Short answer
Infikey Technologies builds insurance software: agency and broker management systems, policy administration, claims management platforms, customer quote-and-buy portals and mobile apps. We integrate insurer and aggregator APIs, payment gateways, e-signatures and AI document extraction. Typical builds cost USD 30,000–120,000, depending on lines of business and integrations.
Updated · Written by the Infikey Technologies delivery team
Insurance software we build
- Insurance agency and broker software: leads, quotes from several insurers, policies, renewals, commissions and a customer portal.
- Claims management software: first notice of loss, document capture, surveyor assignment, approvals, settlements and fraud flags.
- Policy administration: product configuration, rating, underwriting rules, endorsements, cancellations and policy documents.
- Quote-and-buy portals and apps: online journeys for motor, health, travel or SME cover with payments and instant policy issue.
- AI document processing: extracting data from proposal forms, invoices, medical bills and repair estimates, with human review.
Regulation by market
| Market | Regulator and rules | What the software must support |
|---|---|---|
| India | IRDAI regulations for intermediaries and insurers, DPDP Act 2023, KYC norms, insurer APIs and Bima Sugam as it rolls out | Licensed-entity records, consent and data rights, KYC capture, audit trails |
| UAE | Insurance supervision under the Central Bank of the UAE (CBUAE), UAE PDPL, mandatory health cover rules in Dubai and Abu Dhabi | Licensed product records, data localisation where required, health insurance integrations |
| UK | FCA Handbook (ICOBS), Consumer Duty, UK GDPR | Fair value evidence, clear disclosures, complaint handling records |
| US | State insurance departments and producer licensing, NAIC model laws, GLBA privacy, state privacy laws | Licence tracking by state, privacy notices, secure document handling |
We build the software and the controls; your compliance team or advisers confirm the rules for your licence. We are a software company, not a law firm.
Insurance software cost
| Product | Budget (USD) | Budget (INR) |
|---|---|---|
| Agency or broker management system | 30,000–70,000 | 25–58 lakh |
| Claims management platform | 40,000–100,000 | 32–80 lakh |
| Quote-and-buy portal with one or two products | 25,000–60,000 | 20–50 lakh |
| Policy administration for an insurer or MGA | 60,000–120,000+ | 50 lakh–1 crore+ |
These are planning ranges, not quotes. Estimate yours with the custom software cost calculator.
Get an insurance software estimate
Tell us whether you are a broker, insurer or insurtech, your market and lines of business. We reply with a scope and range.
Where insurance software pays back
- Less re-keying: one customer record feeds quotes, policies, renewals and claims.
- Higher renewal rates through automatic reminders, pre-filled renewal quotes and one-click payment.
- Faster claims because documents, photos and approvals live in one workflow rather than email threads.
- Fewer leaks: commission reconciliation and claim checks catch errors and duplicate payments.
- Audit-ready records of advice, disclosures, consents and decisions.
How we deliver
- Process mapping with sales, operations, claims and finance teams.
- Data model first: products, policies, parties and claims designed before screens.
- Build in sprints, connecting insurer, payment and document APIs early.
- Security review with role-based access, encryption and audit logs, aligned with our cybersecurity practice.
- Migration and rollout by branch or product line, then ongoing support.