Insurance Technologies

What Insurance Technologies does

Insurance Technologies, Inc. is a private, founder-owned software development firm headquartered in Plantation, Florida, that delivers turn-key custom software solutions exclusively to the insurance industry. Operating since 2011 with 11–50 employees, the company positions itself as a vertical specialist, combining insurance domain knowledge (underwriting, risk quoting, exposure management) with application development capabilities to build client-specific systems where off-the-shelf products fall short.

The firm's portfolio spans three complementary offerings: Custom Software Development (personalized builds tailored to client workflows), an Innovative Technology platform enabling underwriters and agents to instantaneously quote risks from any location, and Exposure Management Solutions that deliver actionable information to underwriting and analytics teams for improved risk selection and portfolio performance. The company does not describe underlying platform architecture in detail; technology is presented at the level of product outcomes rather than technical components.

Insurance Technologies generates revenue through professional-services engagements — quote-based custom development projects for insurance carriers, agents, and underwriters — with no disclosed SaaS subscriptions, licensing, or platform fees. Go-to-market is direct enterprise sales, supplemented by a modest organic digital presence (LinkedIn, Twitter, GitHub). The company states a deliberate philosophy of organic, relationship-driven growth and reports no venture capital or private equity backing, no parent company, and no disclosed partnerships, acquisitions, or international operations.

Name

Insurance Technologies

Legal name

Insurance Technologies, Inc

Website

https://instechnologies.net

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Insurance Technologies, Inc. is a private, Plantation, Florida-based software development firm that delivers turn-key custom software, risk-quoting tools, and exposure-management solutions exclusively to insurance carriers, underwriters, and agents in the U.S.

Ownership category

akta.pro rank

Product category

Insurance Software Development

NAICS

Other Insurance Related Activities (52429)

SIC

Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)

Keywords

• Insurance software development
• Custom software solutions
• Risk quoting technology
• Exposure management
• Underwriting technology

Headquarters

HQ city

Sunrise

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Custom Software Development Services: Turn-key software development services providing personalized solutions to insurance sector clients. Revenue is generated through custom software projects tailored to specific business requirements.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Insurance Technologies provides turn-key custom software development services tailored to the insurance industry. The company designs and builds personalized software solutions for insurance businesses, underwriters, and agents, including capabilities for real-time risk quoting and exposure management analytics. Its core offerings combine deep insurance domain expertise with software and application development capabilities.

Product overview

Insurance Technologies provides turn-key software development services for the insurance sector, operating as a specialized provider that combines software development expertise with deep insurance industry knowledge. The company's portfolio consists of three core offerings: Custom Software Development (tailored software solutions for business-specific needs), the Innovative Technology Platform (enabling real-time risk quoting for underwriters and agents), and Exposure Management Solutions (providing actionable analytics for risk selection and portfolio performance). These products work together to deliver comprehensive insurance technology solutions that transform business ideas into operational software systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Software Development

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Insurity: Insurance software and analytics provider serving P&C carriers with policy administration, underwriting, and exposure management solutions — overlaps with Insurance Technologies' exposure management and rating focus at much larger scale.
• Duck Creek Technologies: Cloud-native insurance SaaS provider for underwriting, policy, billing, and claims — a major productized competitor that increasingly absorbs custom-development budgets for mid-market and tier-2 carriers.
• Guidewire Software: Dominant core insurance platform vendor (PolicyCenter, ClaimCenter, BillingCenter) used by most tier-1 carriers — represents the broader platform incumbents whose productized SaaS offering competes against custom insurance software builds.
• Vertafore: Insurance software platform serving agents, brokers, and carriers with rating, agency management, and workflow tools — adjacent incumbent whose quoting and exposure tools compete with Insurance Technologies' productized offerings.

Direct peers

• Synpulse: Insurance-focused management and technology consultancy building underwriting, claims, and digital distribution solutions — closely comparable niche insurance-software services peer.
• Xoriant: Software product engineering and digital transformation services firm with insurance-industry clients; comparable in providing custom software development to insurance carriers and insurtechs.
• Xceedance: Insurance-focused technology and operations services firm offering custom software, data, and analytics solutions to carriers — directly comparable to Insurance Technologies' boutique insurance-software delivery model.
• Damco Solutions: IT services firm with a dedicated insurance technology practice providing custom software development, underwriting, and claims solutions to insurance carriers and brokers — comparable vertical specialization.
• Coforge: Global IT services company with a strong insurance vertical offering custom application development, underwriting platforms, and digital transformation to carriers and insurers — directly comparable insurance-software services.
• Mphasis: IT services provider with a dedicated insurance practice delivering underwriting, claims, and policy administration software services to P&C and life carriers — comparable delivery model at larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/instechno
• GitHubgithub.com/insurance-technologies
• LinkedInlinkedin.com/company/insurance-technologies-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Insurance Technologies