Front-end expert to maximize the value of the insurtech platform
The client is working on a fully configurable API-driven platform to streamline the insurance ecosystem at record speed with drag and drop functionality. For each B2B customer they deploy (including the leading insurance companies & well-known financial institutions in Asia region), SmartDev comes to solve the business process challenge by designing how the product works for the bespoke business flows.
*Client is under NDA with SmartDev
Headcounts
4 Frontend Developers, 1 PM
Industry
Fintech; Insurtech; Insurance
Timescales
24 months since 2020
Country
Singapore & Asia Countries
Thinking of building a disruptive product?
The Challenge
Our partner understands the difficulties companies face when setting up individual and group insurance policies. This typically involves long processes and seperate integrations with providers that are expensive to create and maintain. This company had a vision to provide a comprehensive, no-code, solution that allows policies to be setup, and estimated, using ‘drag and drop’ functionality. Additionally, they provide the most comprehensive collection of open insurance policies available allowing the creation of any policy.
SmartDev was selected to partner in their journey to provide unsurpassed functionality and continue to expand the their offerings.
We corporated with our insurtech client and their B2B customers to make improvements in the UI/UX experience.
There were several initiatives identified as areas to improve in order to make the products as easy and efficient to use for different business flows of the clients. Whatever the client business is (medical group insurance; commercial insurance, financial insurance; health insurance), we all deal with improving the existing product and adding new features/improvements. Improvements included automation throughout workflows, continually improving the policy creation and support experience, standardizing data and processes to reduce maintenance costs and continuing to build out offerings.
Technology Stacks
VueJS
SaaS
MongoDB
Kubernetes
Microsoft.NET
The Solution
Through a combined effort we have provided customers with group medical policy solutions that support the entire business journey. No available solutions supported the entire flow and functionality was largely siloed due to difficulties in implementing and supporting different insurance offerings. Concurrently, the claims adjudication processes were automated, end-to- end, providing efficiency and cost savings to complex flows.
Additionally, with all parties on one platform, transactions and data synchronization, between providers is much more faster and data synchronization is much less prone to error. Combined with simple onboarding and policy creation and reduced support costs, the solution provides a superior offering for all types of users seeking coverage.
By working on the the on the core platform and with larger integrations, SmartDev was able to offer longer term solutions to improve the end-to-end experience for current and new customers.
The Insurtech Platform
A leading provider of cutting-edge technology to the insurance industry. Since 2017, SmartDev’s client supplies insurance enterprise software solutions to insurers, MGAs, brokers and bancassurance in Asia and beyond.
Modular Approach
The insurtech platform can be used in parts or in full. Regarding each of its component as a building block, the platform can help you to assemble final solution in a configurable, yet speedy way to match exact client needs. Modular, robust & scalable, done at record speed!
Adoption of No Code Approach
The platform is well equipped with internal tools such as product builder, microsite builder, comprehensive CMS, library of components, sophisticated theming, advanced templating, PDF and email editor to provide the best customer experience and enable extreme scalability and speed to market. It can be customized easily to bring the most relevant business process for each type of clients.
Continuous integration, testing and deployment
The microservices (both backend and frontend) have complete continuous integration, testing and deployment on independent pipelines through the use of Jenkins. Committed code is automatically built, tested and deployed. Smoke tests are run every 5 minutes – smoke tests and tests on the CI/CD pipelines go through all tenants of our system.