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Insurance IT Transformation Solutions | MAXION
Industry

Insurance

P&C · Life & Annuity · Health Insurance · Reinsurance

Insurance transformation means modernising policy administration systems that have been running for 20–40 years — with zero tolerance for downtime and non-negotiable regulatory obligations.

68%
Of insurance policy administration modernisation programs experience significant delays
$15M+
Average cost overrun for failed insurance core system replacement
2.8×
Higher first-time delivery success when actuary and compliance requirements are captured in discovery
Industry Context

What makes Insurance different.

Insurance transformation is defined by core policy administration systems — often vendor-supplied, heavily customised, and deeply integrated into claims, billing, and reporting.

Insurance programs fail when policy integration complexity is underestimated and Solvency II is an afterthought. APEX captures both as hard constraints from the start.

Regulatory frameworks handled as hard constraints
Solvency IINAICORSAGDPR / CCPALloyd's Market Reform
Common use cases
Policy administration modernisation
Claims platform transformation
Regulatory reporting platform
Reinsurance integration
Digital distribution channel
Fraud detection platform
MAXION for Insurance

Every phase. Industry constraints built in.

01Discover

Requirements capture across the policy lifecycle

Actuarial, underwriting, claims, compliance, IT, and finance — each with different views. Integration dependencies and regulatory requirements surfaced that siloed discovery misses.

02Plan

Architecture with hard regulatory constraints

Solvency II, NAIC, and GDPR/CCPA as active constraints. Policy administration and claims integration grounded in discovery evidence.

03Execute

Implementation on your systems

Workspaces map to your policy, claims, and reporting environments. Execute runs policy APIs, claims connectors, and reporting pipelines — supervised, with every change traceable back to architecture.

Common Programs

What we typically run for Insurance clients.

Policy Administration Modernisation

Replace legacy policy systems with API-first platforms — Solvency II and NAIC as hard constraints. Discovery across actuarial, underwriting, claims, and finance.

Your Insurance program has specific requirements. So does your pilot.

Tell us about your sector and your regulatory environment — whether you're running the transformation, selling it, or delivering it. We'll scope a pilot that fits.