12 Top Insurance Software/App Development Companies in 2021
By: Ryan Scott
Tags: Startup, Insurance Companies, Mobile Apps, Mobile App Development, App Development

With COVID-19 virus attack, the healthcare sector and insurance agencies have become the most progressing yet demanding industries in 2020. There is a list of leading insurance companies that have experienced a big slope in their business during this lockdown.

Why?

According to the survey, 45% of insurers have observed the changing customer experience and behaviour which drive triggering investments in new technologies.

85% of insurers say that customer engagement and experience is a top strategic initiative in 2016 and only 29% of insurance customers are satisfied with their current providers.

Only 22% of insurers have launched personalized, real-time digital or mobile services. But if you are thinking launching an app is the only solution to success in the thriving insurance market, then you might be mistaken at this point. A survey has discovered that 75% of customers who attempted to purchase online reported a myriad of problems.

So what is the winning solution for insurance agencies?

The simple solution to stand out in the modern marketplace is to look for the insurance software development company that can help you build an app that enables you to serve customers in a better way.

Since, mobile app development for insurance can eliminate the need for using traditional channels — where agents and brokers directly reach out the targeted customers and manipulate them according to the situation. With the increasing trend of digitization, even business leaders have acknowledged the need for integrating the mobile application technology into insurance services. An insurance software development solution is the perfect solution for you to keep your hold tight in the competitive marketplace.

Now the question is how to find the best software development company to get a perfect solution?

With thousands of mobile app development companies in the world, collaborating with the right one without having any knowledge is like taking a stab in a dark. When getting started with your search, most of the experts will tell you to check out the experience and expertise for the company. But to develop a solution-driven with proven methodologies and latest technologies, you need to hire a leading insurance software development company.

Choosing from the pool of service providers is a complicated task, therefore, we have deeply evaluated each company profile with the most crucial parameters:

Diversification of the company profile

Quality and cost of app development

Expertise and experience of the developers

Knowledge of leading technologies, frameworks and tools

100% money-back guarantee

App idea security agreements- NDAs

Geographical presence

Client review, rating and feedback on B2B platforms

Now you have all the essential parameters on the list, that enables you to deeply evaluate the profile of the software development company that you choose to hire. However, we have already made this done for you and create a list of top insurance software development companies in the world.

1. Xicom Technologies (ISO 9001 Certified Top Insurance Software Development Company in India)

Founded in: 2002

Location: India, UAE, USA

Project Pricing: $25–49/hr

Employee Strength: 300+

Rating: 4.7

Services: Insurance app development, taxi booking app development, Food Delivery app development, Healthcare app development, Native Android/iOS app development, Cross-Platform App development and more.

Xicom Technologies is a globally recognized insurance software development company in India that has set the benchmark in web and mobile app development services with the track record of 7500+ project deliveries to 1500+ clients from over 27 different countries. The pool of 350+ developers, designers and programmers empower them building bespoke solutions compiled with proven methodologies and leading technologies.

Their extensive choice of development services to hire Insurance app developers in the USA, India, and UAE, makes them a renowned platform for all sorts of businesses. To cater to the changing needs of the market, they are steeping towards integrating emerging technologies including IoT, Blockchain, Artificial Intelligence, Machine learning, Cloud computing and more which makes them a hot-pink platform in a global marketplace.

Being an ISO:9001:2008 certified and NASSCOM & STPI accredited company, they are believed to be the most trusted and renowned IT firm since 2002 and always thrive to deliver solutions that accelerate business growth of their clients.

2. BoTree (Best Insurance Software Development Company)

Founded in: 2013

Location: India, USA, Singapore

Project Pricing: $85/hr

Employee Strength: 70+

Rating: 4.8

Services: Web App Development, Machine Learning, Insurance App Development, On-demand taxi booking app, Mobile app development, Product engineering and more.

BoTree is a leading insurance app development company, aimed to enlighten enterprises by building world-class IT solutions for them. This company was started as a team of three friends but staying committed to delivering excellent quality services, following standard communication processes and agile development methodologies, have turned them into a 70+ pool of developers.

Being rooted in web and mobile app development services for more than 8 years, they have served over 50+ clients in the US, Singapore and India, and empowering 500+ companies with robust solutions. Their vision is to bridge a gap between the client’s goal and success, by delivering effective and efficient solutions with 100% project transparency. Above all, they are recognized as the Top web developers by Clutch in 2020 and other leading platforms including Goodfirms, SoftwareWorld, Design Rush.com and more.

By collaborating with BoTree, you can get the best Insurance app development services as they strive to integrate technologies that can transform the digital presence of the business and enable them to achieve profitable results.

