Where deep insurance expertise meets digital engineering — Virtusa accelerates next-gen Insurtech.
Virtusa drives innovation in insurtech product engineering by combining deep insurance expertise with advanced digital capabilities. It delivers end to end solutions built on cloud-native, API-first, and microservices-based architectures, from design and development to deployment. By enabling Customer 360, Agent 360, and Broker 360 experiences, Virtusa ensures seamless engagement across every channel.
AI-powered accelerators for underwriting, smart claims processing, and digital onboarding help reduce time to market and enhance operational efficiency. Insurance-focused Agile PODs enable scalable, iterative delivery, while seamless integration with leading platforms ensures ecosystem readiness. Backed by a proven track record with global insurers and insurtech disruptors, Virtusa empowers clients to launch innovative, compliant, and future-ready insurance solutions.
The insurance sector faces serious competition from digital-native competitors, customer expectations, and regulatory shifts.
The key hurdles that insurtechs currently face are:
- Legacy infrastructure restricting agility and innovation
- Fragmented customer journeys and lack of personalization
- Data silos and limited analytics capabilities
- Compliance complexities and rising cyber threats
- High operational costs and inefficiencies
At Virtusa, we partner with forward-thinking insurtechs to harness emerging technologies, streamline operations, and accelerate innovation, turning challenges into opportunities for growth.
We have built a comprehensive array of core technological capabilities and services required to deliver successful business transformation:
Digital engineering at scale
Agile pods, composable architecture, and modern tech stacks for scalable transformation.
Data-driven innovation
AI/ML-powered insights, data lakes, and real-time analytics to drive smarter decisions.
Cloud-native acceleration
Cloud-first frameworks and migration accelerators to unlock agility and resilience.
Experience-led transformation
Human-centered design to redefine customer and agent experiences.
Platform modernization
Fast-track modernization of core systems through accelerators and low-code/no-code tools.
Built on industry insights and innovation-first frameworks, Virtusa's solution features help insurers launch, scale, and optimize digital solutions quickly and precisely.
- Insurtech co-innovation lab: A dedicated environment for insurers to co-create and test insurtech solutions.
- Smart automation: Streamlined workflows using intelligent automation and process mining.
- RegTech integrations: Embedded compliance frameworks and real-time risk analytics.
- Composable APIs: Prebuilt, industry-specific APIs for faster time to market.
- Cloud migration toolkit: End-to-end tools to simplify and accelerate cloud adoption.
These integrated solutions deliver measurable business outcomes—enhancing agility, improving experience, and optimizing costs across the insurance value chain to achieve:
- Faster time to market: Launch new digital offerings faster with reusable assets and composable tech.
- Lower TCO: Reduce infrastructure and operational costs through cloud-native solutions and automation.
- Enhanced customer experience: Deliver personalized, omnichannel experiences across customer and agent touchpoints.
- Agility and scalability: Rapidly adapt to market changes and scale services on demand.
- Compliance confidence: Stay ahead of regulatory changes with built-in compliance and data governance tools.