InsurTech Praxent has revealed it has partnered with Insurance Systems Inc. to offer custom digital experiences for insurers.
The move is set to see the Toronto-based company leverage 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.
ISI and Praxent have worked together to enable their mutual clients to make progress on their digital transformation initiatives with this partnership, in a move that will give both organisations greater market share and notoriety in the sector.
Cameron Scott, VP of Sales and Implementation at ISI said: “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.
“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.”
Shelly Ursini, VP of Business Development and Marketing at Integris Group, was equally enthused with the partnership, stating : “Integris Group is a medical professional liability (MPL) insurance carrier that has worked with ISI and Praxent.
“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.”
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