How we work
We combine the industry’s best service delivery standards with unprecedented solution personalization practices
Become a customer companion with innovative insurance solutions. Avenga supports carriers as they automate operational processes, boost customer retention, and revamp risk mitigation practices.
Insurance back-office operations can be automated
Customers search for insurance purchases online
Next-generation customers require an omnichannel in-app experience
BI and reporting solution for faster decisions, proper monitoring and communication of the organization's growth dynamics.Read more
We combine the industry’s best service delivery standards with unprecedented solution personalization practices
We will respond within two hours and arrange a meeting with you at your earliest convenience.
An expert matching your market niche and industry will get in touch to discuss your requests and determine the next steps.
You will get a service suite offering, including time and cost estimates, for each of your project’s stages.
Sign the contract
We start delivering the results while keeping you updated on the progress.
The insurance industry is now on its way to incorporating meaningful innovation with integrated value so as to obtain and retain its clientele. Technology and a balanced strategy are the critical enablers that insurance providers match up with the individual customers’ expectations.
Deliver relevant customer experiences with self-service portals, live chats, or insurance apps. Avenga provides comprehensive technical support for insurers embarking on their digital transformation journey. We create intuitive, user-friendly digital products that guide customers through the insurance process and foster a sense of engagement and trust within the suite of our insurance software development services.
Unravel customer behavior to maximize the value of your offerings. Avenga assists insurance providers in building and fine-tuning CRM systems based on an in-depth scrutiny and understanding of their clients’ needs. Allocate sales and marketing resources wisely, as you adapt to the swiftly changing market demands with ease.
Save the many hours of precious working time monthly with claims management software built specifically for your business. Avenga will help you build a system that tracks and reports incidents to ensure the transparency of claims and compensations while integrating them with customer support features. In addition, we deliver on-premises or cloud deployment options for increased agility and flexibility.
Offer the right products at the right time. We develop user-oriented online platforms that increase product awareness and help insurance companies modernize their customer engagement with our insurance software development services. Avenga creates opportunities for insurers to launch compelling customer campaigns and propel customer retention.
Optimize your costs and speed up data-rich processes. Our experts integrate automation into back-office processes to transform the insurers’ work environment and save human effort. We automate mundane tedious tasks and create comprehensive document management systems so that insurance companies can replace their manual processes and orchestrate their workflows efficiently.
Prevent insurance claims fraud and mitigate hidden risks with innovative insurance solutions. Avenga builds neural networks that detect anomalies and identify suspicious patterns from large data sets, and in this way, strengthens the financial resilience of insurance companies. Additionally, we help meticulously analyze risks related to claims and payouts, and integrate insurance solutions with widely used payment systems.
Gain actionable insights into your business and effectively strategize process improvements. Avenga leverages Artificial Intelligence (AI) and data science to empower organizations with robust decision-making practices. We gear up insurance companies for dynamic digital transformation and data-driven business prospects.
Become a customer-focused leader in the market. With innovative insurance solutions, your company can swiftly spot trends, derive data-driven insights, and improve customer interactions. Avenga enables insurance companies to conduct operations faster, reduce labor costs, and explore new areas of business innovation.
Leverage the power of AI, cloud, and big data to supercharge customer engagement and deliver a personalized experience. As an insurance software company, we create digital offerings that streamline everyday business processes and support revamped decision-making practices.
Cast your mind into the future. While customers are moving on to new needs, modernization and a focus on nontraditional products and services is key to a fruitful digital transformation for insurers. Avenga brings to the table reliable risk management and fraud prevention strategies, and guarantees continuous adaptability to the evolving realities of the industry.
Monitor business operations and use the possibilities of transformation. Our specialists ease the workload in the back office and provide ongoing support to catalyze the growth of organizations. From greater customer insights to faster insurance claims processing – Avenga helps insurers explore new areas of technological progress and accomplish tasks in a fraction of the usual time.
Certified AWS, Google, and Azure experts are ready to consult, migrate, and engineer. Avenga offers a wide scope of cloud-based services for those seeking velocity, stability, and security.
Cloud computing market value by 2028
Total cost of ownership savings
Render your products and services immune to business disruptions. Beat the competition by automating delivery pipelines, testing, and manual processes to scale opportunities and eliminate threats on the go.
