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Home / Case Studies / Insurance Simulator Industry

/ Case Study · Education

Insurance Simulator Industry

/ The engagement

Enhance student skills in pricing, underwriting, and claims. Utilize forecasting tools and macroeconomic data…

/ What stood in the way

Four challenges, engineered through.

Select a challenge to see how it shaped the build.

/01Formula Migration Complexity→
/02Maintenance and Updates→
/03Scalability Limitations Identified→
/04Error-Prone Tracking→

Formula Migration Complexity

Migrating 2,000+ interlinked formulas from Excel without breaking data dependencies was complex.

Maintenance and Updates

Maintaining and updating intricate formulas posed major consistency and version control issues.

Scalability Limitations Identified

The existing Excel system lacked scalability and flexibility for future expansion and user interaction.

Error-Prone Tracking

Manual formula tracking was error-prone, time-consuming, and hindered the efficient evolution of the platform.

/ The results

What changed.

Efficient Formula ManagementAutomated extraction and storage reduced maintenance costs and ensured faster updates.
Scalable, Flexible PlatformTransitioned to Laravel, enabling future growth and easier maintenance.
Reduced Error RiskAutomation improved accuracy, reduced errors, and saved time in data processing.
Centralized Formula UpdatesSimplified updates, ensuring consistency and smoother operations with reduced overhead.

/ Technology stack

LaravelCSS 3PHPjQueryAWSPostgreSQLAWS ELBAWS CloudWatchNew Relic

/ Next step

Planning a build with the same rigor?.

→