Our Geography
Headquartered in the US and operating internationally, our team drives digital transformation for businesses globally. We ensure on-site presence to deliver services to our major target markets in:
North America
Office locations: USA, Mexico
Number of clients: 540+
Europe and the UK
Office locations: Finland, Latvia, Lithuania, Poland
Number of clients: 360+
The Gulf
Office locations: KSA, UAE
Number of clients: 50+
Vilnius, Lithuania
Warsaw, Poland
Riyadh, Kingdom of Saudi Arabia
Fujairah, United Arab Emirates
ScienceSoft's Path to Insurance IT Proficiency
What Our Clients Say
Project Management Practices to Lead BFSI Initiatives to Success
However complex and specific your goals are, our mission is to drive your financial IT project to fulfill them. We bring our field-tested project management practices to effectively address time and budget limitations and changing requirements. Our mission is upheld by the ethical conduct we maintain in our relationships with clients, business partners, and within the company.
Accurate planning
- Mapping project scope based on client requirements and sectoral compliance demands.
- Planning an optimal team composition and selecting best-fitting resources for the required roles.
- Estimating cost and time using the techniques that offer maximal accuracy at the given project stage.
- Defining potential risks, including BFSI-specific technology and legal risks, and planning pragmatic ways to tackle them.
Collaborative controls
- Setting tailored KPIs to control development progress, risks, and financial solution quality.
- Applying individually paced communication forms to promote effective interactions among team members and with our client.
- Consistently documenting project decisions and steadily sharing knowledge with client stakeholders.
- Providing regular project reports and giving the client access to our project tracking tools for real-time progress control.
Agilely adapting to changes
- Assessing change eligibility and feasibility before implementation to prevent scope creep and ensure the intended value.
- Scaling the team to speed up development when needed.
- Monitoring contingency budget utilization and optimizing workflows to avoid risk-associated overspending.
- Proactively suggesting cost optimization opportunities throughout the project and establishing short feedback loops to quickly get client approval.
Highlights of Our Expertise
- Since 2012 in full-cycle IT services for the insurance industry.
- Since 1989 in data analytics and AI to deliver intelligent automation and analytics solutions for insurance.
- Since 2003 in cybersecurity to guarantee full protection of insurance data and IT solutions.
- Insurance IT consultants and project managers with experience in large-scale projects for Fortune 500 companies.
- Compliance experts with 5–20 years of experience to guarantee insurance software compliance with NAIC, SOX, CCPA, NYDFS, GDPR, IA, and more.
- Principal architects with hands-on experience in designing complex insurance solutions and driving secure implementation of advanced technologies.
- 350+ software engineers, 50% of whom are seniors or leads.
Our awards, certifications, and partnerships
Solutions We Develop and Support
Core insurance solutions
Insurance billing solutions
Insurance CRM
Insurance agency management software
Embedded insurance tools
Virtual assistants for insurance
Specialized solutions for diverse insurance lines
Traditional insurance models
- Life insurance software
- Health insurance software
- Property & casualty insurance software
- Auto and motor insurance software
- Homeowners insurance software
- Flood insurance software
- Business & specialty insurance software
Alternative insurance models
- Parametric insurance software
- Microinsurance software
- Short-term insurance software
- Usage-based insurance software
- Behavior-based insurance software
- Peer-to-peer (P2P) insurance software
- Crypto insurance software
Reliable Techs & Tools We Use in Insurance IT Projects
Low-code development
AI
Machine learning platforms and services
Machine learning frameworks and libraries
DevOps
Containerization
Automation
CI/CD tools
Monitoring
Blockchain
Smart contract programming languages
Frameworks and networks
Cloud services