Insurance Software Development Services
Maintenance of Legacy
10+ 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 industry 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 DevelopmentPartner 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
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
- Digital channel capabilities
- Personalised products
- Omnichannel distribution
- 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 toGrow Insurance Business with Tech?
10+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.
We assist insurance companies with both development of custom platforms and upgrade of legacy insurance systems 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
Vertical Solutions Delivery for Insurance
Sales & MarketingAutomation
Velvetech’s services include customization, implementation, and integration of CRM platforms for the insurance industry.
Transition from out-of-date solutions to platforms running on modern technologies to improve the bottom line of the business.
ERP and BPM software developed and customized by Velvetech ensures effective and uninterrupted operations of insurance business.
Implementation of document management systems for document workflow management, 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.
Definition mobile strategy to deliver best in class digital services to customers and empower field workers with mobile solutions.
Who Makes Us Stronger
Dealer Platform for Small Business Insurance
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
Insurance Claims Management for Supply Chain Industry
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
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 architecture paradigm, which in turn provides more stable operation of the whole solution.
What Our Clients Say