INSURANCE PLATFORM MODERNIZATION | PRAXENT INSURANCE IT SOLUTIONS

Modernize
 your Technology,
Command
your Future ®

Accelerate Insurance Transformation and Modernization

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Tell us about your project.
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The insurance industry is changing rapidly.

Customer expectations are rising, competition is intensifying, and technology is evolving at an unrelenting pace.

To Command Your Future®, you need a technology partner who understands the complexities of insurance and can help you modernize your equally complex legacy systems for greater agility, efficiency, and innovation.

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Build evolutionary systems for policy administration, claims, and underwriting.

Growth is good. 

However, legacy mainframe systems with decades of investment behind them may no longer meet business needs. Freeing yourself from technical debt tied up in tightly coupled databases, horizontal layers with complex dependencies, and synchronous processes can unlock significant possibility.

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We can help you modernize your core systems with an iterative approach to:

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Improve reliability and maintainability

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Enable operational efficiency and automation

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De-risk fragile systems by migrating them to modern architectures

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Future-proof your technology with scalable and adaptable solutions

Unlock faster releases. Stay ahead of the competition.

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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.

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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.

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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.

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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.

Development Acceleration

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

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.

Full-Stack Engineering

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

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WHY MODERNIZE WITH PRAXENT

Discover the impact of insurance platform modernization expertise.

At Praxent, we specialize in helping insurance carriers like yours navigate the challenges of digital transformation. We have a deep understanding of the insurance industry, from legacy systems to emerging technologies. 

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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

The insurance segments 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

OUR WORK

Transforming across the insurance value-chain

INSURANCE UNDERWRITING

Releasing an industry-first legal liability insurance online quoting experience 

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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

INSURANCE UNDERWRITING

Implementing AI to Supercharge Underwriting

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INSURANCE POLICYHOLDER SERVICING

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

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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 →

Microservices, serverless, data lakes…

These strategies can quickly become overcomplicated, idealistic, and unrealistic in the context of legacy systems with decades of functionality built in. 

Our battle-tested architects bring a panoramic perspective from a variety of successful insurance modernizations and configurations. We can help your teams with a pragmatic approach, ensuring your new systems are not just cutting-edge but also realistic, maintainable, and aligned with your unique requirements.

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We’ll help you get it right
the first time. 

 

INNOVATE WITH VELOCITY

Lighthouse Modernization for Insurance Platforms

We offer a different approach to modernization that tackles complexity. It’s called Lighthouse Modernization. 

Reduce risk by validating new technology strategies incrementally to prove out the concept and solve critical challenges before scaling across systems.

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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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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.

Are you an insurance product leader? Visit our digital experience hub →