Redefining Enterprise Insurance: Idelsoft and Koop Technologies
Description
Idelsoft, a seasoned software development company, partnered with Koop technologies, a New York-based startup specializing in commercial enterprise insurance. From the project's inception, Idelsoft was the sole team responsible for developing Koop's web solutions. The project commenced with an Inception session where goals were outlined, and a comprehensive Roadmap was established.

Following the planning phase, the team dedicated one month to produce and release a Proof of Concept (POC) and a Minimum Viable Product (MVP). After successfully completing the initial phase, the project transitioned to developing individual features, including UI design, back-end development, and integrations with payment and Admin Management systems.
Challenges
Understanding and implementing the intricate requirements of commercial enterprise insurance posed a significant challenge. The team had to complete the POC and MVP within a strict one-month timeframe, which required meticulous planning and execution. Seamlessly integrating with existing payment gateways and CRM systems was another hurdle. Additionally, ensuring the platform could scale with the startup's growth while designing an intuitive and user-friendly interface for clients was crucial.

Service
The process began with an Inception session to define goals and create a detailed Roadmap, ensuring all stakeholders were aligned. During the one-month phase dedicated to producing the POC and MVP, the team focused on creating and releasing the initial versions of the product.

Following the successful MVP launch, Idelsoft moved on to developing individual features. This included crafting an engaging and intuitive user interface, building a robust back-end to handle complex insurance processes, and implementing seamless integration.

Technologies used:
The frontend was crafted using React.js for building a responsive and dynamic user interface. This framework was chosen for its performance and flexibility, enabling the creation of an engaging and intuitive experience for users.

The backend was built using Java, providing a robust and scalable architecture to handle complex insurance processes. The team focused on ensuring high performance and reliability, essential for a commercial enterprise insurance platform.

Seamless integration with existing payment gateways and CRM systems was achieved using RESTful APIs. This approach ensured smooth communication between different components of the system, enhancing overall efficiency.

To support scalability and reliability, the platform was deployed on Amazon Web Services (AWS). Services such as EC2 for virtual server hosting, S3 for storage, and RDS for database management were utilized. This cloud infrastructure provided the necessary resources to handle increasing user loads and data storage requirements.

A comprehensive testing strategy was implemented to ensure the platform's quality and reliability. This included unit testing, integration testing, and end-to-end testing. Automated testing tools such as Selenium were employed to streamline the testing process and identify potential issues early in the development cycle.

Team:
  • 2 Full Stack Developers
  • Product Designer
  • QA Engineers
  • Project Manager
Result
The platform, now feature-rich and with seamless integrations, received favorable feedback for its user-friendly interface and efficient performance. The use of modern technologies and cloud services ensured a robust and scalable solution, positioning Koop.ai for long-term success in the commercial enterprise insurance market.

Koop.ai has raised a total of $7 million in venture capital funding from AlleyCorp, Ubiquity Ventures, Bee Partners, Hyundai Motor Company and Kia Corporation. These investments have helped Koop.ai to advance its innovative approach to commercial enterprise insurance, focusing on integrating technology solutions to streamline and enhance the insurance process for businesses

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