InsurTech Software Development Services

15 years of experience in helping clients in the insurance sector get the desired results with InsurTech. A team of domain experts who know your niche like the back of their hand. At Vega IT, we understand the unique complexities of the insurance industry.

As a technical partner, we help you find the most elegant solutions to your trickiest problems.

Insurtech Software Development

Custom InsurTech Software Development

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Specific needs. Different goals. Unique pain points. Every business has different requirements. 

The requirements off-the-shelf software solutions can’t meet. This is where custom InsurTech software development steps in. 

Artificial intelligence. Machine learning. Big data. Robotic process automation. Blockchain. Our solutions are powered by innovative technologies.  Results? Affordability. Efficiency. Speed. Accessibility. User-friendliness. 

At Vega IT, we co-create software that works for you. Not the other way around.

Passion. Proactivity. Expertise.

You have passion and ideas for innovating your InsurTech business. We bring the brains and experience to make them true. Whether you need to spin your in-house capability or hire an entire software development team, we match your ambition and drive your success. 

For insurance companies

Insurance companies. Brokers. Insurance carriers. We help you integrate the latest InsurTech solutions into your business processes. The goal? Streamlining operations, meeting evolving customer needs, and driving innovation. 

For InsurTech companies

Software development. Infrastructure management. Scaling your operations. Our experienced team provides the expertise and support your InsurTech business needs to succeed. 

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The InsurTech software solutions we can help you with:

Phone apps. Auto-monitoring devices. Wearable technology. Those are all insurance tracking tools, helping people get insurance in a matter of minutes. No need for human interaction and tiresome documentation.

Here is what we can help you with:

  • We help you implement digital policy management tools that enable your customers to conveniently view and manage their policies online. 

  • Implement automated claims processing tools with our help. Reduce manual errors and accelerate the claims process for your clients. 

  • Gain insights into customer behavior. Identify the hottest trends. Make informed business decisions. In other words, harness the power of data analytics. 

  • Enhance your customer experience and increase engagement by implementing chatbots, personalized pricing, and other innovative features that align with the expectations of today's digital customers. Streamline policyholders’ experiences by providing self-service – 24/7 customer service, simplified claims management. All in one place, without the need for contacting customer support.

  • Transform your existing value chain. Let customers quickly explore, understand, and purchase products with minimal hassle. Provide them with a more accessible and affordable experience that leads to increased sales.

  • We implement robust security protocols and data privacy measures to make sure your software solutions comply with the industry’s strict regulatory requirements.

  • Our team can help you integrate your InsurTech solutions with other systems. These include CRM tools or accounting software – anything that streamlines your operations and improves efficiency. 

  • Automating the claims process. Reducing the risk of fraud. That’s what you can achieve by implementing smart contracts using blockchain technology.

  • We can help you implement fraud detection tools, using AI and machine learning algorithms. Detect and prevent fraudulent claims. Protect your bottom line and maintain customer trust.

What We Have Done for Our Customers

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Data Visualisation in InsurTech

Our client is a company that provides insurance broking, risk management, and claims consulting services globally. The main purpose of the project was to turn insights into numerous data by developing Platform - a set of about 20 applications that would collect, process, and present data in a specific way to support the business decisions of our users.

Read more
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Digital Banking Platform

A digital banking platform that simplifies things by allowing banks to re-invent their products, processes, and operating models in a single, cloud-capable, API-based, transactional, saving, and lending core. It provides over 30 supporting services such as decisioning, workflow, document management, financial ledger, and product configuration.

Read more
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Hyperion-X: Rethink project

Rethink is a digital platform for connecting insurance companies and insurance brokers.

This platform is a part of the Hyperion-X Group, which the Howden group recently acquired.

Read more

What else can we help you with:

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Software development

We can help you develop robust, scalable software solutions that meet the needs of your business and your customers. Our team is well-versed in a diverse range of programming languages and technologies, such as AI, machine learning, and blockchain, and possesses extensive experience in product management, ownership, and analysis. With our expertise, we can aid you in identifying new opportunities and areas for growth.

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Infrastructure management

Manage your IT infrastructure. Ensure that your software solutions are securely deployed and maintained. Our team has experience working with a variety of cloud platforms and hosting providers. We have already helped many clients save thousands of dollars each month by optimizing their cloud usage. Let us help you, too.

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Security and compliance

We can help you ensure that your software solutions meet the highest standards of security and compliance. We have experience implementing robust security protocols and data privacy measures and can help you navigate the complex landscape of regulatory requirements.

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Product optimization

We can help you optimize your InsurTech products for maximum performance and customer satisfaction. Our team can conduct user testing and analysis to find areas for improvement and identify new market opportunities. We let you implement new features and functionality to meet evolving customer needs.

We’re here to find fast, elegant solutions to your trickiest problems.

Get in touch

Strength in numbers

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15 +
Years in the market
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750 +
Expert software engineers
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1500 +
Projects launched
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200 +
Clients trusting us
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Case Study

Rethink project | Hyperion-X

Rethink is a digital platform for connecting insurance companies and insurance brokers. This platform is a part of the Hyperion-X Group, which the Howen group recently acquired.

Read more
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Case Study

Case study: Data visualisation in InsurTech

Our client is a company that provides insurance broking, risk management, and claims consulting services globally. The main purpose of the project was to turn insights into numerous data by developing Platform - a set of about 20 applications that would collect, process, and present data in a specific way to support the business decisions of our users.

Read more

And we’ve won some big awards for our work

  • Deloitte Fast 500 Award 2019
  • Best of Serbia 2019
  • Top 10 IT Employers in Serbia 2019
  • Golden Gazelle Serbia 2017

Our Process

Get to know us, our work methodology and our company culture. We know that there’s no “one-size-fits-all” solution when it comes to software development. This is why we want to learn more about your project’s needs to match you with the right software developers from our 750+ professionals.

Sasa Popovic Form

Saša co-founded Vega IT 15 years ago with his former university roommate Vladan. Their dream of founding an IT company has grown into the premier software company with more than 750 engineers in Serbia. If you prefer to send an email, feel free to reach out at

Real people. Real pros.

Book a call today.

Send us your contact details and a brief outline of what you might need, and we’ll be in touch within 12 hours.

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InsurTech software development – FAQ

Want to learn more about InsurTech software development services? We’ve answered some of the most frequently asked questions for you.

InsurTech, or insurance technology, is a rapidly growing sector that is transforming the insurance industry. InsurTech companies use innovative technologies and business models to offer new products and services that improve the efficiency and speed of business processes.

From digital policy management tools to claims processing software, InsurTech solutions are designed to meet the needs of today's digital customers and provide them with a seamless, personalized experience. 

When you search for the best InsurTech software development partner, you should choose the company with technical expertise, deep sector knowledge, and relentless passion.

To be sure you selected the right partner, this is the homework you need to do in advance:

  • Define your vision and goals
  • Make a list of potential software development partners
  • Check their technical expertise and domain knowledge
  • Validate their language proficiency and whether they are a cultural fit
  • Ask for references and case studies
  • Make a shortlist
  • Negotiate terms and pricing

Performing research. Running a scoping session. Building the system’s architecture. Software development. Testing the product. The launch. InsureTech software development is a multi-step process that needs to be executed strategically. Therefore, its cost depends on your company’s specific requirements. 

At Vega IT, we take time to get to know your business - your dreams, needs, hopes, and challenges. We create the solution that works for you. In the long run.