Openkoda is thrilled to unveil Openkoda 2.0, an open-source platform crafted to accelerate innovation in insurance technology. Purpose-built for the insurance sector, Openkoda 2.0 empowers companies to quickly develop cutting-edge applications and distribution channels, tapping into Generative AI and an extensive suite of ready-made templates.
Designed for insurance and insurtech firms, Openkoda 2.0 enables rapid application prototyping, scalability, and seamless integration to a wide ecosystem of insurtech services—without proprietary limitations. This release introduces specialized templates for embedded insurance, risk analysis, and policy and claims management, allowing insurers to deploy targeted solutions with unprecedented speed and precision.
The new Reporting AI feature enables decision-makers to derive insights directly from their data using natural language, eliminating the need for complex data queries or additional reporting tools.
As the insurance industry adapts to challenges like growing coverage gaps, aging populations, climate risks, cyber threats, and evolving consumer demands, the need for customized, directly distributed products is paramount. Openkoda 2.0 supports insurers in addressing these needs by enabling direct, flexible solutions for product customization and proactive risk management.
Why Openkoda?
Openkoda’s founders, Arkadiusz Drysch and Michal Glomba, bring over 20 years of experience delivering enterprise solutions to top-tier insurance and finance clients through Stratoflow company. Reflecting on the industry’s demand for speed and customization, Drysch explained, “We envisioned a more adaptable, efficient solution that didn’t compromise quality. Openkoda represents a transformative approach, enabling faster, high-quality application development for enterprise needs.”
“Openkoda provides a solid foundation for modern insurance innovation. Our mission is to empower insurers and insurtech firms to build highly tailored products and distribution networks at unparalleled speed,” added co-founder Michal Glomba.
Unlike traditional, subscription-based platforms that lock companies into proprietary systems, Openkoda offers freedom, flexibility, and control, freeing insurers from dependency on third-party vendors.
“Our goal is to empower insurance companies to create open, scalable applications using widely adopted tech stacks, maintaining full ownership over their applications and data,” said CEO Arkadiusz Drysch.
Openkoda is available in two formats: Openkoda Core Open-Source and Openkoda Enterprise. The Open-Source version allows insurers to adapt and extend the platform in-house with standard enterprise-grade technology, while Openkoda Enterprise offers advanced features like Reporting AI, a flexible development kit UI, a dashboard builder, automated document generation, and advanced multi-tenancy, accelerating deployment and scalability.
Insurance applications built on Openkoda can be deployed on Openkoda Managed Cloud or a private cloud, giving insurers the flexibility to choose environments that align with their unique security, compliance, and operational requirements.
Explore Openkoda 2.0 and its transformative potential for your insurance needs at openkoda.com.