Top Insurance Mobile App Development Company

An insurance mobile app development company is a company that specializes in designing, building, and maintaining mobile applications tailored for insurance providers. It creates efficient user experiences (UX) for insurers and their customers by providing personalized digital insurance services on demand, such as streamlining customer interactions and enabling convenient policy management. 

The most common challenges solved by insurance mobile app development companies for their clients include: 

• Slow and cumbersome traditional insurance systems 
• Lack of customer engagement and poor customer experience 
• Complex and lengthy insurance management and renewal processes 
• Delays in claims processing 
• Data vulnerability and compliance issues 
• Limited customization 

As more individuals seek insurance policies, insurers must provide top-notch services. Notably, 42% of customers prioritize speed of service when selecting an insurance provider, highlighting the importance of efficient and responsive customer care. 

Success Story 

Let's look at the following case study, which showcases how a specialized insurance app development company can equip businesses with powerful tools to deliver faster, more efficient services that meet consumer demands and drive success. 

• Challenge: Metlife faced inefficiencies with its traditional, paper-based insurance application process, which was slow, prone to errors, and time- and resource-consuming. It aimed to digitize and streamline the processes via a paperless insurance solution that could better serve its clients, brokers, and underwriters. 
• Solution: ADAMAPP developed a comprehensive insurance app for iOS, Android, macOS, and Windows. The app securely encrypts and stores data in the cloud to ensure offline functionality, preventing data loss and connection-related errors. The app was adaptable to different markets with varying insurance regulations, offering fast, paperless processes that improved broker productivity and application accuracy. 
• Results: ADAMAPP's insurance app development solutions reduced the processing time from several weeks to just 15 minutes, achieving a 10x better speed. It also helped complete over 3,000 applications in the first month and reduced paper waste by 90%. 

Insurance mobile app development companies create digital solutions tailored to the insurance industry's needs. They design user-friendly interfaces, integrate secure payment gateways, and develop real-time notifications for insurance management, policy renewals, and claim updates. Prioritizing data security and protection, they incorporate features like chatbot support, document management, and API integration with third-party platforms. 

Here are the most common insurance app development solutions and services: 

• Custom insurance application development 
  Crafting intuitive navigation and features for easy insurance-related task management 
• Policy management tools 
  Incorporating functionalities that allow users to access and manage their insurance policies directly from the app, including viewing details, updating information, renewing coverage, and comparing different plans 
• Claim submission and tracking
  Simplifying the claim process by enabling easier paperwork, such as uploading documents, monitoring status, and receiving updates  
• Secure payment gateway integration 
  Facilitating secure payment systems and other financial transactions 
• Chatbot and customer support integration 
  Providing instant customer service within the app, answering common customer queries, and redirecting to human support when needed 
• Document management systems 
  Eliminating the hassle of maintaining physical records and ensuring all important documents are securely stored in one platform 
• API integration with third-party services 
  Automating verification processes and connecting with external services like banks, healthcare providers, or government databases for seamless data exchange 
• Data security and compliance 
  Using encryption that adheres to industry and legal standards for handling sensitive personal and financial information 

Success Story 

To highlight the impact of insurance app development services, our agency experts present the following case study demonstrating how Peerbits enhanced an insurance provider's app functionality and improved the UX for its customers in multiple regions. 

• Challenge: NLGIC, an insurance provider in the Gulf, approached Peerbits to develop a unified mobile app for Oman, Kuwait, and UAE by merging their existing separate apps. Each app previously offered distinct insurance services, which made database management complex. Additionally, NLGIC required an entirely new UI/UX design, improved app performance for convenient image uploads, and multiple payment gateway integrations. 
• Solution: Peerbits thoroughly analyzed three apps and merged them into one super app using native technology. The team centralized the operations, redesigned the UI/UX to ensure intuitive navigation, and implemented an image compression algorithm for seamless uploading. It also used tokenization to enhance payment gateway security for all three regions. 
• Results:In only 9 weeks, Peerbits successfully launched the minimum viable product (MVP), providing users in Oman, Kuwait, and UAE access to different services, including travel, medical, and motor insurance, via a single app. This consolidation improved database management, enhanced app performance with faster image uploads, and eased payment processing. The project continued with ongoing support and improvements over the next 18 months. 

Insurance app development companies charge from $50,000 to $70,000, on average, depending on the development platform, the type of insurance app, its complexity, and the developer's location. 

The average project costs based on the app type are as follows: 

• Health insurance app: $125,000 
• Life insurance app: $210,000 
• Property insurance app: $190,000 
• On-demand insurance app: $125,000 
• Car insurance app: $80,000 

Here's a breakdown of service inclusions and costs: 

• Conceptualization: $2,000-$4,000 
• UI/UX design: $3,000-$5,000 
• Backend development: $7,000-$13,000 
• QA testing: $5,000-$15,000 
• Deployment: $8,000-$9,000 

You should hire an insurance app development company because it has specialized expertise tailored to the insurance industry's unique needs. It understands the complexities of regulatory compliance, data security, and customer experience and can ensure that your app meets industry standards while enhancing user engagement.  

