10 Best Custom Insurance Software Development Companies in 2026

Best Custom Insurance Software Development Companies: General Overview

1. EPAM

EPAM is a publicly traded software engineering and IT consulting company founded in 1993 and headquartered in Newtown, Pennsylvania.

In insurance, it presents its services around digital transformation for insurers, reinsurers, brokers, and MGAs across property and casualty as well as life, group benefits, and annuities. Its visible strengths are scale, broad engineering capabilities, and the ability to combine software delivery with consulting, design, cloud, data, and AI work. That makes it particularly relevant for insurers undertaking large modernization programs, customer portal development, claims transformation, and process automation.

At the same time, EPAM is a broad horizontal technology services company rather than a pure-play insurance software vendor, so its offering is centered on custom delivery and transformation services rather than on a single insurance core platform product. For insurance companies undertaking significant modernization, buyers should expect to invest time in defining scope clearly, as the breadth of EPAM’s capabilities can make engagement model selection non-trivial.

• Founded: 1993
• Headquarters: Newtown, Pennsylvania, United States
• Core expertise: Custom software engineering for insurance, digital transformation, cloud and platform modernization, data and AI solutions, experience design, and insurance-focused transformation services for carriers, brokers, reinsurers, and MGAs

2. Openkoda

Openkoda provides insurance software development services supported by its own insurtech application platform, enabling insurers to build tailored custom insurance software solutions faster through prebuilt enterprise-grade components.

Its team uses the platform to design, develop, and deploy custom insurance applications while still following a traditional project model in which clients receive full source-code ownership and retain intellectual property rights. This approach meaningfully differentiates Openkoda from SaaS platform vendors — clients get the speed benefits of a pre-built foundation without long-term vendor lock-in, which is a notable concern in the insurance core systems market.

The company appears particularly well suited to MGAs, insurtech startups, and established insurers modernizing legacy systems that need faster delivery but cannot compromise on customization. Public materials position Openkoda as reducing development timelines through reusable modules and ready-made technical features, allowing clients to build custom insurance software from a production-ready foundation rather than starting from scratch.

Its insurance-focused modules include claims management, policy administration, embedded insurance journeys, and insurer portals. The platform also highlights enterprise capabilities such as role-based security, multi-tenancy, audit trails, workflow automation, document generation, reporting dashboards, REST APIs, flexible data models, cloud or on-premise deployment, and a Reporting AI feature for natural-language report creation.

• Founded: 2023
• Headquarters: Wrocław, Poland
• Core expertise: Custom insurance software development, claims systems, policy administration platforms, embedded insurance solutions, insurer portals, workflow automation, AI reporting, integrations, and legacy modernization

3. Cognizant

Cognizant is a large IT services and consulting company that works with insurers on modernization programs spanning policy administration, underwriting, claims, intake automation, analytics, and customer-facing digital services.

In the insurance sector, its profile is shaped by the breadth of its consulting and delivery model rather than by a single proprietary insurance product. This gives it range across both property and casualty and life and annuities, especially for insurers that need help updating legacy systems, improving operating efficiency, or scaling AI-related initiatives.

Its main strength is the combination of business consulting, engineering, and operational transformation at enterprise scale. Cognizant has also been expanding its AI-related delivery capabilities, including document processing and intelligent automation, which increasingly feature in its insurance software development solutions. As with other global service providers of this size, its insurance offering is broad and transformation-oriented, meaning buyers are typically engaging it for complex programs and managed delivery rather than for a narrowly specialized standalone platform.

• Founded: 1994
• Headquarters: Teaneck, New Jersey, United States
• Core expertise: Insurance digital transformation, platform modernization, underwriting and claims automation, document intake automation, analytics, cloud, and AI-enabled operational improvement for carriers

4. Stratoflow

Stratoflow is a custom software development company with a strong emphasis on high-performance engineering, and positions itself as one of the leading custom insurance software development providers in this space.

In the insurance context, it focuses on tailored software for policy management, claims-related workflows, modernization, and integrations rather than on a packaged insurance product. A notable part of its public positioning is its emphasis on high-performance software — particularly relevant for financial institutions and insurers that need to process large volumes of data with low latency or tight throughput requirements.

The company highlights scalable, modern Java-based systems and centers its work on speed, efficiency, and complex enterprise integrations. This makes Stratoflow a relevant choice for insurers looking for a custom development partner with a stronger-than-usual focus on technical performance and data-intensive systems — a differentiator that is easy to overlook when evaluating vendors primarily on domain coverage.

• Founded: 2013
• Headquarters: Wrocław, Poland
• Core expertise: Custom insurance software development, high-performance software engineering, system integrations, modern Java development, policy software, and enterprise modernization

5. Guidewire

Guidewire is a specialized insurance technology company focused entirely on the property and casualty (P&C) insurance market, and stands out on this list as a product and platform vendor rather than a general custom software development company.

Its core strength lies in widely adopted systems for policy administration, claims, and billing, combined with cloud, data, digital, and AI capabilities built specifically for P&C insurers. A significant asset is its large ecosystem of implementation partners and third-party integrations, which can reduce delivery risk for carriers adopting it at scale. This makes Guidewire particularly relevant for carriers looking for an industry-specific platform with proven market adoption and substantial implementation support.

