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Cyber Insurance Brokerage Platform
A custom cyber insurance brokerage platform delivered in 10 weeks with Xamun, an AI-native software development platform
10 weeks
DEVELOPMENT TIME
5 people
TEAM SIZE
Web app
PLATFORM
THE CHALLENGE
Client overview and challenge
An insurance company sought to rapidly launch a cyber insurance brokerage platform, aiming to provide a seamless experience for customers while minimizing the risks and costs associated with building from scratch. The platform needed to offer easy coverage applications, predictive technology for customer needs, tailored cyber risk recommendations, and a financial damage calculator.
The client faced several challenges:
Time and Cost Constraints: The need to launch the platform quickly without incurring high development costs.
Custom Requirements: The platform had to meet specific business needs, including predictive customer insights and tailored risk assessments.
Technical Complexity: Integrating advanced technologies like predictive analytics and financial calculators into the platform.
Off-the-Shelf Limitations: Standard solutions could not accommodate the client’s unique requirements, necessitating a customized approach.
WHAT WE BUILT
Our solution
BlastAsia leveraged Xamun, an AI-native software development platform, and delivered the cyber insurance brokerage platform in just 10 weeks using an agile “forced MVP” approach:
Agile Development: Utilized an efficient development process to meet the tight timeline.
Industry-Ready Templates: Leveraged pre-existing templates to reduce development time and costs.
InsurTech Expertise: Applied deep domain knowledge to ensure the platform met the client’s specific needs and industry standards.
Reusable Components: Incorporated reusable components to enhance scalability and maintainability.
Built with: Xamun
RESULTS
The result
The result was a tailored cyber insurance platform that met the client’s objectives, enabling rapid market entry and providing a competitive edge through its innovative features and efficient operations.
Team size: 5 people with Xamun, against 10 people without*. 50% smaller team.
Development time: 10 weeks with Xamun, against 64 to 96 weeks without*. 84 to 90% faster.
Estimated build cost: $45K with Xamun, against $400 to 800K without*. 89 to 94% more affordable.
* based on a custom cyber insurance brokerage platform built using traditional software development methods.
CLIENT
CLIENT
An insurance company
COUNTRY
United States
INDUSTRY
Insurance
ENGAGEMENT MODEL
Turnkey
HOW WE WOULD BUILD THIS TODAY
Speed up custom software development with BlastAsia
This app was built using an earlier version of Xamun; current versions offer even faster development capabilities. With 25 years of expertise in custom software development, BlastAsia can deliver your project with speed and quality like never before
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