Microinsurance Marketplace for Discovermarket

Discovermarket is inspired to build an open API marketplace that connects insurers, distribution partners, and their clients to simplify customer protection needs. 

However, due to the large project scope and restricted count of in-house developers, Discovermarket sought to expand their team capabilities with IT outsourcing to effectively manage the escalating workload.

Successfully convinced Discovermarket with its strong digital capabilities and extensive financial domain, KMS Solutions was brought on board to offer additional expertise in product development. The KMS team consists of highly skilled front-end and back-end engineers tasked with designing, coding, and delivering demos for the Claim, Cyber, and Parametric domains in consecutive stages. 

Since 2022, the dedicated development team at KMS has been diligently working on various sections of the project. They commenced with the health insurance section, where they implemented health insurance comparison and health fulfillment features. Building upon this accomplishment, the team progressed to parametric, cyber retail, and corporate, dedicating their efforts to quote generation and the claims portal.

Moreover, the team took on the responsibility of designing and developing the front-end of Discovermarket’s product configuration. Thisfeature empowers insurers to customize the product according to their end users’ specific needs via a user-friendly drag and drop interface. KMS Solutions also helped Discovermarket team to proficiently manage the admin aspect of the platform, including oversee the user management system, access management, country & language settings and authorization permissions.

Both front-end and back-end repositories are held to rigorous metrics:

- Code coverage requirement of over 85%

- Limiting replicated lines to less than 5%

- 100% compliance with security hotspots

- Maintainability, reliability, and security all receive the A standard rating