ScienceSoft Global
Our Mission
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Delivering Accurate, High-Value Insurance IT Solutions No Matter What
ScienceSoft delivers insurance IT solutions that outperform competitors in logic accuracy, no matter the challenges posed by evolving customer expectations, changing regulations, or legacy system constraints. We do not settle for merely delivering a working solution on time and within budget. Thanks to our mature project and quality management practices, we ensure our clients receive high-quality software that drives measurable improvements in customer and employee experiences. Our mission is supported by the ethical conduct we maintain in relation to our clients, business partners, and within the company. |
Strategic Org Units Securing Insurance Software Project Success
Project Management Office (PMO)
On a mission to implement mature project and quality management.
Our in-house PMO and certified project managers mitigate risks like bloated budgets and timelines, evolving user expectations, and regulatory changes. We don’t stop at timely delivery — we aim for tangible benefits for our client’s business. For insurance clients who trust ScienceSoft with multiple initiatives running in parallel, we have delivery managers who oversee the entire project ecosystem and ensure quality and value targets are met.
Architecture and Solutions Center of Excellence (CoE)
On a mission to deliver robust insurance software architectures.
Architecture and Solutions CoE ensures that each insurance solution ScienceSoft delivers — be it a consumer app, a back-office automation system, or a one-of-a-kind service platform powered by innovative technology — is scalable, secure, and accurate by design. Our principal architects create cost-effective architectures that guarantee insurance software interoperability with in-house, partner, and customer systems, including legacy ones.
Technology and Competency Center of Excellence (CoE)
On a mission to train teams in BFSI concepts and project-specific techs.
Technology and Competency CoE ensures that talent equipped to engineer domain-specific logic is available for the project from day one. Our experts are trained in niche BFSI fields (portfolio valuation, underwriting, claims, etc.), sectoral regulations (e.g., SEC for investment, NAIC for insurance), and value-driving techs (AI/ML, big data, blockchain). If a client’s priorities change, the CoE responds by developing and injecting new skills.
Turning Obstacles Into Wins: Our Featured Projects for Insurance
Challenging projects test our expertise, but they also define our ability to deliver successful insurance solutions. Here are a few cases we are particularly proud of:
Retaining the Accuracy of Underwriting Software Logic During a Major Revamp
Challenge
A global insurance carrier commissioned ScienceSoft to upgrade its 20-year-old underwriting software for aviation insurance. The system had intricate logic and scarce documentation, which complicated its revamp. The carrier wanted to streamline system maintenance and enhance the underwriter experience while avoiding any errors.
Our solution
Rescuing Insurance Software Revamp From Prior Vendor Missteps
Challenge
A property insurance brokerage reached out to the original developer of its custom insurance system for urgent software bug fixing and revamp. The software had incomplete documentation, and the development company neglected communication with the client, which hampered the project pace. Plus, changes were deployed and tested directly in the production environment, so the unfixed defects immediately disrupted operational flows.
Our solution
At ScienceSoft, we take pride in our “Can do” culture, believing that exceptional results are achievable even in the most challenging conditions. Complexity doesn’t intimidate us — it inspires us to innovate and improve. By combining tech expertise with strategic, result-oriented project management, we help our clients succeed where others see only obstacles.
Nick Kurayev, CEO at ScienceSoft
ScienceSoft’s Practices to Lead Insurance Software Projects to Success
Curious how we rise to the challenge in intricate insurance software endeavors? Click on the cards below to explore the project management and development practices we apply to drive tangible results for our insurance clients.
What Our Insurance Clients Appreciate About ScienceSoft's Approach
What stood out was ScienceSoft's proactive suggestions for cost-saving architecture design and tech stack solutions. Their input ensured we stayed within budget without compromising on software quality.
Damien Sewell
Head of IT Projects
ScienceSoft’s quick buy-in and readiness to take the initiative made the project faster and less stressful for everyone involved, from Capital IM’s insurance specialists to leadership. At the end of a short yet highly productive two months, we got a secure and wholly owned property insurance solution that is fully adapted to Capital IM’s corporate practices and brand book. We couldn’t have asked for a better IT partner.
Partnering with ScienceSoft for our software maintenance and evolution initiative has been an excellent experience. Over the past 18 months, their team has transformed our underwriting platform into a well-oiled machine.
