** As insurance companies strive to stay ahead in the competitive landscape, custom software development has become an essential investment. But what does it cost? According to recent estimates, the cost of custom insurance software development can range from $30,000 to $500,000+, depending on factors such as project scope, team location, technology stack, and regulatory compliance requirements. While the investment may seem daunting, the benefits of tailored solutions – including improved efficiency, enhanced customer experience, and better data management – can drive growth and competitiveness.

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Source: https://dev.to/clashing_queen/how-much-does-custom-insurance-software-development-cost-in-2024-lek