DataArt - Finance & Insurance
Global software engineering firm delivering custom insurance technology for carriers, reinsurers, and MGAs worldwide.
Overview
DataArt is a global software engineering and technology consulting firm with a dedicated Finance and Insurance practice. Founded in 1997 and headquartered in New York, DataArt employs more than 5,700 professionals across 30+ offices in over 20 countries spanning North America, Europe, Central Asia, and India. The company maintains an 87% employee retention rate and positions itself as a long-term technology partner for market leaders in the insurance industry.
DataArt's insurance practice builds custom software to modernize insurance operations, improve risk accuracy, and deliver better customer experiences for leading carriers, reinsurers, and MGAs worldwide. The company serves clients across the full spectrum of insurance technology needs -- from legacy system modernization and cloud migration to AI/ML integration and omnichannel customer portals.
In July 2022, DataArt received USD 75M in private equity investment led by FTV Capital, enabling further growth and expansion of its specialized insurance capabilities. The company has earned recognition from Gartner (2024 Magic Quadrant Honorable Mention for Custom Software Development Services) and was named to the Inc. 5000 list of fastest-growing private companies in the United States in 2024.
Products & Services
Custom Insurance Software
Bespoke development of policy administration, underwriting, claims, and billing systems tailored to each client's specific insurance operations.
Key Features
- Policy administration system development and modernization
- Claims management platforms
- Underwriting workbench and rating engine development
- Billing system integration and rebuild
Target Users: Insurance carriers, reinsurers, MGAs
Digital Transformation Services
End-to-end modernization of legacy insurance platforms using cloud-native architectures and modern engineering practices.
Key Features
- Legacy system assessment and roadmap development
- Phased migration with minimal business disruption
- Microservices architecture design
- Integration with existing third-party systems (Guidewire, Duck Creek, Salesforce)
Target Users: Established carriers with aging technology stacks
Risk and Analytics Solutions
Custom software for improving risk modeling accuracy and underwriting efficiency, including automated data analytics platforms for insurance and asset management.
Key Features
- Automated data analytics platform development
- Risk scoring model integration
- Real-time decision support systems
- Actuarial data platform engineering
Target Users: Carriers, reinsurers
Customer Experience Platforms
Omnichannel digital portals and mobile applications for policyholders, enabling enhanced digital engagement and self-service capabilities.
Key Features
- Policyholder self-service portals
- Mobile application development
- Multi-channel communication integration
- Digital claims submission and tracking
Target Users: Carriers, brokers
Data Automation and Machine Learning
AI/ML-driven solutions to improve efficiency in insurance operations, including case management automation, pre-populated information gathering, and real-time decision-making.
Key Features
- Generative AI integration
- Case management automation
- Pre-populated data gathering workflows
- Real-time operational decision systems
Target Users: Carriers, MGAs, reinsurers
Cloud Migration and DevOps
Infrastructure modernization for insurance carriers leveraging AWS, Azure, GCP, and modern DevOps practices.
Key Features
- Cloud-native architecture design
- Continuous integration and deployment pipelines
- Infrastructure as code
- Security and compliance frameworks for regulated environments
Target Users: Insurance carriers and reinsurers modernizing infrastructure
Reinsurance Technology
Custom systems for reinsurance operations, reporting, and data management.
Key Features
- Treaty and facultative management systems
- Ceded/assumed accounting platforms
- Regulatory reporting automation
- Reinsurance data warehousing and analytics
Target Users: Reinsurers, primary carriers with ceded programs
At a Glance
- Founded
- 1997
- Headquarters
- New York, New York, USA
- Employees
- 1000+
- Funding
- PE-Backed
Category & Focus
- Category
- Insurtech Infrastructure
- Subcategories
- Custom software development digital transformation legacy modernization AI/ML integration
- Insurance Verticals
- P&C Commercial Life & Annuity Specialty/E&S Reinsurance
- Target Customers
- Carriers, Reinsurers, MGAs/MGUs
Customers
- Leading global insurance carriers
- Reinsurers (including Lloyd's of London market participants)
- MGAs and specialty lines underwriters
- Large insurance and asset management providers
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Last updated: 2026-04-09