Less time for handling support cases
More time to improve infrastructure
Improve decision-making, enhance business flexibility, and tap into predictable planning by mastering the power of data. Avenga helps businesses worldwide gather, process, visualize, and apply data in a manner that makes it relevant for the company’s success.
AI usage in risk management cases
Businesses suffer from unstructured data
Nurture customer loyalty by offering a buyer’s journey that your competitors cannot deliver. As a certified Salesforce partner, Avenga deploys custom-tailored Salesforce solutions for those seeking to sell and communicate with customers in a productive way.
CRM users worldwide
Increase of leads volume
Avenga designs and implements Microsoft solutions that streamline teams’ productivity, coherence, and synergy. Ensure the maximum level of goal-oriented cooperation along your management vertical with the help of Microsoft 365, SharePoint Intranet, and Power Platform.
Healthcare organizations adopted Microsoft
Used by Fortune 100 companies
Dive deep into a new realm of digital security with blockchain technology. Experienced blockchain developers at Avenga create decentralized solutions and apps for our clients to ensure enhanced traceability and the security of transactions and data.
$ 67 bln
Blockchain market worth by 2026
Expected industry CAGR by 2030
Digital insurance offers some exciting opportunities for insurance companies but also presents unique challenges one need to know how to overcome.
"They’ve taken on a lot of work and consistently delivered on it." They worked quickly to launch and maintain several databases, and the KPIs supported within have informed business decisions. Avenga's (formerly Core Value Inc's) data science has offered metrics that have reduced fraud. They’ve ...
"The quality of the work achieved by their team was great and we are extremely happy with them." Avenga (formerly Perfectial) is almost ready to launch the product. They are devoted to making sure that the clients needs are met with a high level of understanding and communicative attitudes. The vend...
“Nothing was too complicated for them, and everything about their process is straightforward.” A week after launch, there was visible platform growth, while deployment requests increased by 50%. Avenga (formerly Core Value Inc) established a good rapport with the internal team and was communicat...
"The personalities of all team members are friendly with a shared desire for success." As of now, the system is in production and works well. Avenga (formerly Perfectial) follows an agile methodology and continues to add functionalities to the platform. Moreover, their project management style is gr...
"We have evolved as trust was built, and the team has started making an impact in other areas."The staff that has been provided by Avenga (formerly Perfectial) continue to take on significant IT roles in the company, being an official part of their team. The team is dedicated to supporting the clien...
Insurtech is a term that describes the intersection of insurance and technology. By leveraging innovative insurance solutions, InsurTech companies offer new services and products that are more convenient and affordable for their clients. For example, InsurTech is revamping the way organizations underwrite risks, process claims, and detect and prevent fraud. Being ripe for disruption, InsurTech is predicted to have a profound impact on the insurance industry over the next decade.
In recent years, the implementation of Artificial Intelligence (AI), big data, and automation has come to the forefront in the insurance software development market. Below are some of the ways of how innovations are transforming the insurance industry: AI enables insurance companies to adopt more predictive and proactive approaches to customer service and risk management. For instance, AI-powered chatbots and virtual assistants provide customers with 24/7 access to information and customer service. These tools help customers find requested information quickly and easily without interacting with a human agent. With the advent of big data, insurance companies now have access to an extensive pool of information, which they can leverage to revamp risk assessment and decision-making. Additionally, big data empowers insurance companies to enhance their customer experience and set up price policies more accurately. By automating policy administration and claims processing, insurers can reduce operational costs and increase customer satisfaction. Robotic Process Automation (RPA) cuts down on the time and effort required to process claims and boosts the accuracy of payments.
The most common types of insurance software development encompass policy administration, claims management, and customer relationship management (CRM) systems. Claims processing systems help insurance companies process and pay out claims. They typically include features such as claim status tracking, claim payments, and fraud detection, and aim at process optimization. Meanwhile, policy administration software is a foundation for numerous processes, from quoting and underwriting to policy issuance and renewal. Finally, CRM systems are designed to manage companies' customer relationships, including customer contact information and customer service requests.
Custom insurance software development varies depending upon the specific needs of the insurance company. However, some general tips can be followed to create a successful insurance software development strategy: Define the company's specific needs. Set up the scope, timeline, and tech stack needed for delivering to the project’s goals . Manage the project throughout the development process. Refine the outcomes and identify areas of growth.
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