Digital Fintech InsurTech News

Praxent Helps Insurance Systems Create Compelling Digital Experiences for Insurance Companies

Praxent Helps Insurance Systems Create Compelling Digital Experiences for Insurance Companies

ISI partners with Praxent to help insurers boost efficiency, retention, and customer acquisition

Praxent, a financial services digital experience consultancy and development firm with more than two decades of experience, announced that it has partnered with Insurance Systems Inc. (ISI) to offer custom digital experiences for insurers.

“We’re proud to support a leader in the market such as ISI as they help their clients grow and succeed with a strong digital experience.”

Toronto, Canada-based ISI provides enterprise software solutions to the professional liability insurance industry. Looking for a way to enable more intuitive, flexible digital customer journeys for insurers and brokers, ISI and Praxent worked together to enable their mutual clients to make progress on their digital transformation initiatives. With the new partnership, Praxent leverages the ISI Enterprise API to design, develop and integrate customer portals that allow users to engage in varying degrees of self-service, such as accessing policy information, completing a renewal or applying for a new policy.

Latest Fintech News: Fireblocks Researchers Uncover Vulnerabilities Impacting Dozens of Major Wallet Providers

“To remain relevant and gain market share in today’s competitive environment, we knew we needed to help our clients provide a modern self-service experience to their customers and prospects,” said Cameron Scott, VP of Sales and Implementation at ISI. “Praxent’s deep background in financial services plus their talented team’s top engineering expertise proved to be a winning combination. Together, we are helping insurance companies create a leading edge through their digital experience.”

Integris Group is a medical professional liability (MPL) insurance carrier that has worked with ISI and Praxent. Shelly Ursini, VP of Business Development and Marketing at Integris Group, said, “As new digital competitors continue to flood the market, the seamless, user-friendly portal implemented by ISI and Praxent helps us stay ahead. Such functionality allows users to perform basic functionality via self-service, which increases customer satisfaction while saving time and boosting efficiencies for our agents.”

Latest Fintech News: NCR Helps First Bank Evolve Self-Service Banking with Branch Transformation and Allpoint Network

“ISI understands the importance of helping their clients provide seamless, customized digital experiences for users – with the degree of self-service that makes sense for each individual insurer,” said Tim Hamilton, founder and CEO of Praxent. “We’re proud to support a leader in the market such as ISI as they help their clients grow and succeed with a strong digital experience.”

Latest Fintech News: Visa and Conferma Pay Partner to Accelerate Expansion of Visa Commercial Pay Globally

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Hightower’s Nucleus Advisors Named to Barron’s 2020 List of America’s Top Private Wealth Teams

Fintech News Desk

Indico Data releases industry-first large language model benchmark for document understanding tasks

PR Newswire

GoCardless Launches Open Banking Payments, Offering Businesses A New Alternative To Taking One-off Payments

Fintech News Desk
1