In the present Insurtech age, data is getting generated at high speed. Technology adoption is also fueling this movement. Analytical approaches such as Artificial Intelligence and Predictive Modeling are creating new ways for finer analysis of information and for deriving predictive insights. This creates an immense possibility for underwriters to transform not only the methods they use to scrutinize risks but also to widen possibilities that can act as a trigger towards good growth. Mature insurance businesses are already using insurtech software to clear the age-old document-based underwriting, utilizing disparate sources of information, and are fastly adopting an agile, information-driven, and consistent underwriting method.
Insurtech allows organizations to rely on adequate risk evaluation processes. Additionally, the innovation in insurtech creates an opportunity to ensure businesses that in the past had lacked effective and proper valuation models and allow companies to boost their existing offerings. Creative, homogenous, and structured risk valuation approaches have uniquely reduced risk exposure and uncertainty surrounding insurance companies. An insurance technology solution to risk analysis can benefit companies by simplifying external and internal audit processes.
New-age Distribution and Customer Service have something typical. Both have experienced two decades of immense change. Both are today confronting the difficulty of making customers happy in the world of excess information. Growth hacking for InsurTech may be the path back into the user’s mind. New technologies, analytics and personalized communications enable new digital standards. Insurers can distinguish themselves by changing distribution methods and offerings. Getting started is more useful than waiting. The objective is to return the company to fast growth, particularly as knock-on impacts become evident.
Custom insurance technology solutions are a harbinger of growth.Especially, custom solutions help in closer association with customers, better management of business operations, and the systemization of processes. That being said, the anomalies require restructuring and standard systems need to be upgraded. Hence the role of insurtech becomes pivotal.
Cloud Computing can help you to create better availability and accessibility for your platform.
Our Cloud offering helps you set the development pipeline, availability, and backup of the system.
Data Science helps you to analyze real-time data and process information to create a better and faster ecosystem. Using Data science we offer to build you data dashboards, scraping algorithms, and automation scripts.
To deliver better Insurance IT Services, we work with CIOs to optimize and analyze the entire application portfolios to outline strategic goals, lessen technical debt, improve architectures, and support cloud economics to generate business value.
Data Modernization and Application rearchitecture process resolve bottlenecks to take advantage of newer techniques in ML, AI, DevOps etc. Mindbowser has been helping Insurance companies to upgrade their tech stack and move them to the cloud.
Automated workflow ensures that insurance service providers can digitize paper-based work processes, improve records management systems, and data collection methods with greater security. Mindbowser uses process automation tools and AI to help you get the best out of your automation initiatives.
Mobile apps enable insurance companies to create more opportunities for engagement with push updates, reminders, data-driven solutions, and even data collection.
As a leading insurance technology company, we help you build mobile apps that streamline your customer touchpoints.
At Mindbowser, our team follows a logical project development cycle that entails requirement gathering, business analysis, and best practices to ensure effective and best results. Our team will help you identify challenges proactively and offer you the best recommendations for your idea. Here is our process from idea to development
The company is an insurance benefits startup that aims to transform American health care by introducing on-demand healthcare, price transparency, and a revolutionary billing system into a redesigned health insurance plan that protects consumers’ health and makes healthcare costs affordable. Mindbowser helped the company integrate the ACH payment system and set up a cloud practice to enhance payments and availability.
The insurance tech architects at Mindbowser always use the latest technologies to cater to your IT needs. Our specialists, developers, and solution experts deliver flexible and scalable technology solutions that are the best-in-industry.
10+ Years of history working on insurtech products
Experience with 3rd party integrations specific to insurance
All specialist from design, development, and domain under one roof
Recognized partner of Automation Anywhere, a leader in RPA
Experience with Enterprise technologies like SharePoint, Salesforce, AWS
Insurance companies drop flat between good ideas and groundbreaking user experience. The essential path to hitting the contest is to build digital solutions. Insurance software and application development services allow businesses to solve this issue.
Insurtech software is more than just an opportunity to stay competitive. It is now required to gain and keep an advantage in the market. Insurtech software solutions are also favorably valuable as they aid you in empowering your processes and people to meet customer requests consistently. Whether you are the insurance company, brokerage, or deliverer, the correct solutions can increase efficiency, security, and profitability. We create custom insurtech solutions to allow easier and more efficient claims management and quicker compensation while improving productivity, lowering processing time, and creating the user experience better.
Insurtech has influenced nearly every element of the insurance industry , including claims, policies, risks, services and products. Insurtech is the competitive advantage for business today and sparks new possibilities for the players. With our insurtech software development solution, small businesses can offer solutions in line with larger organizations. Insurtech software has been profitable in evaluating costs, risks, asset management, and claims processing effectively for insurance experts.
Insurtech software is the growth of new functions that are changing the insurance industry, lowering costs for customers and insurance businesses, improving efficiency, and improving customer fulfillment. An insurance platform aids in purchasing all kinds of insurance. Consumers can now research, compare policies, and buy online whenever they need without physically visiting a local agent.
Technology-driven solutions are becoming more prominent with time. Advancements in technology create a level playing field for policyholders and the ecosystem. Insurtech creates new avenues for growth by improving user experience, simplifying company processes, creating new solutions, and advancing reach and capabilities.
Mindbowser helped us build an awesome iOS app to bring balance to people’s lives.
We had very close go live timeline and MindBowser team got us live a month before.
They were a very responsive team! Extremely easy to communicate and work with!
We’ve had very little-to-no hiccups at all—it’s been a really pleasurable experience.
Mindbowser is one of the reasons that our app is successful. These guys have been a great team.
Mindbowser was very helpful with explaining the development process and started quickly on the project.
The greatest benefit we got from Mindbowser is the expertise. Their team has developed apps in all different industries with all types of social proofs.
Mindbowser is professional, efficient and thorough.
Very committed, they create beautiful apps and are very benevolent. They have brilliant Ideas.
MindBowser was great; they listened to us a lot and helped us hone in on the actual idea of the app.” “They had put together fantastic wireframes for us.
They're very tech-savvy, yet humble.
Ayush was responsive and paired me with the best team member possible, to complete my complex vision and project. Could not be happier.
As a founder of a budding start-up, it has been a great experience working with Mindbower Inc under Ayush's leadership for our online digital platform design and development activity.
The team from Mindbowser stayed on task, asked the right questions, and completed the required tasks in a timely fashion! Strong work team!
They are focused, patient and; they are innovative. Please give them a shot if you are looking for someone to partner with, you can go along with Mindbowser.
We are a small non-profit on a budget and they were able to deliver their work at our prescribed budgets. Their team always met their objectives and I'm very happy with the end result. Thank you, Mindbowser team!!
Mindbowser was easy to work with and hit the ground running, immediately feeling like part of our team.