Insurance companies across the globe are on the verge of a tectonic shift towards digital. This tech-driven move is bolstered by years of carefully drawn strategies and overhauling of their core IT systems. As the preparation for the carriers to modernize their application landscape is gaining momentum, a startling number of insurance companies continue to rely on poorly built application ecosystems.

According to management consulting firm McKinsey & Company, claims processing will be the primary function of carriers in 2030. But how well-equipped are companies to face the associated challenges? It takes a stable and well-performing system to successfully perform Claims Management, Policy administration, and Underwriting.

An insurance company’s processing hub should be able to effortlessly handle multiple transactions all the time and unanticipated transaction spikes. Testing this complex infrastructure has become an indispensable task.

Test Automation: The Holy Grail Of Insurance Software Testing

Quality Assurance is no longer a supporting function. It is a primary aspect of the software development life cycle that needs to be embedded into the very core of an application to unlock more potential. It is only by automating the testing operations, testers can ensure comprehensive test coverage and thus possibly release applications with higher quality. Manual testing ultimately falls flat as it leads to very long test cycles, high costs, and inevitably poor test coverage.

AI is continuing to yield better results when it comes to ensuring greater team productivity and attaining swift solutions. AI-powered testing enables faster release cycles and reduces churn by identifying real-world bottlenecks in real-time.

AI-driven test automation’s unfailing accuracy underpins the scope and depth of tests significantly. It can efficiently inform the efforts of testers by helping them identify anomalies and deliver impeccable software faster than ever before. Testers can achieve something that manual testing can never dream of: AI can execute thousands of test cases in a single test run.

Performance Testing: Power Up Your Core Insurance Application

An insurance application must be able to withstand workloads of all sorts at all times. Today, customers demand insurance quotes in real-time and want to take out a premium policy in minutes. The capability to operate 24/7 and maintain 99.99% application availability has now become business-critical.

Performance testing is crucial to release reliable, highly available insurance applications that can deliver enterprise-class resiliency and stay accessible at all times.

It takes a lot of rework, redesign, and strategizing to fix bugs by the end of the development cycle. In times past, testing teams had to wait until the software is completely built to analyze the application and fix defects. The Shift Left approach offers an ingenious solution to this time-consuming process by proactively building a robust test strategy early in the life cycle. You can get your application released on time with a host of operational, error-free capabilities.

Quality Assurance: Robust Insurance Application Testing—Guaranteed!

Only sophisticated insurance applications can deliver a cutting-edge, integrated user experience. An ideal Quality Assurance strategy is not just about finding the bugs but delivering applications that can perform with optimal quality. 

For insurance applications, Quality Assurance offers functional coverage and capabilities, along with full-blown functionality enhancements and BAU releases.

AFTA & APTf 2.0: Aspire Systems’ Twin Solution

Although enterprise-wide digitalization is booming, insurance companies require real-time processing and agile features to reap its full benefits. A focus on streamlined application testing solutions can position carriers to modernize their software landscape.

AFTA 3.0, Aspire’s AI-powered test automation engine, offers 360-degree testing coverage and enables companies to speed up their go-to-market strategies. The test automation framework reduces your testing efforts up to 50% by automatically generating test cases and test scripts.

APTf 2.0, by building a sustainable test automation solution through speed and accuracy, helps businesses to save up to 40% of testing costs.

Reach out to our experts to find tailored testing solutions for your insurance applications. We can help you reduce your turnaround time for insurance application testing to days rather than weeks or months.

 

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Kevin Paul