Fast-track insurance automation with advanced financial accruals and e-commerce product capabilities
Insurance Company Unives partnered with us to build a modern insurance automation system centered on financial transparency, fast release cycles, and online product distribution. The solution unifies sales, servicing, and finance—automating accruals and enabling the company to introduce new digital products for its online store. Despite extremely compressed timelines, the project was successfully delivered and continues to evolve
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Quick Facts:
  • Engagement: 2015 → Present
  • Client: Insurance Company Unives
  • Platform: Enterprise Insurance Suite (Web, Cloud)
  • Focus Areas: Automated financial accruals and accounting; Rapid delivery under tight deadlines; E-commerce product sales enablement; Long-term partnership and active maintenance
  • Team: 1 PM/BA, 3 Developers, 1 QA Engineer
Client Info:

Insurance Company Unives is a Ukrainian insurer providing retail and corporate products through both agent channels and digital platforms. The company focuses on innovation in financial reporting, product flexibility, and customer-centric service

Challenge:
  • Manual financial accruals and lengthy reporting cycles
  • Fragmented systems for policy management and product setup
  • Tight project deadlines and the need for phased releases
  • Desire to enable product sales directly through an online store
  • Requirement for continuous regulatory compliance and scalability
Solution:
  • Financial Automation: Implemented a robust accruals engine automating earned/unearned premium recognition and claims reserves, integrated with management and regulator reporting
  • Product Management for E-Commerce: Enabled configuration and launch of insurance products tailored for the company’s online store with real-time quote, bind, and payment flows
  • Rapid Development: Delivered the core modules within a highly compressed timeframe through parallel workstreams and agile iteration
  • Unified Core System: Centralized sales, servicing, and accounting data for consistent reporting and simplified operations
  • Continuous Partnership: Since 2015, Unives remains an active client with a valid license and ongoing system support under the UniVes platform
Business impact:

Accelerated Implementation: Core insurance automation delivered under short deadlines.

Financial Accuracy: Fully automated accruals reduced manual processing time and reporting errors.

Digital Expansion: Launch of online insurance products through integrated e-commerce flows.

Operational Consistency: Unified data improved internal transparency and regulatory confidence.

Long-Term Value: Continued collaboration ensures up-to-date functionality and compliance.

Team:
  • 1 PM/BA
  • 3 Developers
  • 1 QA Engineer
Call to action
Looking to automate your insurance operations—from accruals to online sales—within tight timelines?
Become a customer