At a high level the software requirements for every insurance company seem the same. Every company needs to be able to underwrite, to manage policies and lodge claims.
But in reality, every company’s needs are different and complex making it difficult to define at the beginning. This can cause many projects to fail or run over on costs.
But the initial cost is just the tip of the problem.
Today’s insurance companies need a solution that is designed for change.
And cost is not the only drawback of building internally.
We start with workshops with all stakeholders and subject matter experts, to clarify the high-level requirements and identify the risks, resources, boundaries and limits and to plan the project.
We select the team and equip them with the key tools and infrastructure required to launch the project.
We select from hundreds of modules that can be rapidly assembled and configured to suit the unique set of policies, processes and systems that each company requires. This means we can quickly build very complex solutions that are precisely tailored to our clients’ needs.
We have a large R&D team constantly enhancing and updating Axelerator. We roll out releases every 2 to 3 months to our clients. These are tested across the entire application to make sure our clients are not affected by any changes.
We have a very flexible approach to support and development services, and tailor our services model to suit each client.