ScienceSoft Global
ScienceSoft Finance
- Digital transformation consulting for insurance carriers
- Software consulting
- Technology consulting: AI/ML, big data, blockchain
- IT infrastructure consulting, including cloud consulting
- QA consulting
- Project management consulting for carriers’ internal software initiatives
- Insurance software product consulting, including SaaS consulting
IT Services and Solutions for Insurance Carriers
In insurance IT since 2012, ScienceSoft provides full-cycle technology consulting, software engineering, and support services to insurance carriers. Our custom solutions streamline underwriting and claims operations, improve insurance risk management, strengthen data security, and simplify regulatory compliance while ensuring predictable ROI.
Custom Software Solutions for Insurance Carriers
Below are some of the insurance carrier solutions we deliver. Depending on your needs, we can engineer a standalone module for a particular field or build a multi-functional system that transforms the entire business process.
Core insurance carrier solutions
Insurance billing solutions
Insurance product management systems
Reinsurance management platforms
Insurance document and correspondence management tools
Insurance CRM
Insurance marketplaces
Compliance management tools
Value-adding components and tools
AI assistants for insurance customers and employees
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
IT Services for Insurance Carriers
Technology and business consulting
Software engineering
- Full-cycle engineering of insurance software
- Architecture design for core insurance solutions and enterprise software
- LLM and GenAI implementation for insurance
- Proof-of-concept and MVP delivery
- Software integration, including API development
- Testing and QA for insurance solutions under development
- UX and UI design for insurance apps
- DevOps services for ongoing development projects
- Team augmentation (with software engineers, architects, testers, consultants, PMs, etc.)
Software modernization
- Legacy software modernization
- Legacy software integration with modern apps
- Cloud migration services
- Software rearchitecting (e.g., monolith strangling to microservices)
- Code review and refactoring
- Tech stack modernization
- Software evolution with new features
Enterprise data management and analytics
- Data analytics consulting for insurance carriers
- Data integration: implementing ETL/ELT pipelines, enterprise data warehouses, and data lakes
- Big data implementation
- Business intelligence (BI) services
- Data visualization
- Master data management (MDM) and data governance
- Data quality assurance
Managed IT services
Security and compliance services
- Cybersecurity consulting
- IT security audit
- Security testing
- Application security and network protection: implementing SIEM, IAM, UEBA, firewalls, and more
- Compliance consulting: NAIC, NICB, HIPAA, GLBA, NYDFS, GDPR, SOC 1/2, IA compliance, and more
- Compliance assessments
- Managed security services
Our Clients Say
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. The value we derived from partnering with ScienceSoft is definitely worth the investment.
Partnering with ScienceSoft has been an excellent experience. They identified and fixed several longstanding issues that had been causing persistent difficulties. Their communication was exemplary; we never had to chase them for updates, and they were always prompt in responding to our queries.
Damien Sewell
Head of IT Projects
Engaging ScienceSoft this way saved us a lot of precious time and resources. Their 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. We couldn’t have asked for a better IT partner.
