The Lumigo webhook integration feature enables users to design custom alerts tailored to their specific needs, integrating with preferred coding languages on desired platforms. To set up the integration, users need a Lumigo account and follow a step-by-step process, including signing into the dashboard, navigating to the integrations section, clicking the "add webhook" button, and providing a URL for alert forwarding. This feature is designed to be versatile, allowing users to monitor and troubleshoot their applications more effectively, with access to detailed information about issues, metrics, and resources affected. Additionally, Lumigo's webhook integration approach allows users to connect with any application of their preference, making it an essential tool for developers and organizations looking to enhance their monitoring and troubleshooting experience.