InsurTech Rapid Innovation Lab

The InsurTech Rapid Innovation Lab, brought to you by founding partners Silicon Valley Insurance Accelerator and Insuresoft, provides world class design, development, and delivery resources that help insurance companies, startups, and vendors harness emerging technologies to forge breakthrough products and solutions.

What It Is

Help, design, develop and deliver Innovative InsurTech enabled Products, Solutions, and Services

Project Types

Proof of concepts, insurance products, enabling solutions & services, industry infrastructure , and platforms.

Focus

Harness emerging technologies to build innovative connected insurance products and enabling solutions

Capabilities

Market Research, Validation, Sandbox / Prototyping Environment, Design, Architecture, Development, Sourcing, Hosting, Outsourced Business Processes, Strategic Consulting.

Lab Benefits

Rapid design, development, & deployment of products and solutions
Reduce risk, time and costs of trying to implement internally, or to develop a team & partners from scratch.

 

On-Demand InsurTech Solutions.

Ready when you are.

 

Diamond Cloud

Secure, cloud hosting with Microsoft Azure. The affordable choice for insurers seeking a highly innovative, out-of-the-box repeatable, scalable cloud platform.

 

50 States in Less Than 9 Months 

Figo Pet Insurance, a Chicago-based startup, aspired to transform the booming pet insurance market. Figo transferred to us from another vendor with a critical deadline looming. We provided a contract and a statement of work in 30 days, and deployed a test environment in Diamond in 90 days. Our quick delivery and exibility enabled Figo to launch and begin issuing policies by their target date.

Production in Less Than 6 Months  

Diamond Specialty Insurance, a start-up MGA, went into production with Insuresoft in less than six months. “We researched over 15 systems and chose Insuresoft because we were impressed with [their] technology, team, and approach to implementation,” said Laura Crabill, CEO of Diamond Specialty. “Given the speed with which they implemented the system and got us into production, we understood they were committed to being our business partner, not just a vendor.”