Insurance SaaS wins by being more compliant and more usable than Guidewire.
We build SaaS platforms for insurance companies and insurtechs — policy admin, claims management, agent portals, and the actuarial workflow tools that modernise insurers still running legacy systems. Fixed scope, fixed price.
You've identified the gap between what Guidewire and Majesco do and what your specific insurance product line needs. The off-the-shelf platform costs $2M+ to implement and still doesn't fit. A custom SaaS closes that gap.
Legacy insurance platforms — Guidewire, Majesco, Duck Creek — were designed for large carriers with generic product lines. A new insurance program targeting a specific niche (pet insurance, parametric weather coverage, embedded warranty, on-demand gig worker coverage) has requirements that don't fit those platforms. The implementation cost is disproportionate, the timeline is measured in years, and the customisation needed to fit a niche product line requires specialist system integrators who bill at $300 per hour.
The alternative is a purpose-built SaaS designed for your specific product line — which is more achievable than it sounds. The core policy lifecycle (quote, bind, issue, endorse, renew, cancel) is a defined workflow with standard components. The claims workflow (FNOL, assignment, investigation, payment, close) is similarly well-defined. What's unique to your product is the rating algorithm, the coverage rules, the regulatory filings for your state of domicile, and the specific data you collect at quote.
A custom insurance SaaS gives you ownership of all of that — your rating model, your data model, and your workflow — without a seven-figure platform licence or a 24-month implementation timeline.
A purpose-built insurance SaaS with the policy lifecycle, claims workflow, and regulatory reporting your product line requires — at a fraction of the implementation cost of a legacy platform replacement.
Quote-to-bind workflow
Configured intake form for your risk data, rating engine API call (ISO, your proprietary model, or actuarial spreadsheet logic we encode), instant premium display, and e-bind with payment.
Policy administration
Policy record with all endorsements, premium transactions, documents, and correspondence. Endorsement workflow, cancellation processing, and renewal generation at the correct notice period.
Claims management
FNOL intake, adjuster assignment, reserve management, payment processing, and claim close workflow. Status visible to the policyholder and agent throughout.
Agent portal
MGAs, wholesalers, and retail agents each with their own login, commission tracking, book of business view, quoting access, and policy servicing capability.
Regulatory reporting
NAIC statutory data extract, state filing reports, and the data export formats your reinsurers require. Configured to your lines of business and reporting states. Built on Next.js, Postgres with strict role isolation, Stripe for premium collection and commission payouts, and DocuSign for policy document execution.
One honest number to start.
Fixed-scope, fixed-price. The number below is the starting point — final scope is built from your brief.
A purpose-built insurance SaaS with the policy lifecycle, claims workflow, and regulatory reporting your product line requires — at a fraction of the implementation cost of a legacy platform replacement.
Three steps, every time.
The same repeatable engagement on every project. No surprises, no mystery, no billable ambiguity.
Brief & discovery.
We send you questions, then get on a call. Output: a written scope with every step, feature, and integration listed.
Build & ship.
Fixed schedule, weekly reviews. No scope creep unless you change the scope — and if you do, we reprice it transparently.
Warranty & retainer.
30-day warranty on every launch. Most clients stay on a monthly retainer for ongoing features and maintenance.
Why Fixed-Price Matters Here
Insurance is a highly regulated business where technology projects go through actuarial review, compliance review, and state department approval. A fixed-price development contract with a defined scope is far easier to present to a regulator or reinsurer than a time-and-materials arrangement with an undefined end state.
Related engagements.
Insurance workflows run on paper, PDFs, and email. Not for much longer.
Read more02The insurer with a good app retains more policyholders than the one with a better policy.
Read more03Insurance operations dashboards that give underwriters, agents, and leadership the data they act on — without running reports.
Read moreQuestions, answered.
We take your actuarial rating methodology — whether it's a manual in a spreadsheet, an ISO manual reference, or a proprietary model — and encode it as a structured rating engine with testable rules. You can adjust rating factors through an admin interface without code changes, and the rating output includes a full factor breakdown for regulatory review.
Yes — a multi-line architecture is designed from the start. Each line has its own coverage definitions, rating engine, policy form, and state availability configuration. A single policy admin system handles all lines with per-line workflow configuration.
We build the state-specific coverage rules, exclusions, cancellation notice periods, and regulatory report formats for the states you're licensed in. As you expand state approvals, new state configurations are added without rebuilding the platform.
A policy admin + claims + agent portal SaaS for a single line of business typically runs $60k–$150k. Multi-line, complex rating, and reinsurance reporting add scope. Fixed-price.
16 to 20 weeks for a production insurance SaaS with quote, bind, policy admin, and claims. Regulatory filing integration adds 4 to 6 weeks.
Tell Ryel about your project.
Describe what you’re building and what outcome you need. You’ll have a written, fixed-price scope within the week.