Insurance Software Development Cost Trends for 2025

Insurance Software Development Cost Trends for 2025

Blog Article

Insurtech development budgets must account for AI-powered underwriting and claims automation features. Policy administration system modernization costs $400K-$3M, while customer self-service portals range from $150K-$700K. The guide examines 2025-specific cost factors like parametric insurance integrations, telematics data processing, and catastrophe modeling tools. Insurance CIOs will learn how to prioritize development spend between core system upgrades and innovative digital touchpoints in a competitive, regulated marketplace.