INSURANCE PLATFORM MODERNIZATION | PRAXENT INSURANCE IT SOLUTIONS

Take Command 
of the Systems 
that Power
your Technology  

Accelerate Insurance Transformation and Modernization

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Tell us about your project.
Modernize-your-systems

Build evolutionary policy administration, claims, and underwriting systems.

Your insurance company is changing rapidly. New business lines. Bundling products. Neverending data. Rising customer expectations. Automated operations. 

Growth is good. But when your technology can’t keep up, it’s time to modernize and introduce systems that are not only custom-built to support your business now but evolve with the future, too.
To Command Your Future®, you need a technology partner who understands the complexities of insurance technology.

 

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Unlock Market-Leading Insurance Technology

Freeing yourself from legacy technology can unlock significant growth, whether that’s driving premium growth or operational efficiency. It all comes down to how fast you can release new products. We can help you modernize your technology and make it easier to: 

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Integrate your systems so they all talk to each other

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Automate manual workflows

Legislations

Meet regulatory requirements

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Surface, cleanse, and organize data

User Testing

Create modern user experiences

AI

Introduce and test out the latest technologies like AI 

The business lines we specialize in:

Marine Aviation


Specialty Marine/Aviation

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Specialty Excess and Surplus (E&S)

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Management and Professional Liability

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Embedded 
Insurance

Workers Compensation


Workers’ Compensation

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Health Insurance and Employee Benefits Management

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Bond and Surety

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Third-Party Administrators

Accelerate Digital Transformation. Unlock Growth.

Book a Call

Self-Service Portals

Enhance your digital customer experience with best-in-class portals for brokers, agents, and policyholders that drive conversion, self-service, and stickiness.

Automated Claims

Accelerate claims processing and reduce costs with systems tailored to your business line enabling automated workflows, intelligent document processing, and real-time communication.

Integrated Underwriting

Streamline and accelerate underwriting with automated risk assessment, real-time data integration, and predictive analytics. Improve decision-making and reduce manual effort.

Streamlined Policy-Administration

Modernize complex policy administration with automated workflows, digital document management, and personalized customer communications.

Systems Integration

Integrations are our speciality, build an integrated ecosystem that enables automated workflows, a seamless customer experience, and a 360º view of your accounts.

AI-Driven Automation

Leverage the latest AI models to optimize operations, reduce manual busy-work, accelerate document processing. Drive innovation and gain a competitive edge.

Data Centralization

Gain a real-time view of your business with integrated data and analytics. Transform your data with distributed ownership and data governance strategies that meet compliance requirements.

Our specialized practices

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UX Design

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Engineering

Legislations

Architecture

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Cloud

User Testing

Data

AI

PMO

Unlock faster releases. Stay ahead of the competition.

Book a Call

Future-Proof Architecture

Embed agility with a modern, decoupled architecture. Our battle-tested architectural leaders specialize in insurance systems and can create or validate architectures for long-term validity and scalability.

Learn more →

Digital Transformation

Launch new products to market and enhance your CX with best-in-class portals for brokers, agents, and policyholders that drive conversion, self-service, and stickiness with our insurance product development services.

Systems Integration

Integrations are our speciality, build an integrated ecosystem that enables a seamless customer experience and a 360º view of your accounts with an API-led approach.

Cloud Enablement

Unlock scalability and agility with a cloud-native, serverless transformation. Accelerate cloud adoption, optimize costs, and equip your team to leverage the full potential of the cloud.

Data Centralization

Gain a real-time view of your business with integrated data and analytics. Transform your data with distributed ownership and data governance strategies that meet compliance requirements.

Full-Stack Engineering

Maximize sprint points delivered by deploying our bench of top-tier engineers with hands-on experience in insurance software development.

Development Acceleration

Our engineering operating model practice works to identify and remove development bottlenecks, maximize reusability, and scale developer productivity.

