endorsedOngoing

Custom Insurance Sales Platform and Rating Engine Development

Services Covered:

Custom Software Development

Industry

Financial Services

Duration

131 months

Budget

1M - 10M

Start Date

1 September 2015

Team Size

6-10 Employees

Engagement Model

Onshore

Project Capability Score (PCS)

79/100

Good

Project Capability Score (PCS) estimates how capable Mindfire Solutions is of successfully delivering a project like this, based on its past experience, track record, and ability to handle similar work. Learn more about PCS

Client

Confidential

Worcester, United States of America

Project Summary

Mindfire Solutions developed custom, from-scratch insurance sales platforms and rating engines to digitize and streamline the client's life insurance sales processes. The engagement follows agile processes using user stories and involves development, QA collaboration, and production releases. The work has driven efficiencies in sales processing and customer retention, and the client praises the team's technical aptitude, dedication, and integration/security capabilities.

Key Challenges

Streamline and digitize life insurance sales processes

Project Deliverables

Custom life insurance sales platform
Insurance rating engine
Integrations to insurance carriers for fulfillment
Compliance and regulation checks implemented

Project Solution

Mindfire Solutions built custom platforms to support the life insurance sales process for financial advisors and customers, developing everything from scratch. They implemented insurance rating engines to generate quotes and capture customer information, integrated those systems with insurance carriers for fulfillment, and implemented compliance and regulation checks. Projects start from business requirements written as user stories and follow an agile workflow; Mindfire works with the QA team to move features from inception to production. Technologies used include Angular, .NET, and JavaScript; the client uses Azure DevOps for collaboration.

Project Outcome

Improved customer retention and more efficient sales processing
Strong project management and reliable delivery with integrated security controls

Platforms

Tech Stack

Angular
.NET
JavaScript
Azure DevOps

Client Endorsement

Overall Review Rating

Timeliness

Cost Rating

Willing to Refer

Quality of Deliverables

“Mindfire Solutions' work has driven efficiencies in the client's business by digitizing and streamlining their sales processes. The agile, dedicated team boasts strong technical aptitude and strong work ethic, and their tendency to go above and beyond to attend to the client's needs stands out.”
Anonymous
VP Systems Development
Date: 07/19/2022