3. Rishabh Software (One of the Renewed Insurance Software Companies in India)

Founded in: 2000

Location: India, US, UK

Project Pricing: $79/hr

Employee Strength: 500+

Rating: 4.9

Services: Digital Services, Insurance App Development Solutions, Enterprise Mobility, Quality Assurance, Product engineering and more.

Since its inception in 2000, Rishabh Software has set their foothold in the field of web and mobile app development with a clear vision of empowering businesses with world-class technology solutions. Being backed by the highly skilled and experienced developers, they hold the expertise to understand the changing needs of the market and cater them with technology-driven solutions.

Being an ISO 27001:2005 certified and CMMi Level 3 organization, they hold the trust of global clients and have set the track record of 1000+ project deliveries. Over the years of journey, they have earned the client retention rate of 96% and have marked potential annual growth in business revenue.

4 Agile Tech (Top Insurance Software Development Company in the USA)

Founded in: 2015

Location: US

Project Pricing: $100–110/hr

Employee Strength: 50+

Rating: 4.2

Services: Mobile app development, Website development, Insurance App Development, AI-Big Data Services, Digital Transformation, Testing Services and more.

AgileTech is a progressive offshore/Outsourcing IT development company based in the US with an operating office in Vietnam. Despite being young leaders in the IT domain, they have quickly become a dominant leader in website/ mobile app development, Blockchain services, AI-big data services and more.

With a pool of talented team of developers, they understand the diverse requirements of their clients and ensure business growth solutions that generate better ROI. To meet the needs of their client, they believe in going up and beyond their expectations and stay committed to following transparent working processes to ensure on-time project delivery.

5. Unified Infotech (A Credible Choice of Insurance Software Development Company In India)

Founded in: 2010

Location: US, India

Project Pricing: $99/hr

Employee Strength: 50+

Rating: 4.5

Services: Mobile app development solutions, Native app development, Web app development and design, IT consulting for Enterprises and startups, Insurance app development, Blockchain, ecommerce and more.

At Unified Infotech, their dedicated team of experts believe that all projects have the potential to accelerate the business growth. Therefore, instead of using a single standard approach of app development, their dedicated team of expert research, design, and create digital products and experiences for client-oriented companies.

Leveraging a decade of experience and putting together a bunch of passionate minds to transform your visions into reality imparting excellent digital knowledge to the users. From website design, development, scalable mobile apps to SaaS platforms, they tailor solutions that perfectly syncs your business needs and fuel growth of their clients.

Being into this industry for a decade, they are committed to achieving and pushing the level of performance at all times. Leveraging the power of technology, they deliver full-cycle development solutions to the business of all sorts, operating in various verticals.

6. Iflexion (Among the Top Insurance Software Development Company in UAE)

Founded in: 1999

Location: US, UK

Project Pricing: $85-99/hr

Employee Strength: 250+

Rating: 4.7

Services: Enterprise software development, Web App development, Insurance App Development, Custom App Development Solution, QA and Testing and more.

Since its inception in 1999, Iflexion is in the list of top insurance app development companies that has been backed by highly talented, experienced, creative and passionate developers, having skills to handle projects with any level of complexity. They believe in building a strong relationship with clients; therefore, they follow agile development methodologies and proven strategies to help their clients gaining a competitive edge in the tech race and set the benchmark in the industry.

Over the two decades of experience, they have not just created their existence in more than 30+ countries, but also achieved a 97% client retention rate and empowered 1000+ fortune companies.

7. 7Edge (Known As The Top Custom Insurance Software Development Company in India)

Founded in: 2010

Location: India

Project Pricing: $49/hr

Employee Strength: 200+

Rating: 4.7

Services: Big Data Consulting, UI/UX Consulting, Digital Transformation, Blockchain Consulting, Technology Strategy, UI/UX design and more.

7Edge is a renowned name when you are looking for the insurance software companies in India, striving to create alluring and flexible websites and mobile apps that add great value to their client’s business growth. By utilizing the industry best app development approaches, they create bespoke solutions that help in meeting customer’s changing needs, strengthen their market hold, and enable them to unlock new opportunities.

Being into the industry for a decade, they believe that the internet can be a game-changing phenomenon for your enterprise in today’s global business landscape. Therefore they harness the power of the internet and develop cutting-edge solutions for their clients.

To achieve 100% client satisfaction, they remain committed to impacting brands and businesses by merely embedding their skills and knowledge gained over the years of their journey. By leveraging their years of experience, they build solutions with industry best technologies and development methodologies.

