Insurers Using Low-Code/No-Code Platforms for Mobile and Cloud-Native Application Development

New Novarica brief explores low-code/no-code applications and use cases in insurance; profiles vendors with experience supporting insurers

Boston, MA (June 2, 2020) – As insurers accelerate their digital transformation efforts, platforms that allow non-developers to participate in the development process can increase collaboration between the business and IT, while reducing time to market and cost. In a new report, Low-Code/No-Code for Insurers: Overview and Prominent Providers, research and advisory firm Novarica introduces low-code/no-code technology, explores applications and use cases in insurance, and profiles vendors with experience supporting insurers.

“Low-/no-code platforms offer a compelling alternative to traditional development environments,” said Martin Higgins, Vice President of Research and Consulting and co-author of Novarica’s new report. “During the COVID-19 pandemic, organizations have leveraged low-code/no-code platforms to develop and deploy digital workaround solutions in days to enable the shift to work from home. Such adaptations would have been impossible with traditional development tools and processes.”

Click here for the table of contents or to access the report.

Report Summary

This brief introduces low-code/no-code technology, explores applications and use cases in insurance, and profiles vendors with experience supporting insurers. Low-/no-code development platforms support the development of business software without the need for traditional computer programming. This can allow non-developers to participate in the development process, increasing collaboration between the business and IT and reducing time to market and cost.

Adoption of these platforms is rising as insurers accelerate their digital transformation efforts. Composite application and customer engagement are two areas where these platforms excel, along with broadening accessibility to mobile and cloud-native application development.

Vendors profiled include Appian, Kony, Mendix, Microsoft, OutSystems, Pegasystems, Salesforce, Unqork, and Zudy.

Click here for the table of contents or to access the report.

About Novarica

Novarica helps more than 100 insurers make better decisions about technology projects and strategy through retained advisory services, published research, and strategy consulting. Its knowledge base covers trends, benchmarks, best practices, case studies, and vendor solutions. Leveraging the expertise of its senior team and more than 300 CIO Research Council members, Novarica provides clients with the ability to make faster, better, more informed decisions. Its consulting services focus on vendor selection, custom benchmarking, project checkpoints, and IT strategy. For more information, visit www.novarica.com.

Source: Novarica

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