Openkoda | Insurtech Platform

Did you know it takes 6-9 months on average to build and test a new insurance product - and often costs $400,000 to $900,000 in development? For many insurers and MGAs, that timeline and price tag simply aren’t feasible. Not when products need constant updates. Not when partners expect digital journeys immediately. And definitely not when legacy systems and complex integrations are already slowing them down. But what if the development process itself didn’t have to be the bottleneck? Modern insurtech platforms like Openkoda speed up the custom insurance software development process by up to 60%, offering massive savings and faster TTM. 🚀 If your organization is struggling with long tech cycles, escalating costs, or legacy constraints, this one might spark a few ideas.👇 #insurtech #insuranceinnovation #insurance #insurancesoftware

By the end of 2025, one uncomfortable truth became clear: around 90% of AI pilot programs in insurance failed to generate real value. Not because AI doesn’t work - but because most projects were unfocused experiments, poorly integrated, or built on top of systems that weren’t ready for them. And that’s exactly what's shaping digital transformation in 2026. Insurers are increasingly moving toward something more mature: greater focus on real pain points, more customizability, and real ownership of the underlying code and architecture. If you’re rethinking how modernization should actually happen - and how insurers can deploy custom software up to 60% faster in 2026 check out our latest guide. 👇 #insurtech #insuranceinnovation #insurance #insurancesoftware #digitaltransformation

Specialty MGAs have some of the most interesting products in insurance… and some of the hardest technology challenges. Cyber, marine cargo, bloodstock, parametric - none of these fit neatly into the traditional P&C boxes that most software was built for. And when your products change every few months, the tech that once felt “solid enough” suddenly becomes the thing slowing you down. The choice has usually been a painful one: ⚡ go custom (powerful but slow and expensive), or ⚡ go off-the-shelf (fast but rigid and limiting). Neither option really works for specialty lines. Luckily, there's an alternative, a third-way - platform-powered approach that lets MGAs launch and evolve products far faster without sacrificing flexibility. If you’re in specialty insurance and you're wrestling with outdated tools, rigid systems, or endlessly changing workflows… this one is for you.👇 #insurtech #insurancesoftware #insuranceinnovation #MGA #insurance

Ever feel like your insurance business is being held back by outdated systems? You’re not alone. MGAs and insurers everywhere are dealing with the same pain: fragmented data, slow product launches, integrations that take months instead of days… and a tech stack that wasn’t built for the world we’re operating in now. The truth is, innovation doesn’t fail because teams lack ideas. It fails because the foundation can’t support them. That’s why modern insurance core platforms are becoming such a game-changer - especially the ones that give you speed without locking you in. If you’re thinking about modernizing your stack, launching new products quicker, or escaping the “legacy gravity,” this might be worth a read.👇 #insurtech #insurancesoftware #insurance

MGAs are unique players in the insurance market. With delegated authority, they have the flexibility to focus on specialized sectors like pet insurance, cyber liability, marine cargo, or event cancellation. But specialty insurance is both an opportunity and a challenge. How do you design, deploy, and operate digital insurance products for such niche markets? These companies need access to flexible, customizable platforms that let them launch tailored software - without long delays or overspending. That’s exactly what Openkoda was built for! 🚀 Explore how we support MGAs with custom software development in the slides below. 👇 #insurtech #insurancesoftware #insurance

Insurers and MGAs can’t afford to waste time and budget on year-long development cycles just to modernize their tech stack. With a customizable core platform like Openkoda | Insurtech Platform, you can reduce months of development to just weeks - thanks to its extendable application core. It provides a solid, scalable foundation for enterprise-grade applications, so you can focus on the features that truly matter to your business. Faster deployment → Quicker results → Better ROI Ready to accelerate your development? Let’s talk. 🚀 #insurtech #insurancesoftware #insurance

If you wanted a suit tailored to your exact taste and fit, you'd go to the best tailor in town. It should be the same with custom insurance software. The insurance industry, especially when it comes to specialty lines, demands more than just technical expertise. It requires a deep understanding of its complex inner workings. Claims settlement, bordereaux, FNOL, underwriting rules - these are part of daily operations for insurers. Your software vendor should be able to translate these concepts into clean, reliable code. In our latest article, we’ve rounded up 8 of the best custom insurance software development companies to watch in 2025. 🚀 #insurtech #insurancesoftware #insurance

The insurance sector is incredibly nuanced, and standard off-the-shelf software often fails to match insurers’ unique workflows. Custom development sounds like the solution - but it comes at a high cost. Beyond core features, there’s role management, audit trails, integrations, environment setup… all the basics that still eat up time and budget. By the time you’re done, the project can easily cost twice as much. A nightmare. That’s why we built Openkoda - a modern development platform that enables cost-effective, fully customizable builds. You get full flexibility and control, with significantly faster delivery. 💡 Want to know how to launch enterprise-grade insurance systems in half the time and cost? Check out our latest guide on custom insurance software development! 🚀 #insurancesoftware #insurance #insurtech

Mutual insurers are among those struggling the most with legacy software. That’s partly because they face unique challenges - from state-specific regulations to insuring highly specialized assets. All of this makes replacing decades-old systems a real challenge. In our latest guide, we explore how mutual insurers can overcome these hurdles - what kind of systems they need most, and how to modernize without breaking the bank. Running a mutual insurance firm or another specialty line? This one’s a must-read. #insurance #mutualinsurance #insurtech

MGAs are outpacing the broader insurance market in 2025. Carrier Management reports that in 2024 U.S. MGA direct premiums written rose ~16% to $114.1B, while the overall P&C market grew ~10%. Why the surge? Specialization + flexibility. MGAs that focus on niche/specialty products move faster, tailor coverage more precisely, and partner fluidly for capacity. But that focus also raises the bar for their tech. Day-to-day operations demand software that’s configurable, interoperable, and fast to launch - not legacy systems that slow you down. In our latest guide, we show how MGAs can build and deploy custom management systems up to 60% faster than traditional approaches. Curious? Check out the full guide here 👇 #insurtech #insurancesoftware #mga #insurance