Understand Your Insurance Software Cost & Build a Future-Ready Platform
Stop patching legacy systems. Start building intelligent, automated insurance platforms that
reduce operational costs and accelerate growth.
We translate your complex policy, claims, and underwriting needs into scalable, secure, and
AI-enabled software solutions.
Why Partner With CIS for Your Insurtech Platform?
We're not just developers; we are your strategic partners in digital transformation. We mitigate risk and deliver certainty in a complex industry.
Ironclad Security & Compliance
As a SOC 2 and ISO 27001 certified partner, we build platforms that meet the highest standards of data security and regulatory compliance. Your policyholder data is always protected.
AI-Enabled from Day One
Our teams are not just learning AI; they are AI-native. We embed intelligent automation, predictive analytics, and machine learning into your workflows to drive efficiency and uncover new insights.
Guaranteed IP Ownership
You own 100% of the intellectual property. We provide full source code and IP rights transfer upon project completion, ensuring your investment is fully yours.
Accelerated Time-to-Market
Leverage our pre-built frameworks and AI-enabled development PODs to launch new products and features twice as fast as traditional development, giving you a critical edge over the competition.
Vetted, In-House Experts
We never use freelancers. Your project is handled exclusively by our full-time, vetted team of insurance domain experts, architects, and engineers, ensuring quality and consistency.
Risk-Free Engagement
Start with a 2-week paid trial to experience our capabilities firsthand. We also offer a free-replacement guarantee for any team member, ensuring your project always has the right talent.
Seamless System Integration
Our expertise lies in creating a unified ecosystem. We build robust APIs to connect your new platform with legacy systems, third-party data sources, and partner networks flawlessly.
Mature, Proven Processes
With a CMMI Level 5 appraisal, our delivery process is in the top tier globally for quality and predictability. We've successfully delivered over 3,000 projects since 2003.
End-to-End Partnership
From initial strategy and cost analysis to development, deployment, and 24/7 support, we provide a complete partnership model to ensure your platform's long-term success.
Our AI-Enabled Insurance Software Development Services
We build and modernize every component of the insurance value chain, transforming core operations from manual processes into intelligent, automated workflows.
Policy Administration Systems (PAS)
Develop a modern, flexible PAS to manage the entire policy lifecycle, from quoting and binding to endorsements and renewals, with automated rules and workflows.
- Reduce policy issuance time by up to 70%.
- Launch new insurance products in weeks, not months.
- Ensure rating and rule consistency across all channels.
Claims Management & Automation
Build an intelligent claims processing platform that automates intake (FNOL), adjudication, and settlement for faster, more accurate, and fraud-resistant operations.
- Automate up to 80% of low-touch claims processing.
- Improve customer satisfaction with rapid settlement times.
- Integrate AI for damage estimation and fraud detection.
Automated Underwriting Platforms
Create a data-driven underwriting workbench that ingests third-party data, applies complex rules, and uses AI to provide instant, consistent risk assessment.
- Increase underwriter productivity by over 50%.
- Improve loss ratios through more accurate risk selection.
- Provide straight-through processing for standard risks.
Billing & Collections Systems
Modernize your billing infrastructure with flexible payment options, automated invoicing, and streamlined reconciliation processes to improve cash flow and customer experience.
- Support for recurring payments, EFT, and digital wallets.
- Reduce administrative overhead with automated workflows.
- Provide customers with a clear, self-service billing portal.
Legacy System Modernization
Strategically migrate your outdated mainframe or client-server systems to a modern, cloud-native microservices architecture without disrupting business operations.
- Drastically reduce high maintenance and licensing costs.
- Improve system scalability, reliability, and security.
- Unlock siloed data for use in modern analytics and AI.
API & Third-Party Integration
Design and build a robust API gateway to securely connect your core systems with insurtech partners, data providers, and new digital distribution channels.
- Enable an ecosystem of innovation around your core platform.
- Ensure seamless data flow between internal and external systems.
- Create new revenue streams through API-as-a-Product offerings.
