Core insurance broker platform built entirely offshore

ThoughtWorks helped Insurecom to develop a highly complex new software application – agencyPlus - for a rapidly evolving market. Built by a 65-person team based in the UK and India using Agile practices adapted by ThoughtWorks for offshore teams, agencyPlus since its first release has been driving rapid growth for Insurecom and leading the industry in sales.

Click here to watch the Insurecom Video

“Industry experts explained to us that it was not feasible to build a system with this breadth and depth of functionality from the ground up. We are competing with products that have taken years to develop, many of them over 20 years. Not only did we get a fantastic product to market in a short time that embraces all the functionality our clients need, we are adding unique functionality that reflects the latest changes in a rapidly evolving marketplace. This includes automated regulator compliance, automated business processes, transactions on-line with customers and partners, and new innovative products to maintain competitive advantage. We are now making the largest sales in the Company’s history. ThoughtWorks has been an instrumental partner in the success of agencyPlus and helped bring our vision for an exciting and innovative product to market. I will whole-heartedly recommend the ThoughtWorks’ approach to anyone.”

Results and Benefits:

• 18% of general insurance brokers across the UK now exclusively use Insurecom software, and month-on-month revenues grew by more than 30% during 2008. Today, agencyPlus is the fastest growing broker software system in the UK, and will shortly be launching in Canada.
  

• Insurecom got a functionally rich, technically complex application to market faster than industry insiders thought possible.
  

• Total transparency in development process ensured close collaboration and kept Insurecom constantly updated on progress.
  

• Changes in requirements were accommodated throughout the project, enabling Insurecom to set their sights higher as work progressed.
  

• Automating build, deployment and testing helped maximize efficiency and quality.