Insurance Focused Startup Platform
Securing and stabilizing a multi portal insurance platform
An insurance startup under private equity ownership had to be sold within a month after its owner hit unrelated financial trouble, and its dev team wasn't transferring with the sale. Ollon took over the unlaunched platform, stabilized it, secured all three portals, and automated its manual document workflows. The platform launched under new ownership, with Ollon continuing as its development team since.
Situation
An insurance focused startup platform was being built under a private equity group's ownership, running three interconnected portals for clients, agents, and employees, with most of its document workflows still handled manually. When the private equity group ran into financial problems unrelated to the platform itself, it needed to divest the platform quickly to help resolve those issues, giving less than a month to complete the handover. The development team working on the platform was part of the private equity group, not the platform itself, so they did not transfer with the sale, and the product had not yet launched publicly. The platform was acquired at a bargain price by a larger insurance company taking it on as its new distribution arm.
Solution
Ollon stepped into that short handover window, meeting briefly with the outgoing development team to transfer what knowledge could be captured before they left. Ollon then took over the existing platform, which had not yet launched, working out how the React and Java based system was built and stabilizing it, reorganizing the frontend dependency structure, removing outdated packages, and updating dependencies to current versions. An authorization layer was implemented across all three portals to secure access, and automated document processing was added to replace the manual routing workflows. Ollon brought the platform to launch, including a rebranding to reflect the new ownership.
Results
The platform launched successfully under its new ownership and brand, with Ollon continuing as its development team since. The platform now handles a substantial portion of its policy document workflows automatically, and it is more secure and stable than before. Since the acquisition, Ollon has also worked through revisions required by the new ownership, including reworking the platform's architecture from a design built for multiple clients into one built specifically around the new owner's workflow.