By enlisting its services, you can accelerate development and deployment, reduce costs, and leverage advanced technologies like AI and data analytics to deliver optimal digital experiences to your customers. 

Consider partnering with insurance app development companies because they: 

• Have expert knowledge of insurance-specific regulations and needs 
• Tailor app features for policy management, claims, and customer support 
• Provide faster time-to-market with their proven methodologies 
• Save you from long-term operational costs with scalable and efficient solutions 
• Ensure your app adheres to strict data privacy and security standards 
• Incorporate AI, machine learning, and big data to enhance customer experiences 
• Offer post-launch maintenance and updates to keep your app running smoothly 

Success Story 

PLANEKS’s success story perfectly illustrates the advantages of enlisting the services of an insurance app development company: 

• Challenge: An insurtech company sought to develop a mobile app, Santé, to streamline finding and comparing Swiss health insurance. It needed a solution to automate insurance selection based on customer preferences while allowing insurance professionals to engage with potential clients. The challenges included creating an intuitive survey system, integrating CRM for data handling, and ensuring multilingual support. 
• Solution: PLANEKS developed a survey feature within the app, which dynamically routes users through options based on their answers. The app incorporated a Pipedrive CRM system to transmit survey data for professional follow-ups and an Acuity Scheduling integration for convenient appointments with insurance representatives. It also included an admin panel, and a "smart" doctor search for better accuracy. For premium UX, the app is responsive and multilingual on multiple devices. 
• Results: PLANEKS delivered a versatile platform that enabled Santé to optimize the users' insurance selection process. Santé was a practical and scalable solution that improved productivity and customer engagement. 

To choose the best insurance mobile app development company for your business, consider the following steps: 

1. Identify your app requirements 
   Determine the specific features and functionalities your insurance app will include, such as policy management, claims processing, or customer support tools. 
2. Define your budget 
   Establish the amount you will spend on insurance app development, including design, features, testing, and maintenance. 
3. Research insurance app development companies 
   Look for firms experienced in building insurance or financial apps. Explore Google and reputable platforms like DesignRush for recommendations. 
4. Check reputation and reviews 
   Read client testimonials and case studies to see if the companies have a solid track record of success. 
5. Evaluate their services 
   Ensure they offer end-to-end insurance app development solutions and services, including UI/UX design, security implementation, and post-release support. 
6. Assess creativity and technical skill 
   Review their portfolios to ensure their creativity aligns with your vision and their technical skills meet your requirements. 
7. Verify the team’s expertise 
   Check the qualifications and experience of the developers, designers, and project managers. 
8. Shortlist and request proposals 
   Narrow your options and submit detailed requests for proposals (RFPs) from your top choices, outlining their development process, timeline, and pricing. 
9. Conduct interviews 
   Meet with the shortlisted companies to discuss your project's goals, target milestones, and deadlines. 
10. Deliberate and select 
    Compare proposals and interview assessments to select the insurance mobile app development company that best fits your needs, budget, and style. Ensure expectations are clear before finalizing the agreement. 

Let DesignRush help with your search. Visit our Marketplace and tell us about your project; we’ll take it from there and introduce you to the insurance mobile app development companies most qualified to take on your project. 

Questions you should ask insurance app development companies before hiring one include: 

Its Relevant Background 

1. What are some of the most successful apps you’ve built for the insurance sector? 
2. Have you worked with any large insurance firms before? 
3. Do you have any partnerships with insurance organizations? 
4. Have you developed apps with features like policy management, claim filing, or premium payments? 
5. Can you share examples of insurance apps that have complied with industry regulations (e.g., HIPAA)? 
6. What programming languages and frameworks do you specialize in for insurance app development? 
7. Have you developed insurance apps for both Android and iOS? 
8. What is your experience with third-party APIs and cloud solutions for insurance app development? 
9. What is your process for handling large-scale insurance data within apps? 

Its Services and Processes 

1. Can you explain your app testing process and how you address bugs? 
2. How do you ensure the scalability of the insurance app as user numbers grow? 
3. Do you provide training to ensure my team can manage the app effectively post-release? 
4. Can you help with app store submissions and approvals? 
5. How do you handle user feedback and improvements after the app is launched? 
6. How do you handle app updates and maintenance post-launch? 
7. Do you provide technical support or troubleshooting for app users? 
8. Do you offer analytics and performance tracking post-deployment? 

Relevant to Your Project 

1. What unique features can you implement based on my project requirements? 
2. How will you ensure the app meets the specific needs of my customers?
3. How will you integrate my company's existing systems and databases into the app? 
4. How will the app support health, life, and auto insurance?
5. Can you create both customer-facing and agent-facing functionalities in the same app? 
6. Will the app have an offline mode for users in areas with limited internet access? 
7. How will you ensure a seamless user experience across multiple devices? 
8. How will the app's user interface reflect our company’s branding? 
9. Can the app support multiple languages and regions? 
10. How will the app integrate with third-party providers such as healthcare networks or vehicle insurers? 
11. How do you plan to optimize app performance for users with slower devices? 
12. Can you include predictive analytics to help customers choose better insurance products?