get a competitive advantage with lasoft

Insurance software
development

We offer our skills and expertise in developing custom insurance software that provides insurance providers, brokers, and InsurTech startups with digital solutions to empower insurance businesses with advanced technology.

Our expertise in AI-driven automation, predictive analytics, and cloud-based solutions helps our clients to stay competitive in the market.

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With over 10 years of LaSoft's expertise in the market, your insurance business can benefit from innovations:
automate operations and enhance customer engagement

Our clients within the insurance ecosystem:

  • Insurance companies

    We streamline policy issuance, claims processing, and customer management and build complex IT infrastructures.

  • Brokers & agents

    We build digital platforms to manage quotes and policies and improve customer engagement.

  • Insurtech startups

    We can build prototypes and MVPs to test business ideas and scalable, AI-driven solutions to disrupt and innovate the insurance industry.

  • Cybersecurity providers

    We partner with in-house teams to develop, optimize, and deliver high-quality solutions to secure businesses from cyber attacks.

We provide custom insurance software development

insurance software solutions

Learn about
our technical
expertise

LaSoft helps ensure your digital infrastructure is secure, efficient, and ready to support your business growth.

We offer our clients, from insurance agencies, a streamlined business process and personalized services to boost customer experience.

  • Full-cycle custom
    software development

    As your insurtech software development company, we can develop high-quality software solutions that empower your insurance businesses with using advanced technologies. We'll help you with the following:

    • Insurance management platforms from scratch;
    • Seamless third-party integrations for automation and compliance;
    • AI-powered underwriting & risk assessment solutions;
    • Policy administration systems for efficient policy lifecycle management.
  • Insurance mobile app
    development

    We help enterprises and startups serve their customers by developing beautiful and intuitive mobile apps. We develop solutions for all operating systems:

    • User-friendly mobile apps for policyholders and agents;
    • Secure Android & iOS applications for claims submission, policy management, and renewals.
  • Cloud-based
    insurance solutions

    Our experts ensure your insurtech product gets a cloud-based solution

    • Secure cloud migration services for enhanced scalability and cost efficiency;
    • Cloud-based data storage & backup solutions for compliance and disaster recovery;
    • Integration of cloud-native APIs to streamline business operations.
  • Digital transformation

    We have expertise in the insurtech market, enabling you to transform routine operations from outdated legacy systems to fully integrated platforms, thereby boosting productivity. We help migrate customer data, streamline processes, and enhance operational resilience and agility. You can access advanced analytics, AI-driven automation, and real-time processing to offer your clients innovative insurtech products. Those efforts help exclude time-consuming manual work and lead to operational efficiency.

    We can also re-architect, refactor, and rehost your legacy applications using cloud-native technologies, microservices, and APIs.

  • Intelligent automation

    Let's enhance efficiency and accuracy with our artificial intelligence software development services across your insurance processes. Intelligent automation minimizes manual effort, reduces errors, and accelerates workflows by automating repetitive tasks in your digital products

    • AI chatbots simplify customer acquisition with AI chatbots that collect data, automate document verification, and enable embedded e-signature functionality;
    • Smart document management automates document capture, indexing, and categorization, ensuring secure, efficient document retrieval and storage;
    • Automated policy management functionality streamlines policy issuance, updates, and renewals with AI-driven automation.
  • Generative AI

    The LaSoft tech experts empower insurers with advanced risk assessment, automated underwriting, personalized policy pricing, and AI-driven advisory tools for brokers and agents.

    • GenAI generates risk profiles and predictive models by analyzing vast datasets, such as financial records, historical claims, customer behavior, unstructured social media data, and factors like economic trends and climate conditions. It helps with risk assessment and claims optimization.
    • We automate the underwriting process to reduce manual effort, minimize errors, and accelerate policy issuance. AI-driven models continuously learn from new data, refining risk evaluations.
    • AI offers coverage options for individuals and companies, ensuring policies are relevant and competitively priced.
    • Our AI-powered advisory applications for brokers, agents, and insurance professionals enable them to analyze customer needs, compare policy options, and provide personalized recommendations.
  • Data analytics and
    visualization

    With advanced analytics dashboards, you'll have the option to make informed decisions. We offer a comprehensive list of insurance software development services for the analysis and visualization of insurance data, including:

    • Data extraction, entry, and cleansing;
    • Data administration and management;
    • Visual analytics;
    • Predictive analytics and machine learning.
  • Dedicated insurance
    software developers

    The development of insurance software solutions usually takes months. Our high-quality, dedicated experts can strengthen your technical team. We employ a structured and proven approach to establish a professional, long-term, and dedicated team for our partners. Our project managers fully cover the administrative aspects of dedicated insurance product development, so you can focus solely on the essential workflows.

