Custom Digital Underwriting Solution for Insurance Premium Financing Application

Our Journey

This case study addresses the challenges of manual underwriting processes in the insurance industry.

A Caribbean brokerage struggled with a legacy system that slowed quote generation and required constant technical intervention.

We developed a digital underwriting solution powered by a rule-based engine, integrating it with their policy management software, web portal, and mobile app.

This resulted in significant reductions in manual effort, faster quote generation, independent rate guide updates, and a modernized insurance process.

Industry

Insurance

Region

Carribean

Backend – Rule-Based Engine Integration
Platforms – Existing Policy Management Software, Web Portal, Mobile Application

Problem

The client, a leading Caribbean insurance brokerage, relied on a legacy system for manual quote calculations for over two dozen rate guides, slowing operations and creating dependency on underwriters. The legacy system lacked automation, and rate guide updates required programmer involvement, further reducing efficiency.

Solution

We developed a complete digital underwriting solution powered by a rule-based engine to automate quote calculations.

The new solution integrated seamlessly with the client’s policy management software.
It enabled backend processing for policy and accounting tasks.
The web portal was automated to streamline all policy-related work.
A mobile application was also developed to ensure efficient data access and usability.