It's like saying that accountant is just adding. I think come then of tax year you'd be avoiding an accountant who says they've got experience in adding.
I don't think of it as degrading the thing that I do. I think of it as boiling it down to the simplest description, and I find it more refreshing than "software developer" or "computer programmer" or f"{word} engineer".
In your insurance case, I would say something like "I build tools to shield businesses from unexpected disasters like earthquakes or floods" or "I help people worry less about expenses during an emergency"
If someone asks me more, then I might add on that I work on software to automate claim process or similar.
You mention taxes, which makes me think of how many tax preparers are basically helping their customer input data into software and not providing any tax specific advice. That might still be a value add for someone who struggles computer UIs, but that isn't the same as the person helping move money between accounts to reduce tax liability.
I've seen similar when it comes to doing science in a lab.
How can any discipline protect the inner distinction against a much larger world which has a very simplified understanding and will mix the inner groups together?