Instasure – Embedded Insurance System

Instasure – Embedded Insurance System

1. Project Information

Project Name : Instasure – Embedded Insurance System

Project Type : SaaS / Web Platform / API Integration

Project Duration : December 2020 – Present (MVP launched April 2021)

Client / Stakeholder : DNS Software Limited / Instasure.xyz

Team Members : 15+

Project Manager : Rakibul Islam

Lead Developer : Md. Robeul Islam

UI/UX Designer : Sabbir Rahman

System Architect : Anwarul Kabir

2. Project Description

Project Overview
Instasure is Bangladesh’s first embedded insurance-as-a-service platform that empowers fintechs, logistics providers, OEMs, and e-commerce platforms to digitally distribute micro-insurance products through seamless APIs, QR codes, and plug-ins.

Project Goal / Purpose
To enable fast, scalable, and inclusive insurance access across Bangladesh by digitizing claim workflows, reducing settlement time, and modernizing the traditional insurance ecosystem.

Key Challenges
Integration with legacy insurance systems
Enabling partner onboarding across various infrastructures
Reducing claim processing time from months to days

Technology Stack
Frontend: React.js, Bootstrap, HTML5, CSS3, jQuery
Backend: Node.js, Laravel
Database: PostgreSQL
Hosting: AWS
Other Tools: RESTful APIs, QR Module, Moment.js, NGINX, Let’s Encrypt

3. Key Achievements

Processed over 500,000 digital insurance policy interactions
Reduced claim processing from 60–90 days to just 5–7 days
Integrated 10+ partners across fintech, OEM, and retail sectors
AI-based fraud detection and instant claim disbursal launched in beta

4. Media Checklist

5. Results & Feedback

Client Testimonial / Feedback
“Star IT delivered a mission-critical system that helped us digitize our product delivery and claim cycle. Their speed and tech depth were exceptional.” — Instasure Product Lead

Outcome Summary / Results
National press coverage for digital textile The platform revolutionized micro-insurance delivery in Bangladesh, enabling real-time claims, increasing insurance penetration, and significantly reducing the technical barrier for insurers.

6. Tags & Keywords

#InsuranceTech #SaaS #APIIntegration #ClaimAutomation #BangladeshInsurTech #EmbeddedFinance #DigitalInsurance #StarInfoTechLLC #CRM #RapidDeployment

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