AI-Powered Fraud Detection
Implement machine learning models that analyze claims data in real-time to flag suspicious patterns, reducing fraudulent payouts and investigation costs.
- Identify complex fraud rings missed by rule-based systems.
- Reduce false positives, allowing adjusters to focus on real cases.
- Continuously learn and adapt to new fraud tactics.
Predictive Analytics for Risk & Pricing
Leverage advanced analytics and telematics data to build more accurate pricing models, predict customer churn, and identify profitable market segments.
- Move from historical-based pricing to predictive modeling.
- Improve customer retention with proactive outreach.
- Optimize your product portfolio for maximum profitability.
Insurance Data Warehousing & BI
Consolidate data from disparate systems into a central data warehouse, providing a single source of truth for reporting and business intelligence dashboards.
- Gain a 360-degree view of your customers and operations.
- Enable self-service analytics for business users.
- Ensure data quality and governance for regulatory reporting.
Intelligent Document Processing (IDP)
Use AI to automatically extract and validate data from unstructured documents like ACORD forms, medical records, and loss reports, eliminating manual data entry.
- Achieve over 95% accuracy in data extraction.
- Reduce document processing time from hours to seconds.
- Integrate extracted data directly into your core workflows.
Agent & Broker Portals
Empower your distribution channels with a modern, intuitive portal for quoting, policy management, commission tracking, and real-time access to information.
- Become the carrier of choice for top agents and brokers.
- Reduce calls to your service center with self-service tools.
- Provide agents with analytics to grow their book of business.
Policyholder Self-Service Portals & Apps
Deliver a seamless, omnichannel customer experience with a secure portal and mobile app for viewing policies, making payments, and filing claims (e-FNOL).
- Increase customer satisfaction and retention rates.
- Lower operational costs through digital self-service.
- Offer personalized recommendations and value-added services.
Reinsurance Management Solutions
Develop specialized software to manage complex reinsurance treaties, automate bordereau reporting, and streamline the calculation of premiums and claims cessions.
- Improve accuracy and timeliness of regulatory reporting.
- Reduce administrative overhead in managing reinsurance partners.
- Gain clearer insights into your ceded risk exposure.
Regulatory & Compliance Automation
Build automated solutions to manage state-specific regulations, generate compliance reports, and ensure your workflows adhere to industry mandates.
- Reduce the risk of costly fines and penalties.
- Automate the generation of statutory reports.
- Easily adapt to changing regulatory landscapes.
DevSecOps for Insurtech
Integrate security into every stage of your development lifecycle, ensuring your platform is built to be resilient, secure, and compliant from the ground up.
- Automate security testing and vulnerability scanning.
- Ensure continuous compliance in a cloud environment.
- Deploy updates faster and more securely.
Proven Outcomes in Insurance Transformation
We don't just build software; we deliver measurable business results. See how we've helped companies like yours overcome their biggest challenges.
Core System Modernization for a National P&C Carrier
Industry: Property & Casualty Insurance
A leading national P&C carrier was constrained by a 20-year-old legacy mainframe system. It was costly to maintain, difficult to update, and prevented them from launching new products or integrating with modern digital partners. They needed a full-scale migration to a cloud-native, microservices-based architecture without disrupting their daily operations.
"CIS didn't just replace our old system; they transformed our business. Their phased approach minimized risk, and their team felt like a true extension of ours. We're now more agile than we've ever been."
- Michael Harper, CTO, National P&C CarrierAI-Powered Claims Automation for a Regional Insurer
Industry: Regional Auto & Home Insurance
A mid-market insurer was struggling with long claims cycle times and high processing costs due to manual data entry and review. Customer satisfaction was declining. They needed an AI-powered solution to automate the First Notice of Loss (FNOL) and route, triage, and adjudicate low-complexity claims automatically.
"The AI claims platform has been a game-changer. Our adjusters can now focus on complex cases where they add the most value, and our customers are getting paid faster. The ROI was clear within the first six months."
