How much does it cost to develop a mobile app?

"Quick and dirty" Proof of Concepts are available within 3 weeks and budget of EUR 15 000. Fully scalable apps take 3 months and EUR 60 000 for an MVP. Call us to get a quote for your app.

How long does mobile development process take?

Most cases a minimum of one month is required to create a Proof of Concept and 3 months for a Minimum Viable Product that can be launched.

How long does it take to set up and start the work?

Typically it takes anything between 1 to 3 months to set up a fully cross-functional team, including technical architect, ux/ui designers, developers, QA and agile project manager. If time is of importance for you, we can always start faster with a smaller team and speed up the development by ramping up in the next months.

Finance and insurance

Enhance your customers’ financial experience. Use artificial intelligence to understand them better and minimise risks in the process of compiling insurance quotations.

MakoLab has been developing finance and insurance digitisation for more than a decade now, as our track record of implementations around the world bears out. Our solutions support our clients’ customers in their day-to-day financial management. We invest in FinTech and InsurTech R&D and build solutions that take the services they cover to a completely new level.

Supporting buyers’ decisions

We provide top-end online tools to help your customers make their purchases on the best possible terms:

financial simulators
budget calculators
online credit-scoring solutions
credit / leasing procedure
multi-purpose calculation engines

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Optimising the development process for insurance quotations

We supply the insurance sector with omnichannel solutions supporting the process of compiling quotations online. They come with built-in, high-quality customer experience, the presentation of a wide range of insurance products and an automated risk-assessment process. The multilayer integration with bank systems and databases ensures a reduction in the time required to process quotations.

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AI solutions custom-designed for the insurance sector

MakoLab’s financial and insurance sector experts work hand in hand with our R&D department to develop engines which are based on artificial intelligence and are designed to enhance effectiveness and reduce risk for insurance providers. We work to create powerful tools customised to help insurance companies calculate insurance costs and optimise quotations based on all the data and market signals available from online sources.

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We understand what the financial and insurance sectors require

We offer solutions that can bring together and encompass each financial or insurance operation.

Financial and insurance institutions

We employ cutting-edge technologies to optimise your business for the benefit of your customers, covering:

operations, sales process and cost reduction
price optimisation
marketing and sales
business performance
Proof of Concept projects for innovative solutions

Agents

We will enhance the collaboration between you and your agents by helping them to deliver top-quality customer service and stay ahead of specific customer needs. Our solutions will service your:

product and price personalisation
claim management optimisation
marketing and sales
support of the purchase decision process

Self-service for customers

Our self-service solutions help your customers assume the key role in their finance and insurance management and enhance the efficiency of your relationship with them by providing

OCR technology
online claim management
web & mobile apps
the highest possible standards of security
data processing management

We build custom-designed solutions

Makolab offers customised, state-of-the-art solutions meeting our clients’ advanced IT requirements. Over the past twenty years, we have developed a number of tailor-made systems that help them and our partners to achieve their business goals. Here is a sample of our range of work:

A customer-led,
online insurance
platform A functional, online, customer-oriented sales platform created for Scandinavia’s largest insurance group. The platform offers a wide range of insurance products and is based on an advanced, comprehensive solution designed to deliver a premier customer experience.

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Added value, more time and less toil for insurance companies LICOSS is our breakthrough solution for insurance businesses. It provides automation and significant reductions to customer service timing, adding value for the company and its customers alike.

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Rapid, effective
claim management
(PoC) Our solution, which automatise a crucial part of the loss adjustment process and reduces service costs, providing stability 24/7 and makes much better use of the data and information available.

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AI modules in Insurance industry

We provide expert know-how and technology skills

Our profound technical and business knowledge of the finance and insurance market covers:

a variety of financial and insurance products, including specific legal / national requirements
API integration with banking systems / point of sales / 3rd-party providers
API and front-end integration with car configurators and offer pages, including different vehicle ID conventions
our own calculation and scoring engines
back office applications / administration panels for business users
front-end solutions for end customers; budget calculators, financial simulators, insurance calculators and credit scoring systems

Our experienced, stable team consists of of experts in:

business analysis; direct cooperation with headquarters, more than 15 national branches and other agencies
technical architecture
user experience and design
front-end technologies; JS, React and Angular
Back-end technologies; Java, C#, Spring, Hibernate, databases, microservices, virtualisation, docker and so on
quality assurance; manual and automated testing, Gherkin, Testlink, continuous integration and continuous deployment
project management
customer support

We apply top security management standards

Along with more than 300 other MakoLab technical specialists

Our financial solutions in numbers

10M+ online

operations performed daily on our financial simulators for Toyota Financial Services and RCI Banque

50+ points

of integration in Insurance project

40+ countries

where our online financing tools are in use

9 various

banking systems integrated into one solution

1K+ dealer

webpages globally using our financial tools

5+ world-leading

automotive brands

Are you ready to discuss

your financial and insurance software solution needs?

Let's talk

We are proud to work with

See our case studies

Insights

Are you ready to talk about your financial software solution needs?

Whenever you have a project or just an idea, why not talk to us about it and allow us to bring our experience to the table? Let’s discuss how to approach your vision.

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