    • Python dedicated development team;
    • React/React JS dedicated development team;
    • PHP dedicated development team;
    • Ruby on Rails dedicated software development team.

we have extensive experience integrating different insurtech products

list of
insurtech integrations we can implement

make your product functional

  • Joshue
    Joshue
  • Applied Epic
    Applied Epic
  • ivari
    ivari
  • PayPolicy
    PayPolicy
  • Ascend
    Ascend
  • Bestow
    Bestow
  • Cover Wallet
    Cover Wallet
  • Zego
    Zego
  • Boost
    Boost
  • Coterie Insurance
    Coterie Insurance
  • Assurance
    Assurance

    KPI’s you can achieve with our custom software development

    Our digital transformation and custom development solutions help insurance businesses achieve measurable improvements.

    • Claims processing

      We can reduce claims settlement time by up to 50% with AI automation;

    • Fraud detection rate

      Using predictive analytics improves fraud detection accuracy by 30-40%;

    • Customer retention rate

      Your advanced digital product can increase policyholder retention with personalized engagement and digital experiences;

    • Cost reduction

      Our clients cut operational expenses by 20-30% through automated workflows and cloud-based solutions we develop

    5 stages of getting insurance technology services

    our clients can choose the insurance technology service they need, and we offer a structured approach to custom development or the digital transformation workflow.

    • Interview & Discovery Stage

      During our online interview, we gain a deeper understanding of your business needs and technical requirements. Our business analytics identify challenges and areas for digital transformation for your legacy system. If you require custom software development, we also do market research and offer a high-level structure for your custom software product. We also define the scope, budget, and timeline.

    • Solution Design & Prototyping

      Our designers create user-friendly UI/UX prototypes for web and mobile devices.

      We also design scalable & secure software architecture and offer mapping out integration with existing systems.

    • Development & Integration

      You can use our expertise to create personalized insurance products, AI, IoT, data analytics, and cloud services to develop a fully-fledged software product. Our dedicated team works in an agile environment to ensure our software development and quality assurance workflows are flexible and efficient.

    • Deployment & Quality Assurance

      We ensure seamless software deployment into your existing infrastructure and integration with third-party APIs, databases, and insurance platforms. Our experts offer comprehensive support for cloud-based insurance solutions.

    • Ongoing Support & Optimization

      At your request, we provide continuous monitoring and updates to enhance the performance of your insurance software solution. We also offer IT audits, security checks, and compliance updates.

    InsurTech systems from LaSoft

    We have answers for you

    frequently asked questions

    1. What is an InsurTech solution?

      An insurtech solution involves using advanced technologies in the insurance business. LaSoft's team has over 10 years of experience and tech expertise in integrating AI, data analytics, automating business workflows, and cloud computing. Our products enhance insurance resources and provide users with various options, including improved customer expectations, risk assessment, underwriting, and claims processing.

    2. Why is an IT audit necessary before digital transformation?

      An IT audit is necessary before digital transformation because:

      • Identify system inefficiencies, bugs, and security vulnerabilities;
      • Assess data integrity and compliance risks;
      • Evaluate integration potential with new technologies;
      • Ensure smooth migration to any cloud infrastructure.
    3. Which AI solutions can engage clients on my insurtech platform?

      AI solutions can highly increase customer engagement and retention on your insurtech platform:

      • AI chatbots or virtual assistants provide 24/7 customer support and claims management.
      • AI-driven recommendations offer personalized insurance products and policies and more accurate pricing based on customer behavior and risk profiles.
      • Predictive analytics and risk assessment analyze user behavior, trends, and potential risks.
      • AI-powered fraud detection provides secure transactions for insurtech products.
    4. What are RPA bots?

      Robotic Process Automation (RPA) bots automate routine data collection, compliance reporting, and risk assessments, reducing manual effort and errors. AI-powered compliance monitoring ensures real-time alerts and swift responses to potential regulatory issues.

    Want to optimize your
    product or build a new
    solution?

    get in touch with us

    Our experts are
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