8. OpenXcell (A Popular Choice of Company For Best Insurance Software Development Services)

Founded in: 2010

Location: India

Project Pricing: $99/hr

Employee Strength: 200+

Rating: 4.7

Services: Big Data Consulting, UI/UX Consulting, Digital Transformation, Blockchain Consulting, Technology Strategy, UI/UX design and more.

OpenXcell is a renowned software development company known for customizing insurance software development solutions with new technologies and methodologies to the client’s success. They believe in building a long-term relationship with their clients; therefore, they above and beyond their expectations and develop an application that perfectly syncs to their business needs.

Being focused to develop futuristic web and mobile applications for businesses ranging from startups to enterprises, they quickly adapt the latest technologies and designs that can transform the face of the business. With the team of the best app designers, coders and programmers, they hold the expertise to handle projects with any level of complexity and length.

To keep their clients standing first in the competition, they always put their focus on incorporating the leading technologies including IoT, Blockchain, Business Intelligence, API development, Programming and more.

9. Kellton Tech ( ISO 9001:2015 Certified Insurance Software Development Company)

Founded in: 2009

Location: Asia, North America, Europe

Project Pricing: $99/hr

Employee Strength: 999+

Rating: 4.8

Services: Agile software development, AI & ML, Blockchain, Data Science & Analytics, Enterprise Mobility, Digital Integration and more.

Kellton Tech is a certified and authorised insurance software development company that has set the benchmark in the industry with a track record of empowering 500+ fortune companies. From startups to leading brands, they have a history of developing bespoke solutions for all sorts of business and overcoming real-world challengings.

Being rooted in web and mobile app development services for a decade, they have built lasting relationships by delivering cutting-edge innovative solutions. Instead of just fitting the right technology to the project, they strive to fix a problem with a dedicated solution. No matter whatever technology it takes, they have an ever-expanding workforce that continues to inspire them to transform and create solutions that revamp the digital space of their clients.

10. Fortifier (Known To Be Best Insurance Software Development Company in the USA)

Founded in: 2013

Location: USA

Project Pricing: $80/hr

Employee Strength: 100+

Rating: 4.5

Services: Insurance Software development, Engineering Services, Technology Consulting, UX/UI design, custom app development, Mobile app development and more.

Fortifier is a leading Insurance software development company based in Ukraine, established in 2013, to develop a variety of custom IT solutions development projects. They are a team of 125+ highly skilled developers and programmers that emphasize optimizing the insurance processes, reducing cost and control risks, and meanwhile enhancing the efficiency of your insurance business.

Being committed to following agile development methodologies and standard communication processes, they ensure 100% project transparency and always thrive to achieve client satisfaction. No matter how complex your development needs are, they can easily handle it with proficiency. They have a team well-versed with leading technologies including cloud computing, AI, and Machine Learning and more, that empowers them to meet realities of the market.

11. Terasol Technologies (Recognized as Top Custom Insurance Software Development Company)

Founded in: 2014

Location: USA, Nigeria, Namibia, UAE

Project Pricing: $99/hr

Employee Strength: 50+

Rating: 4.4

Services: Mobile App Development solutions, Insurance app development services, UX/UI design, Enterprise Software Development, App Quality Assurance and more.

Terasol technologies is a well-known insurance app development company that has been engaged in developing eye-catching and innovative solutions for all sorts of businesses. They are a small team of programmers, but each expert is well-versed with the leading technologies and industry experience. Leveraging their skills and expertise, they can easily conquer the challenge of creating a user-centric application.

Despite being a progressive startup, they have established a strong foothold in the domain of software development and empowered 100+ clients from different corners of the world. They believe that every single project is essential; therefore, they go above and beyond the expectations of their clients and aim to achieve 100% client satisfaction.

12. VelveTech (Recognized Insurance Software Development Company In US)

Founded in: 2008

Location: US

Project Pricing: $120/hr

Employee Strength: 500+

Rating: 4.9

Services: Enterprise software development, .Net Development, IoT development service, Insurance app development, and more.

Founded in 2008, the company aims at offering app development services to complex tasks by availability of the best technologies including Blockchain, IoT, Big Data, AI and ML and more. Since they understand the sensitivity of app data, therefore they create a secure yet fully encrypted application paired with the best technologies.

Further, being known as a trusted insurance software company, they make sure to provide services in insurance software development solutions effective in operational cost and enables you to meet the growing needs of the market.

Conclusion

You may find the plethora of insurance software development companies on the internet, but all are not the same. Therefore, by following a few crucial parameters, we have created a list of top insurance software development companies that help you stand out in the market. No matter which company you choose to collaborate with, each one has set a strong benchmark in the market and equipped with a team of developers that can quickly help you meet your requirements.

So if you need a little help taking your project to the next level, then be sure to partner with the best choice of insurance software development company that can easily understand your needs.