How Insurance Sector Leveraged Ruby on Rails For Web Apps

Ruby on Rails is a technology widely used for developing websites and web apps. The implementation of RoR has become a major factor in delivering feature-rich web apps for insurance companies. In recent times, the insurance sector is considered to be one of the major tech-adopting sectors.

The insurance industry has implemented a wide range of innovations, that includes RPA, AI, etc. to enrich its technological capabilities. The insurance sector spent a whopping $180 billion on IT services in the year 2016. Leveraging RoR, the insurance sector has advanced its mobile application infrastructure and eased the process of answering customer queries, claim processing as well as billing and payments.

Advancements in Insurance Sector After RoR

RoR enables insurance companies to upgrade their payment gateways by providing a UI that is completely user-friendly. Insurance companies can adapt these payment gateways to mobile & desktop applications, making insurance payment much easier for the customers.

Insurance companies can build applications depending on their buyer persona using Ruby on Rails and create custom packages to better serve their customers. It allows developing packages and provides comparative analysis that can offer insurance options to customers as well.

With the help of RoR, insurance companies can build an application that can render quotes in just a few steps. RoR is a cost-effective method to offer a unified experience to the customers on the desktop and mobile platforms. It is extremely important because the points of customer interaction in the insurance sector have presented some major challenges. Customers increasingly chose companies that offer web application, which is easy to use and offer capabilities for quicker insurance choices.

Insurance companies can manage customer’s insurance claim data effectively with RoR based applications. After RoR became a part of the insurance sector, the time taken to process a claim is reduced, and it significantly increased the number of claims processed in a day.

Will RoR be a leading Insurtech?

After the adoption of Ruby on Rails into the insurance sector, RoR rose in popularity and became the most sought-after technology by insurance companies to improve their mobile app functionalities. RoR is capable of enriching the technological capabilities of insurance providers through mobile applications. Right from customer interactions to payment gateways, the insurance companies took care of various complex aspects and simplified them using RoR.

In the Smartphone era, customers are solely dependent on mobile applications. Therefore, most of the insurance companies are looking forward to working with RoR for web app development to deliver feature-rich apps to their users and increase their ROI.

After building applications on the RoR framework, insurance companies can easily customize it further without any pressure. It helps the insurance companies to improve their customer retention rate.

At TechAffinity, we leverage Ruby on Rails for web apps to add value to our client’s business. We align ourselves to make sure that our client benefits the most out of our engagement.

Drop us an email at media@techaffinity.com and let’s discuss how we can help take your business to the next level.