case studies

Nimbla

Invoice Insurance app

Project
Background

Before OpenGeeksLab joined the project, the Сlients already had an MVP of an invoice insurance app. The platform embraced the power of cloud accounting to offer UK-based SMEs credit control and single invoice insurance. 

At some point, the Сlients hit the ceiling with an MVP and required a reliable technology partner to advise them on the next steps.

Problem the Client came to us with

  • The implemented functionality was not enough to support the product’s growth.
  • The Clients had no vision regarding further product improvement.
  • The faulty frontend and backend functions negatively impacted the apps’ performance.

Solutions

Analyzed the existing solution and restarted the insurance app development process, mindful of all system’s vulnerabilities.

Chose the right tech stack to ensure scalability, high speed, and seamless real-time data performance.

  • Our team powered up the development with Webhooks technology
  • A microservices architecture was built with Socket.io.
  • Our team used AWS cloud for this software development
  • We used GitLab for this custom tailored project
  • MongoDB
  • Amazon

Wrote all nuances of the application’s architecture from scratch.

Adopted the iterative approach to the insurance application development and testing to build new features for the insurance checking app and fix bugs quickly and efficiently.

Closely collaborated with an external insurance company app development team to fix existing issues and implement new technology solutions.

Ensured the synchronization with the Customers’ accounting software to generate invoice on-site.

Introduced diverse payout options to let consumers choose the billing country region and a single invoice payout option.

Built cash flow forecasting functionality to enable companies to predict the cash that is going out of their business and coming back in over a specific period.

Results

Nimbla simplified access to insurance, which attracted many users to this insurance quote app. As of the end of 2021, the number of active monthly users exceeded 2,700.  At the same time, 10,000 policies were sold over the 18 months after the product launch.

The insurance management app raised $7.1M in funding over five rounds.

The solution lets SMEs insure single invoices against non-payment and protect their businesses from customer default in no time.

The combination of cloud tech and real-time data ensures greater visibility.

The insurance mobile application offers users fully automated underwriting and cover for single invoices or debtors.

Accounts payable risk assessment functionality helps uncover and mitigate the most common risks and implement internal control measures at any level of the account payable (AP) processes.

Project outcomes

It was our first experience in building an insurance company app. During custom insurance software development, OpenGeeksLab faced new configuration, customization, and programming challenges, which were passed with flying colors. In the end, we built a powerful and secure insurance mobile application that allowed our Clients to scale up their business and expand to foreign markets.

Are you about to launch a new digital solution or advance your existing software? Let OpenGeeksLab become your insurance app development company. Just fill in the form to know how we can help.

Some of Our Projects

Some of Our Projects
Our team can develop a Financial Statement Software for your business
Highly effective ICO for eSports and Platform Development by OpenGeeksLab
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
Our team was engaged in Invoice Insurance App development
A blockchain-based project pool with a number of independent solutions
Golf application that helps master the game
Blockchain decentralized web application that builds a new channel of profits.
The demo use case of blockchain in the fashion industry.
Check out software solutions covering a mobile version for artists and an admin panel for managers.
Check out the Doctro.App project development workflow.
 Check out the Queen Car project development workflow.
 Check out the Lezzoo project development workflow.
Read more about how we developed a multifunctional on-demand delivery service app for diverse loads in the UK.
SolidFit unites three basic fitness application categories into a single custom fitness app.
An online reservation service compatible with blockchain to perform transparent direct transactions with minimized fee commission.
Video streaming app for people of faith.
Elaborated filter system allows companies sort offers/creator profiles according to various criteria.
The rental management app helps keep information related to properties and tenants organized and easily accessible.

Financial Statement Software

Responsive company valuation software for finance report generation.

See full case study

ICO for eSports and Platform Development

eSports streaming platform modernized with tokenomics.

See full case study

Nimbla

Bad debt protection insurance.

See full case study

Octanise

A smart project management platform for building and construction businesses

See full case study

SuperCarers

Online platform matching care professionals with families who need their services in their local area.

See full case study

TOAD

The Customer had several medical and learning projects that required further improvement.  Our development team was hired to advance these digital solutions with new functionality and improve their performance.

See full case study

ForgerOne

A university research network platform that matches students seeking learning opportunities with research institutions

See full case study

MotorK

A web platform for auto dealers aimed to digitalize the car selling process

See full case study

Prodeology

All-in-one product management platform

See full case study

Glovo

A groundbreaking next-generation app connecting users to a colossal network of global suppliers spanning an impressive 25 countries.

See full case study

A Blockchain-Based Project Pool

A blockchain-based project pool with a number of independent solutions

See full case study

Evidence Based Golf

Golf application that helps master the game

See full case study

A DApp On Ethereum

Blockchain decentralized web application that builds a new channel of profits.

See full case study

AxentMerch

The demo use case of blockchain in the fashion industry.

See full case study

Terox

Music Distribution Service

See full case study

Doctro.app

Telemed app to help doctors and patients stay connected in the age of COVID-19 outbreak

See full case study

Queen Car

Car Booking App

See full case study

Lezzoo

On-Demand Delivery Service

See full case study

Shift

Multifunctional on-demand delivery service app for diverse loads in the UK

See full case study

Solid Fit

Fitness social network that connects coaches and sports enthusiasts from LA to NY

See full case study

GOeureka

Blockchain-based platform shaping the future of online hotel booking

See full case study

Experience Jesus

Video streaming app for people of faith

See full case study

the H Hub

Community-driven social network for brands and creators

See full case study

Rental Management App

A powerful real estate listing platform featuring advanced search filters and user-friendly navigation.

See full case study
×

Thanks for contacting us.

We’re thrilled to hear from you, and will get back to you ASAP. Have an awesome day!

In the meantime, we want to invite you to follow us on LinkedIn.

Best,
OpenGeeksLab.