Innowise Sp. z o.o logo

Insurance trader platform

enhanced

Innowise Sp. z o.o

Insurance trader platform

MNDA

SME
Company Type
Brussels, Belgium
Location
Project work
Engagement Model
6 - 10 people
Team Size
6 - 9 Months
Duration
$100K - $150K
Budget

About

Digital marketplace where customers, brokers, and independent traders compare insurance offers, check real-time prices, and buy policies in one visit. Instant quoting engine returns accurate rates within seconds, even with many risk factors. Supports niche products (short-term coverage, temporary liability, high-risk) without extra development. Serverless Azure architecture scales with traffic. Result: sales cycle cut from seven days to minutes.

Challenge, approach, and impact

Challenge and Scope

Slow, manual quotes: pricing depended on back-and-forth emails and multi-day approvals, making comparison painful and purchases take days. No support for niche products: short-term and high-risk policies required custom handling, blocking profitable segments. Our solution scope: a live trading marketplace replacing email cycles with instant quoting, real-time binding, and a flexible product engine for niche policy types.

How we built

Banking & Trading Platforms
Marketplaces
Web Apps
API
Integrations
Architecture

Testimonials

Peter

NDA

Verified Testimonial

“We needed a marketplace our brokers would actually use, and Innowise delivered exactly that. The quoting engine they built returned live rates faster than we thought technically possible, and binding a policy went from a week-long email chain to a single session. What impressed us beyond the code was how they handled our niche products: short-term and high-risk policies went live without endless rework, because the team engineered flexibility into the core from day one. Their architects pushed back when our assumptions were wrong, and they were right every time. A dependable, technically deep partner.“

Team structure

Client team

Peter's avatar

Peter

Product Owner

Daily point of contact

The client stakeholders were working closely with the team at Innowise Sp. z o.o

Agency team

1 x Tech Lead/ Architect's avatar

1 x Tech Lead/ Architect

Production

3 x Backend Engineer's avatar

3 x Backend Engineer

Production

2 x Frontend Engineer's avatar

2 x Frontend Engineer

Production

1 x QA's avatar

1 x QA

Production

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