the insurance software development market since 2008, building custom solutions for the industry innovators.
As a trusted developer of tailored solutions, we assist insurance companies with both upgrade of legacy insurance software systems and development of custom platforms and applications to address technology-driven changes in the marketplace.
- Deep Industry Knowledge
- 3-day Proof of Concept
- Agile Methodology
- 1 Week to Ramp Up a Team
- Cross-Platform Coverage
Who Makes Us Stronger
Velvetech has assisted Insureon with introducing innovative solutions, such as text and speech recognition and analysis. We also completely rebuilt their in-house system to support automated workflows.Read Now
Velvetech designs IoT and Telematics solutions to monitor temperature and capture geolocation data for Insurance. These solutions help perishable food shippers, carriers, and receivers comply with all temperature monitoring requirements.Read Now
Velvetech helped an insurance consultant automate manual document processing and report generation with a custom-built middleware solution. As a result, the Client got a significant boost in overall efficiency and was able to improve the delivery of customer experiences.Read Now
An auto insurance company was looking to migrate its web application from Microsoft Azure to Amazon Web Services. We seamlessly carried out the infrastructure migration, allowing the Client to be more self-sufficient and ready to capitalize on all the latest technologies.Read Now
We have proved our excellence in insurance by developing medical insurance verification software. The solution automatically verifies patient insurance and coverage for the provided medical services.
Property and Casualty Insurance Software
Velvetech designs solutions to collect personal safety incident data and claims management for bodily injury and property damage. One of the most striking examples was a product suite where we created an emergency center monitoring cloud and a mobile app connected with a wearable personal safety device.
Modernization of Core Insurance Platforms
Velvetech was responsible for rewriting major blocks of a legacy insurance platform to enable support of a modern cloud-based architecture paradigm, which in turn provides more stable operation of the whole solution.
What Our Clients Say
We had to have a software development partner, largely because we did not have all the capabilities internally. But as we picked that, we had to have somebody that could work at our pace and our speed. And that is where Velvetech came in. They have been amazing in enhancing our team every step of the way, adding capability. And they really do feel like a part of Insureon.
I just want to express how satisfied I am with the Velvetech team. As a prior DIO working with many offshore teams including teams I built and managed, the Velvetech team has been the most pleasant and easiest to work with. Everything from communication, documents, code quality, and understanding of our requirements has been top-notch.
Velvetech was recommended to us by a friend who had worked with them in the past. Wow did we get lucky! Since 2005, Velvetech has been solid as a rock for us in our various product launches, maintenance, and enhancements. Yuri and Velvetech have played a critical role in the success of our business, and we are thankful each day that we chose the right path!
We didn’t have the resources in-house to accelerate our opportunities, and we would still not be to market if we hadn’t gone to a very capable outside contractor to help to accelerate our process. Velvetech were very articulate, polite and professional. We’re very pleased with our working relationship with Velvetech and hope they can be part of our operation into the foreseeable future.
I’ve been working with Velvetech for about twelve years. I hired this firm to create some simple code for me, which grew into website development and our first mobile app. Velvetech is a one-stop shop for everything relating to the web… social media, mobile apps, websites. With their professionalism, expertise, and enthusiasm, Velvetech has grown to be an extension of my department. They’re always two steps ahead of me, which is invaluable.
Gaining Control of Contact Center Performance
What if every customer could deal with your single most effective sales and service person?
Watch the webinar to discover how insurance companies turn insights into results and elevate productivity across marketing, sales, and service teams.
Get in Touch with Us!