IoT Development built for Insurance companies
What is IoT Development?
We connect physical devices to software that operations teams actually rely on daily. For Insurance companies, this means navigating NAIC regulations (US), Solvency II (EU) while shipping fast.
Who needs IoT Development for Insurance?
- Manual claims processing slowing settlement
- Legacy policy administration systems
- Risk modeling requiring better data infrastructure
- Devices generating data nobody acts on
- Unreliable connectivity in field conditions
Best IoT Development company
Claims processing speed and risk modeling accuracy now directly drive customer retention in insurance.
If your Insurance business needs IoT Development, we've already solved most of the hard parts.
Talk to our Insurance IoT Development specialists this week
Book a free 30-minute discovery callThe real cost of getting IoT Development wrong in Insurance
- Manual claims processing slowing settlement
- Legacy policy administration systems
- Risk modeling requiring better data infrastructure
- Customer expectations for digital-first experiences
- Fraud detection across claims workflows
How we tailor IoT Development to what Insurance teams actually need
Device firmware and edge software
Cloud-to-device communication layer
Real-time monitoring dashboard
Predictive maintenance algorithms
Device fleet management system
Core Technology Stack
MQTTAWS IoT CorePythonC++Node-REDInfluxDBGrafana
Timeline, investment & compliance
Typical timeline
10-20 weeks
Typical investment
$35,000 - $220,000
IoT Development engagements in this combination typically need to account for:
- NAIC regulations (US)
- Solvency II (EU)
- GDPR
- State insurance licensing requirements
Our Approach
We approach Insurance builds around the constraint that matters most: manual claims processing slowing settlement. Every engagement in this space gets NAIC regulations (US)-aware data handling and compliance review before launch, not after.
See our case studiesTalk to our Insurance IoT Development specialists this week
Get a free project cost estimateFrequently Asked Questions
Most IoT Development engagements take 10-20 weeks, depending on scope and how clear the requirements are upfront. We'll give you a firm timeline estimate after a short discovery call, not a generic range.
IoT Development projects with us typically range from $35,000 - $220,000, scaled to the complexity of your requirements. We provide a detailed, itemized estimate before any work begins so there are no surprises mid-project.
For iot development, we typically work with MQTT, AWS IoT Core, Python, C++, chosen based on your specific scalability and integration requirements. We're not tied to a single stack and will recommend the right tools for your situation rather than our default.
A typical iot development engagement includes device firmware and edge software, along with the other deliverables outlined in our proposal, such as documentation and a post-launch support window. The exact scope is tailored to your project during discovery.
Most clients come to us for iot development because of devices generating data nobody acts on, among other related challenges. We start every engagement by mapping your specific pain points before writing a single line of code.
We've delivered multiple insurance projects addressing challenges like manual claims processing slowing settlement. We helped an insurtech platform cut claims processing time by 40% with an automated underwriting workflow.
For insurance clients, we pay close attention to NAIC regulations (US), Solvency II (EU), building these requirements into the architecture from day one rather than retrofitting them later. We'll confirm which specific regulations apply to your business during discovery.
The most common challenges we solve for insurance clients include manual claims processing slowing settlement and legacy policy administration systems. We tailor our discovery process to surface the specific version of these problems your business faces.