Yokahu – Building a Global Parametric Insurance Platform
InsurTech · Parametric Insurance Platform
Project Overview & Scope
Yokahu is a next-generation InsurTech platform focused on parametric insurance, enabling insurers, MGAs, brokers, and reinsurers to design and manage innovative insurance products triggered by predefined events instead of traditional claims assessments. The platform helps automate underwriting, policy management, and payout processes while integrating real-time event data from trusted external providers. Creative Encode has been Yokahu's trusted technology partner for over six years, serving as an extension of their engineering organization.
The Challenge
Building a modern parametric insurance platform required solving several complex technical challenges: managing sophisticated underwriting workflows, supporting multiple diverse insurance products, integrating real-time weather and catastrophe data, handling configurable policy structures, automating policy lifecycle management, delivering enterprise-grade security and scalability, and supporting brokers, MGAs, underwriters, and administrators through role-based workflows.
The Solution
Creative Encode designed, developed, and continues to enhance Yokahu's cloud-native platform. Our responsibilities include product architecture, feature development, integrations, platform maintenance, and ongoing performance improvements. We developed comprehensive underwriting capabilities, an automated event-triggered payout engine, multi-provider weather and catastrophe integrations, and an enterprise administration portal.
Key Features & Capabilities
Advanced technical features and capabilities engineered for this solution.
Parametric Insurance Products:
Design and manage event-triggered insurance products with configurable thresholds.
Underwriting Automation:
Automated quote generation, indicative and firm quotes, and streamlined binder lifecycles.
Event-Driven Payout Engine:
Instant payout calculations and triggers without cumbersome claims assessments.
Real-Time Weather & Catastrophe Feeds:
Direct integration with trusted meteorological and hurricane data services.
Geospatial Risk Modelling:
Location-based coverage rules, risk visualization, and geographic event boundary mapping.
Broker & MGA Portals:
Dedicated role-based portals for distribution partners, underwriters, and administrators.
Capacity & Risk Allocation:
Transparent capacity management for carriers, reinsurers, and syndicate partners.
Document Generation & Compliance:
Automated policy issuance, schedule generation, and verifiable audit logging.
Multi-Tenant Architecture:
Enterprise-ready multi-tenancy with strict data isolation and customizable tenant branding.
Enterprise Security:
JWT authentication, granular Role-Based Access Control (RBAC), and encrypted REST APIs.
Engineered Around Three Core Principles
Designed from the ground up as a cloud-native parametric insurance and automated underwriting platform.
Underwriting Automation
Comprehensive underwriting capabilities including quote generation, indicative and firm quotes, binder workflows, policy issuance, risk assessment, capacity allocation, and approval workflows.
Event-Driven Parametric Engine
Configurable event-based policy triggers and automated payout calculations powered by real-time meteorological, catastrophe, and geospatial intelligence.
Enterprise Multi-Tenancy & Security
Cloud-native AWS architecture with RBAC permissions, secure REST APIs, JWT authentication, and comprehensive audit logs.
Key Capabilities
Powering automated underwriting, event-driven payout triggers, catastrophe integrations, and broker administration.
Underwriting Platform
Quote generation, indicative & firm quotes, binder workflows, policy issuance, risk assessment, capacity allocation, approval workflows, and policy lifecycle management.
Parametric Insurance Engine
Configurable event-based policy triggers, automated payout calculations, product configuration, coverage rules, geographic risk modelling, and event validation workflows.
Third-Party Data Integrations
Live weather intelligence providers, hurricane & catastrophe event data, geospatial mapping services, email notification services, authentication providers, and cloud storage.
Enterprise Administration Portal
User management, role-based permissions, broker and MGA administration, product configuration, audit logs, reporting dashboards, and global system configuration.
Results & Value Delivered
Our long-term partnership has helped Yokahu accelerate product development, continuously deliver new platform capabilities, automate complex insurance workflows, improve operational efficiency, integrate trusted external data providers, scale the platform for enterprise customers, and deliver a modern digital experience for insurers, brokers, and MGAs.
Powered by Cutting-Edge Tech
Leading technologies and tools used to build this solution.
Angular & React
Dynamic, responsive user interfaces and portals built with Angular, React, TypeScript, HTML5, and SCSS.
Node.js & Express.js
Resilient, high-throughput backend services and secure REST APIs powering underwriting logic and workflows.
Python & FastAPI
High-performance asynchronous backend services and calculation engines powering parametric insurance triggers, risk data models, and real-time APIs.
MySQL
Robust relational database engine storing policy schemas, transaction ledgers, audit trails, and multi-tenant data.
AWS Cloud Infrastructure
Scalable AWS cloud services, high availability VPCs, managed databases, and secure object storage.
JWT & RBAC Security
Role-based access control, cryptographic JWT authentication, secure API gateway, and audit log tracking.
From Idea to Production
Our cross-functional team was involved across the complete product engineering lifecycle.
What This Product Demonstrates
Demonstrating deep domain expertise in InsurTech, complex underwriting algorithms, cloud security, and long-term product engineering.
Solution Architecture
Architecting modular, cloud-native enterprise platforms tailored for highly regulated insurance and financial sectors.
Full-Stack Development
Building rich frontends in React & Angular coupled with high-performance Node.js, Python & FastAPI microservices.
Third-Party Data Integrations
Integrating real-time catastrophe feeds, weather APIs, and geospatial mapping into automated insurance engines.
Cloud Infrastructure & DevOps
Deploying enterprise-grade AWS infrastructure, Docker containerization, CI/CD pipelines, and Nginx proxies.
Long-Term Engineering Partnership
Over 6 years of dedicated product engineering, serving as an extension of Yokahu's engineering organization since 2019.
Business Value & Growth Foundation
Interface & Dashboard Previews
High-resolution interface previews and system screenshots.
What Our Clients Say
Our clients value not just our technical expertise, but our ability to deliver consistently, communicate clearly, and act as a true extension of their team.
They transformed our ideas into a fully functional product. Communication was smooth throughout the project, and their support helped bring it successfully live.
Aiden & Sydney
Co-Founder, Circlez
United States
Christoph
Director, 24hdrop
Austria
Tabish
Associate, Laidlaw & Company
United StatesCustom Software Dev for
Insurance Company
Creative Encode Technologies launched the project and is keeping track of the business milestones, MVP, and client demos. The team uses Trello to specify needs necessary for logical and business process context. They're currently maintaining the project's functionality for smooth operation.