- Jenna Raynor, VP of Claims, Regional Mutual InsuranceMVP Launch for a Usage-Based Insurance (UBI) Startup
Industry: Insurtech / Telematics
An innovative insurtech startup needed to rapidly build and launch a Minimum Viable Product (MVP) for their new usage-based auto insurance app. They had the concept and funding but lacked the in-house development team to build a scalable, secure mobile app and the backend to process telematics data and calculate risk scores in real-time.
"CIS was the perfect partner to get us to market. Their AI-Enabled POD model gave us the speed and expertise we needed without the overhead of hiring a full team. We launched our MVP on time and on budget, which was critical for our next funding round."
- Alex Royce, Founder & CEO, DriveSafe InsurtechOur Collaborative Delivery Process
We follow a transparent, agile process that ensures alignment, minimizes risk, and delivers value at every stage of development.
Discovery & Strategy
We start by deeply understanding your business goals, technical challenges, and user needs to define a clear project roadmap and cost estimate.
UI/UX Design & Prototyping
Our design experts create intuitive, user-centric interfaces and interactive prototypes, allowing you to visualize the final product before development begins.
Agile Development Sprints
We build your software in two-week sprints, providing regular demos and incorporating your feedback to ensure the project stays on track and meets your expectations.
Rigorous Quality Assurance
Our dedicated QA team performs comprehensive testing—including functional, performance, and security testing—to deliver a robust and reliable platform.
Deployment & Integration
We manage the entire deployment process to your cloud environment and ensure seamless integration with your existing systems for a smooth launch.
Ongoing Support & Evolution
Our partnership doesn't end at launch. We provide ongoing maintenance, 24/7 support, and continuous improvement to evolve your platform as your business grows.
Our Technology Stack & Expertise
We leverage a modern, enterprise-grade technology stack to build scalable, secure, and high-performance insurtech platforms.
What Our Clients Say
Our 95% client retention rate is built on trust, transparency, and consistently delivering results that matter.
"The custom PAS they built for us is the backbone of our operations. It's scalable, reliable, and has allowed us to enter new markets faster than we thought possible. Their domain knowledge in Life & Annuity was impressive."
"We engaged CIS to build an AI model for subrogation detection. The results were outstanding, identifying millions in potential recoveries. They are true experts in applying AI to real-world insurance problems."
"As an MGA, we need to be nimble. CIS built our agent portal and integrated it with multiple carrier systems in record time. Their API integration skills are top-notch, and our broker partners love the new platform."
Frequently Asked Questions
Clear answers to common questions about building custom insurance software.
The cost varies significantly based on complexity. A Minimum Viable Product (MVP) for a specific function like claims intake might start around $50,000 - $80,000. A comprehensive, end-to-end core system for policy, billing, and claims can range from $250,000 to over $2 million, depending on the number of integrations, AI features, and user roles.
An MVP can be developed in 3-5 months. A full-scale platform is an iterative process, often taking 9-18 months for the initial core rollout. We prioritize launching functional modules early to provide value quickly, following an agile development methodology.
Absolutely. Integration is one of our core strengths. We build robust API layers to connect with legacy mainframes, existing core systems (like Guidewire or Duck Creek), and essential third-party services for data enrichment, payment processing, and regulatory compliance.
Security is paramount. We are SOC 2 and ISO 27001 certified. Our development process includes security by design, threat modeling, regular penetration testing, and adherence to data privacy regulations like GDPR and CCPA. All development is done by our 100% in-house, vetted team.
Clients typically see a 30-50% reduction in manual processing time, leading to significant operational cost savings. Other benefits include a 15-25% improvement in decision accuracy, faster claims settlement times (improving customer satisfaction), and enhanced fraud detection capabilities, which directly impacts the bottom line.
Yes. Upon final payment, we transfer 100% of the intellectual property rights to you. You own the source code and all associated assets. We operate on a white-label basis, ensuring the solution is entirely yours.
Ready to Define Your Insurtech Future?
Let's move beyond hypotheticals. Schedule a free, no-obligation consultation with our insurance technology experts. We'll help you scope your project, identify key cost drivers, and provide a preliminary estimate to inform your budget.
Talk to an Expert Today