case study
Microservices architecture for Insurtech
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Our client is a leading aggregator in the insurance industry from Dallas US. The Client has a legacy product used in production by multiple insurance carriers and MGAs to manage insurance programs running across the country. The product is essentially a tool for underwriters to review insurance applications, underwrite quotes and issue policies.
Business Challenge
Project Goals
Some of the vital success criteria for this project were:
1.Decouple the existing business logic into a set of discrete microservices that are independent and scalable.
2.Architect a new version of the product which is API driven and shall allow decoupling of frontend and backend APIs.
3.Introduce system configurability in such a manner that each insurance program can have its own configurations, branding, logos, email templates and so on.
4.Have a faster onboarding time for new customers so they can self-provision and configure as per their program requirements.
5.Business resilience. The system should be able to recover from errors and must have retry mechanisms in place.
6.Customer data shall be secure and must be encrypted on the storage devices.
Explore our project success criteria and how we ensure successful delivery of the project every time.
To achieve this, we built a distributed, fault-tolerant system that could recover
gracefully from process or server failures with no data loss and zero player disruption.
The Solution
The client engaged with us in a contract to provide a solution to the above-mentioned goals using our IT Staffing Services. The project began with a series of project discovery sessions that allowed us to understand their existing product and identify the business complexities involved and the technical challenges with it. Our solution architects spearheaded this activity and delivered the proposed system architecture document which was reviewed for all the architectural goals.
The result was a microservices architecture comprising 21 different business services. API gateway pattern was implemented to shield services from the outside world. The API gateway also handled identity management, authentication and authorization. An orchestration layer was created to route requests through various services for a given use case.
Service mesh ensured service-to-service interactions and a RabbitMQ message broker was used for implementing message queue and resilience.
The Impact
Our client was amazed by the impact that we brought to the product by building the right software architecture patterns. Designing software systems using the microservices pattern was a huge success resulting in extremely happy end users.
Are you also looking for dynamic Microservices architecture solutions to make your software product resilient, scalable and fault-tolerant? Let our expert team help you with the best solution. Contact us today to take your business to the next level.
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Hear Directly from Our Clients
Rupesh Bhardwaj
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Nikolas Davidson
CTO
We have been associated with The Nth Bit Labs for the last two years for our custom software development needs. We must admit that this company has one of the finest teams in the industry with knowledgeable software developers and engineers. We are happy with their expert and cost-effective software solutions.
Else Williams
Chief Architect
Frederik Anderson
Co-Founder
Adam Bradley
CTO
Nikolas Davidson
CTO
We have been associated with The Nth Bit Labs for the last two years for our custom software development needs. We must admit that this company has one of the finest teams in the industry with knowledgeable software developers and engineers. We are happy with their expert and cost-effective software solutions.
Else Williams
Chief Architect
I want to express my gratitude for the work and attention to detail this company displays in its work. I am very pleased to receive quality deliverables from The Nth Bit Labs that exceed our expectations. I am truly grateful for the excellent work and support that the team has provided to us.
Frederik Anderson
Co-Founder
Thanks to The Nth Bit Labs and their skilled development team who have successfully handled our software development requirements. The team has swiftly managed the complex project with their proven expertise and skills.
Adam Bradley
CTO
Connor Carson
Founder