Development Time without Xamun
36 weeks
Development Time with Xamun
8 weeks
"An insurance company wanted to launch its own cyber insurance brokerage platform fast, without the risks and costs associated with building one ground-up.
A cyber insurance brokerage platform is an online system that helps businesses find the best cyber insurance policies for their needs. It connects businesses with their partner cyber insurance brokers who can provide tailored advice and guidance on which policies are best for them.
Launching their own cyber insurance brokerage platform has various advantages for the client, but they required specific features that no off-the-shelf solution can deliver and will take time, money, and effort if built from ground up. "
Challenges
The project has unique requirements that cannot be met by off-the-shelf solutions. These include:
Quick and easy coverage application
Prediction capabilities for coverage needs and risk levels of customers
Access to Broker Support team to help manage cyber risk for existing and prospective customers
Provide potential customers with a tailored list of cyber risk prevention and improvement recommendations for better policy terms
A ready-to-use financial damage calculator that outlines insuring limits for each insured client
Solutions
•XamunAI-assisted Software Development: Xamun’s expert team of engineers and project managers co-designed, built, and launched the custom ecommerce platform using AI and bots
Results
Xamun worked closely with the client to help develop the cyber insurance brokerage platform and launched the platform in only 10 weeks through:
Forced MVP approach
Xamun industry-ready templates
Xamun team's Industry expertise