The insurance market is changing rapidly. Customers expect immediate service, partners demand seamless collaboration, and internal processes need to be more transparent and faster.
Yet, many insurers and brokers struggle with outdated systems, manual processes, and rigid packages that hinder innovation.
The solution isn't yet another off-the-shelf software package, but a customized solution that can deliver quickly and connects everything. That's where low-code insurance software comes in: applications developed in days to weeks, fully aligned with your processes, yet secure, compliant, and scalable. Thanks to Silicon Low Code, insurers like Allianz, VNAB, and AIG have been developing modern insurance software solutions for policy management, post-settlement, co-insurance, and customer portals for years.
Why low-code insurance software makes all the difference right now
The traditional IT approach is too slow for today's reality. Building a new workflow or portal often takes months, with long lead times, frequent meetings, and vendor dependencies.
Low-code insurance software breaks that mold.
It combines pre-built components (lists, forms, dashboards, workflow, document generation, security) with flexible custom code. This allows you to create a solution that fully integrates with your IT architecture in 2 to sometimes 100 times less time—depending on the situation—without lock-in or compromises on quality.
At Silicon, this is achieved through a modern 3-tier architecture with open APIs (OpenAPI and OData) and readable, extensible code. This means speed in development, stability in management, and freedom for the future.
What exactly is low-code insurance software?
Low-code insurance software is the development of a custom application that is largely visually structured. Instead of writing every line of code ourselves, we configure ready-made building blocks.
In record time low-code insurance software can include:
- clear policy screens and files;
- workflows for quotes, claims, or post-settlements;
- portals for customers, intermediaries, or co-insurance partners;
- customized reports and documents (Word, PDF, Excel);
- integrations with core systems, CRM, or external APIs.
Because everything in Silicon is generated based on open standards, the code remains fully customizable and yours. This way, you combine the best of both worlds: the speed of low-code with the reliability of traditional development.
Package vs. low-code customization: the reality for insurers
Most insurers have been using standard software packages for decades. These perform well, but fail as soon as processes deviate from the standard, which is often the case.
Think of specific clauses, different calculations, or exceptions in, for example, coinsurance. Low-code offers the missing link for insurance software here: you keep your core system intact, but automate the missing pieces around it, the processes that are currently still handled in Excel or email.
That's precisely why companies like VNAB and Allianz work with Silicon: because they want speed without losing their governance or landscape.
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Silicon low-code custom software
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View a detailed comparison of the development methods
For which processes does low-code deliver the most value?
Low-code delivers the most value where processes involve a lot of manual work, exceptions, and communication. Within the insurance industry, these are the top four with proven ROI:
1. Co-insurance and Quotation Process
In co-insurance projects, multiple insurers collaborate on a single policy. The quotation process involves many repetitive steps, data transfer, and document exchange.
VNAB uses low-code insurance software for its digital solutions in the co-insurance market, including Co-polis, a platform that enables a faster and more flexible quotation process, with direct connection to existing systems and back offices.
Result:
- Less manual work and retyping errors
- Shorter turnaround time
- Clear communication between parties
- Easy connection to existing platforms
2. Automating Post-Settlement
At Allianz, the annual post-settlement was largely performed manually.
By modeling the process in Silicon, from calculation to reporting, the entire flow has been automated with low-code insurance software. In figures: 14 hours saved per day, 95% processed digitally, <6 months from start to go-live.
Result:
- Structural time savings
- Fewer errors
- Clear audit trail
- Faster internal approvals
3. Policy management and renewals
Many companies have policy management spread across different applications.
With low-code, you can bring this all together in one clear system: statuses, tasks, automatic reminders, documents, and change alerts. Integration with CRM or the back office ensures that data always remains synchronized.
Result:
- One central truth
- Less email and Excel
- Higher data quality
- Shorter turnaround time for renewals
4. Portals for customers, brokers, and partners
A large part of communication with customers or intermediaries can be automated.
Low-code makes it easy to build portals with login, SSO, and permissions structure. Users can view the status of their files, upload documents, and receive notifications—all securely and GDPR-compliant.
Result:
- Improved customer experience
- Less inbound email
- Better data sharing, increased customer satisfaction
- Full audit logging
Governance, security, and compliance: speed with certainty
In insurance, security is not a secondary concern. Data contains personal data, financial information, and confidential customer details. Low-code solutions can also provide enterprise-level security that complies with the DNB, AFM, and GDPR frameworks.
Silicon's security measures include:
- SSO (e.g., Microsoft Entra ID) and two-factor authentication
- Data encryption in transit and at rest
- User-level logging and auditing
- Role-based authorization (least privilege)
- ISO 27001:2023 certification (organization)
- Data centers with ISO 9001/14001/27001, SOC 2, and ISAE 3000
- Support for OWASP security testing
- Full GDPR compliance with the "right to be forgotten"
This allows you to meet the strictest requirements without hindering development speed.
How quickly can you go live? The fast track to results
Do you want to create measurable value quickly? Then start by clearly documenting all requirements: data sources, process descriptions, authorization and role structures, sample data, and desired integrations with external systems. Once this input is ready, an experienced team can usually deliver a first working insurance application within a few weeks using Silicon Low Code.
Depending on the complexity of your processes and the necessary integrations, this application can serve as a proof-of-concept, pilot, or even the first release. You will then quickly gain insight into added value, performance, and user-friendliness, without months of development phases.
View an example of fast tracked low-code insurance software development
What are the concrete applications of AI combined with low-code in insurance software?
Once you have the foundation in place with low-code, the insurance industry, with its large amounts of data, opens up new opportunities to optimize processes with AI. Automated data flows combined with intelligence accelerate lead times, increase quality, and strengthen compliance. Below are some examples of processes where AI + low-code adds immediate value:
- Claims monitoring and prediction
- Fraud detection
- Automatic policy generation or change proposals based on products and history
- Dynamic premium calculation based on risk profile and data
- Smart search and application of complex clauses
Your step-by-step plan: Results in 3 steps
Low-code works best when you start small, learn quickly, and see proof in real-world results.
Based on dozens of projects in the insurance market, we see that organizations are most successful with these three steps:
1. Test small for big wins
Start with one specific process that is often performed manually, such as a quote or post-settlement flow.
Identify this clearly with a short process description, a data sample, a roles and rights matrix, and any integration requirements.
This way, the team can get started right away with a well-defined scope and measurable KPIs.
A small, manageable flow provides the longest learning curve and the fastest proof of value.
2. Assemble the right team
A strong result requires a compact, decisive team.
On the business side: a product owner with a mandate and a domain expert with practical experience. On the IT side: a developer experienced with Silicon Low Code and an analyst or UX specialist who can quickly translate between process and screen.
Together, they form the beating heart of your proof of concept.
3.Build and test the first proof of concept
In an initial sprint, the team develops a working application based on the chosen flow.This first version immediately demonstrates how quickly low-code delivers results: screens, workflows, and integrations are ready for testing with real users.
Feedback is collected, KPIs are measured, and you decide based on facts whether to scale to production.
This way, you have not just a promise, but tangible proof of speed, security, and value.
From idea to impact: the first step
Request an online demo or schedule a consultation focused on your insurance process. This way, you know exactly how much time, money, and risk you can save.
Contact us now