 

WHY MODERNIZE WITH PRAXENT

Discover the impact of bridging the gap between your insurance business and your technology. expertise.

At Praxent, we specialize in helping insurance carriers, MGAs, and TPAs like yours navigate the challenges of digital transformation. We help bridge the gap between your customers, your business, and your technology strategy and systems.  

Our team of insurance-specialized technology experts can align stakeholders around a common vision that prioritizes business value delivered. 

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Experience

450+

digital transformations delivered

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boutique focus

120+

Insurance Technology Experts

time-tested

24

Years in Business

See our Case Studies

uncompromising execution

2.94X

Higher Project Success Than The Industry

UNCOMPROMISING EXECUTION

SOC 2


type II Certified

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OUR WORK

Transforming across the insurance value-chain

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INSURANCE POLICYHOLDER SERVICING

Human-centered transformation unlocks self-service and reduces customer service calls by 30%

INSURANCE UNDERWRITING

Releasing an industry-first legal liability insurance online quoting experience 

INSURANCE UNDERWRITING

Implementing AI to Supercharge Underwriting

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INSURANCE BROKER SERVICING

Integrating systems for a seamless, best-in-class broker portal

INSURANCE CLAIMS

Securing HITRUST Certification for Medical Claims Platform

benefit harbor

Digital overhaul increases benefits enrollment participation by 23% and triples sales pipeline for TPA

Seen enough wins? Now, let's talk about yours. Book a call →

We’re experts at defining and translating business requirements into technology.

 With the complexity of insurance and fast-pace of change in the market, it can be hard to align everyone around the same vision. That’s where we come in. 

You’ll confidently deliver on your roadmap with our battle-tested approach to defining business requirements and translating them into technical ones.

We can help you to:

→ Align stakeholders with user researched,
data-driven decisions

→ Thoroughly document business requirements and edge cases

→ Focus scope to deliver targeted value, iteratively

→ Accurately estimate timelines, incorporate tech constraints and assumptions into the roadmap

IT Teams Love Working With Us

 Helpful, humble, smart. That’s our commitment to your team. 

 

Helpful

 Helpful

Just as we bridge the gap for your team, we do the same for IT teams. We make communicating technical complexity, architecture diagrams, and dependencies engaging and intuitive for non-technical audiences. This ensures better decision making, faster delivery and improved ROI.

Humble

Humble

We screen out egos in our hiring process. We understand the complexity and nuance of enterprise technology. We’re not here to be ‘right’, we’re here to help.

Smart

Smart

Our tenured leaders in architecture, cloud, data, UX design, and engineering have hands-on experience that IT teams can respect, bringing a panoramic perspective from a variety of successful insurance modernizations. 

 

SPECIALIZED EXPERTISE IN INSURANCE PLATFORM MODERNIZATION

The Praxent Difference.

Our commitment to quality goes far beyond technology. We’re not a global consulting conglomerate; we’re a boutique team of experts in financial technology with a sharp focus on insurance. 

🞪 No one-size-fits-all frameworks, 🞪 no two-year contracts, 🞪 no mass out-sourcing to teams outside your time zones, 🞪 and no fresh graduates. Just a targeted team with hands-on experience dedicated to solving your problems.

Our goal is to leave your team better than when we started. Think of us as part of your team. Everyone else does. 

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I’ve been impressed with how they’ve completed each sprint. They’re very reliable, so I know that I can count on them. Suzanne Werner, 
EVP Ameritas
Praxent trained us well and gave us all of the skills we need to be successful. Ken Ivie, Senior IT Manager, Texas Mutual
I’ve been impressed with how they’ve completed each sprint. They’re very reliable, so I know that I can count on them. Suzanne Werner, EVP Ameritas
From our perspective, we couldn’t have asked for a better partner – Praxent was the right choice for us. Bryan Hallene, COO, NEWITY

Thoughts from our Insurance Modernization Experts.

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ARTICLE

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