INDUSTRIES

Insurance

We develop brand-new insurance applications that meet the expectations of your customers. In-built analytics modules predict consumer’s needs, improve UX, find new sales pipeline. We improve customer interactions, streamline key insurance operations, and simplify finance processes by connecting digital processes for all lines of business and integrating horizontal and insurance-specific solutions

Our Insurance Services

We improve customer interactions, streamline key insurance operations, and simplify finance processes by connecting digital processes for all lines of business and integrating horizontal and insurance-specific solutions

Mobile Insurance
Apps Development

We develop a great variety of mobile applications and systems including CRM, MIS, ERP, payroll applications, benefits and insurance management applications, etc. Our team offers software for both horizontal and vertical solutions

Insurance Custom Software Development

Gotech develops custom insurance software solutions, including automated quote-to-issuance Policy Management Systems (PMS), agency-wide administration, and dynamic insurance rate algorithms, with customizations for life, health, vehicle, property, and liability insurance

Testing &
Integration

Our test and QA engineers execute various types of manual and automated tests to get a product that is free of bugs. We coordinate an integration process to ensure that the subsystems function together as a system properly

Our Solution

Insurance business requires clear and reliable solutions to meet the need of customers and comply with modern privacy regulations. We use the latest techniques to ensure safe and foolproof data processing

Risk Management

  • Our test and QA engineers execute various types of manual and automated tests to get a product that is free of bugs. We coordinate an integration process to ensure that the subsystems function together as a system properly
Key Features:
 
  • Potential loss evaluation
  • Risks and opportunities identification
  • Planning, strategy, and internal control
  • Data breaches risks management
  • User access security

Claims Management

  • We develop complete claims and incidents management solutions offering capabilities to align assets and losses, produce reports, improve data gathering, keep all the documentation in a centralized place
Key Features:
 
  • Claims management workflow
  • Payments management
  • Multiple claimants and loss types on a single claim
  • Multiple examiners assigned to a claim
  • Point-in-time policy coverage verification
  • Full integration with Policy Administration
  • Automatic generation of claims documents
  • Claims authority limits

Policy Management

  • Our analysts provide a comprehensive insight into the customer’s business to deliver a robust system for insurance-related issues management
Key Features:
 
  • Automated quote and policy life cycles
  • Configurable hierarchical policy structure
  • Bulk import feature for large policies
  • Full transaction versioning
  • Out-of-sequence transactions
  • Automated and manual renewal features
  • Two-tiered transaction locking

Document Management

  • Our developers produce effective document handling solutions for separate modules and across the system
Key Features:
 
  • Key performance analysis
  • Regulatory reports
  • Financial reports
  • Broker analysis
  • Customized reports
  • Summarized and detailed reports
  • Multiple file formats
  • Archiving of reports in the integrated document management module

Contacts Management

  • We develop systems to track customer and vendor contact information (address information, main and additional contact information, quotes, orders)
Key Features:
 
  • Claims management workflow
  • Payments management
  • Multiple claimants and loss types on a single claim
  • Multiple examiners assigned to a claim
  • Point-in-time policy coverage verification
  • Full integration with Policy Administration
  • Automatic generation of claims documents
  • Claims authority limits

Insurance Rating

  • We build apps to measure the risks that an insurance company has when it provides insurance for someone or something that affects how much someone must pay for insurance
Key Features:
 
  • Attachment points for associating rating rules, documents
  • Insurance risks management
  • Document configuration tools to produce and manage declaration pages, forms, letters, invoices, etc.
  •  Integrated ETL tool to facilitate data exchange with 3rd party systems and services

Task Management

  • Our developers produce effective document handling solutions for separate modules and across the system
Key Features:
 
  • Time tracking
  • Interactive chatting
  • Task-based chatting
  • Project reporting
  • Dashboards
  • Billing functionalities

Products Management

  • We develop systems to track customer and vendor contact information (address information, main and additional contact information, quotes, orders)
Key Features:
 
  • Complete definition of all products
  • Ability to create and render product definition graphically
  • Ability to maintain a repository to all product definitions
  • Configuration management
  • Ability to export product definition to other systems

Carriers Management

  • We build apps to measure the risks that an insurance company has when it provides insurance for someone or something that affects how much someone must pay for insurance
Key Features:
 
  • Benefits administration
  • Policy administration
  • Property and casualty insurance
  • Incidents and claims management
  • Quote-to-claim policy lifecycle support
  • Workflow management

Our Key Benefits

Assisting insurance providers in creating optimal customer experiences and increasing efficiency through simplified processes, optimized back-end systems and instant access to enterprise data

Security and Compliance

We are focused on providing our customers with the highest data and information security standards for finance and insurance processes within their organizations

Experience in Microservices

Our developers have a long experience in building software solutions and microservices for the insurance carriers, insurance agencies, and affiliate partners

Experience in Data Science

Our data science team uses the latest techniques of data analytics for insurance and fintech apps development to ensure the simplicity of or insurance risk management, claims management, and increased customer satisfaction

Industry Standards Compliance

We comply with insurance industry standards and regulations through our rich experience in this domain. We discuss all the peculiarities of your organizational processes and regulatory requirements meet your needs and wants