At the same time, its model differs from providers that help insurers build custom insurance software from scratch: insurers typically adopt and configure Guidewire’s platform rather than develop fully bespoke systems. Organizations with highly non-standard processes or those requiring deep customization should weigh configuration limits carefully before committing.

• Founded: 2001
• Headquarters: San Mateo, California, United States
• Core expertise: P&C insurance platforms, policy administration, claims management, billing, cloud modernization, insurance data and analytics, digital distribution, and AI-enabled insurance tools

6. Endava

Endava is a technology services company founded in 2000 that works with insurers on digital transformation and delivers innovative solutions rather than selling a single insurance core platform.

In insurance, its visible focus is on building digital solutions that improve how carriers engage with customers and brokers — including client portals, self-service capabilities, and related digital journeys. The company also emphasizes themes such as embedded insurance, open insurance, and AI-led modernization in its insurance content.

Its strengths lie in combining software engineering with experience design and broader transformation delivery, especially for insurers looking to improve distribution, service, and digital operating models. Endava’s consultative approach can be a good fit for organizations that want to co-design their digital strategy alongside delivery, rather than hand off a fixed specification to a build team. As with other multi-industry service firms, its insurance proposition is primarily project- and partnership-based rather than product-led.

• Founded: 2000
• Headquarters: London, United Kingdom
• Core expertise: Technology services, digital transformation, software engineering, AI-enabled delivery, client portals and self-service solutions for insurers, plus broader work in embedded and open insurance models

7. ScienceSoft

ScienceSoft is an IT consulting and software development company — one of the more established insurance consulting firms on this list — with a dedicated insurance practice that it says has been active since 2012.

In the insurance segment, it presents itself as a provider of custom systems for underwriting, claims management, policy administration, customer and partner portals, and related automation. Compared with some larger global consulting firms, its positioning appears more delivery-focused and service-specific, with clear emphasis on end-to-end software engineering and IT consulting rather than on broad transformation messaging.

That makes it relevant for insurers looking for a partner to build or modernize operational software without necessarily engaging a very large enterprise consultancy. Its long tenure across insurance workflows — over a decade of dedicated practice — is worth noting for buyers who want a partner with accumulated domain knowledge rather than a generalist team ramping up on insurance context.

• Founded: 1989
• Headquarters: McKinney, Texas, United States
• Core expertise: Custom insurance software development, insurance IT consulting, underwriting and claims systems, policy administration software, portals, workflow automation, integration, QA, and application support

8. Globant

Globant is a digital engineering and IT services company founded in 2003 that positions its insurance offering within a broader financial services and AI-led transformation practice.

For insurers, its visible emphasis is on digital customer experience, AI and GenAI adoption, embedded insurance, and modernization of operating models rather than on a dedicated insurance core system product. A practical strength is its ability to connect insurance work with wider digital product and customer-experience expertise — particularly useful for carriers seeking to differentiate on customer engagement rather than solely on operational efficiency.

As with other large cross-industry engineering firms, its insurance proposition is service-led and consultative, so it is typically evaluated as a transformation partner rather than as a specialist insurance platform vendor. Organizations in the insurance industry prioritizing GenAI experimentation or rapid digital channel development may find Globant’s capabilities especially well aligned.

• Founded: 2003
• Headquarters: Luxembourg City, Luxembourg
• Core expertise: Digital engineering, AI and GenAI transformation, customer experience, embedded insurance, and custom transformation services for financial services and insurance organizations

9. 10Pearls

10Pearls is a digital product development and technology services company that works across multiple industries, including financial services and insurance.

Rather than positioning itself as a dedicated insurance software vendor, it focuses on helping organizations design, build, modernize, and scale custom insurance software solutions. In insurance-related work, its strengths are most visible in areas such as application development, customer experience, AI adoption, cloud transformation, cybersecurity, and data-driven modernization. The explicit inclusion of cybersecurity in its core offer is worth highlighting — an area that is increasingly important for regulated industries handling sensitive policyholder data, yet often treated as an afterthought in software development engagements.

As with several firms on this list, its insurance proposition is primarily service-led rather than centered on a proprietary core insurance platform.

• Founded: 2004
• Headquarters: Vienna, Virginia, United States
• Core expertise: Custom software development, digital product engineering, AI solutions, cloud modernization, cybersecurity, customer experience design, mobile and web applications, and enterprise transformation for regulated industries including insurance

10. Intellectsoft

Intellectsoft is a insurance software development services and digital transformation company that presents insurance software development as one of its industry-focused service areas rather than its sole specialization.

In insurance, the company emphasizes custom solutions for claims processing and policy management, customer and partner portals, mobile applications, chatbots, analytics, and supporting business platforms. This makes it more comparable to a broad custom engineering partner than to a dedicated insurance product vendor.

A practical strength is the range of delivery capabilities it brings across enterprise software, mobile, cloud, AI, and consulting — which can be relevant for insurers looking to combine customer-facing applications with operational efficiency improvements in a single engagement. At the same time, its insurance offering appears service-led and cross-functional, so buyers should expect to drive domain specificity from their side rather than relying on deep out-of-the-box insurance expertise.

• Founded: 2007
• Headquarters: New York, USA
• Core expertise: Insurance software development, digital transformation, claims processing and policy management solutions, portals and websites, mobile apps, chatbots, data science and analytics, and enterprise platform development

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