the challenge

A [i]professional liability provider[/i] had reliably delivered coverage for its members for over 40 years.

A [i]professional liability provider[/i] had reliably delivered coverage for its members for over 40 years.

A [i]professional liability provider[/i] had reliably delivered coverage for its members for over 40 years.

A [i]professional liability provider[/i] had reliably delivered coverage for its members for over 40 years.
A [i]professional liability provider[/i] had reliably delivered coverage for its members for over 40 years.

But their success relied precariously on decades of institutional knowledge stored in a decades-old platform that was only fully understood by one person.

Even with highly capable teams, outdated UI and fragmented workflows meant their system couldn’t integrate with modern tools or provide the digital experiences their policyholders expected. Manual processes created operational bottlenecks and compliance risks, increasing costs while limiting growth.

AI tools

AI tools

AI tools

AI tools
AI tools

eliminate the “unknowable system problem” by capturing decades of hard-coded rules and translating them into clear documentation and modern code.

Systematic analysis

Systematic analysis

Systematic analysis

Systematic analysis
Systematic analysis

reduces modernization risk, prevents costly surprises, accelerates delivery, and avoids downtime.

New architecture

New architecture

New architecture

New architecture
New architecture

makes it easier to add features, integrate with partners, and adapt to market changes.

Connected platforms

Connected platforms

Connected platforms

Connected platforms
Connected platforms

makes it easier to add features, integrate with partners, and adapt to market changes.

Accessible business logic

Accessible business logic

Accessible business logic

Accessible business logic
Accessible business logic

from every rule, exception, and workflow is now available in an admin portal, enabling easy updates.

What Praxent Did

The AI-Powered Breakthrough

The AI-Powered Breakthrough

The AI-Powered Breakthrough

The AI-Powered Breakthrough
The AI-Powered Breakthrough

By combining AI with software engineering, we reverse-engineered millions of lines of business logic within the legacy code, systematically parsing them to extract.

Rating calculations and underwriting rules shaped over decades

Rating calculations and underwriting rules shaped over decades

Rating calculations and underwriting rules shaped over decades

Rating calculations and underwriting rules shaped over decades
Rating calculations and underwriting rules shaped over decades

Claims workflows and approval hierarchies

Claims workflows and approval hierarchies

Claims workflows and approval hierarchies

Claims workflows and approval hierarchies
Claims workflows and approval hierarchies

Regulatory compliance logic and reporting processes

Regulatory compliance logic and reporting processes

Regulatory compliance logic and reporting processes

Regulatory compliance logic and reporting processes
Regulatory compliance logic and reporting processes

Integration dependencies across systems

Integration dependencies across systems

Integration dependencies across systems

Integration dependencies across systems
Integration dependencies across systems
AI outputs were validated by our expert engineers to ensure accuracy and compliance. This created permanent documentation of the “black box” and revealed additional modernization opportunities.
The Results

Building modern core systems that keep what works

Building modern core systems that keep what works

Building modern core systems that keep what works

Building modern core systems that keep what works
Building modern core systems that keep what works

Armed with the extracted business logic, Praxent rebuilt the system on a modular, cloud-ready platform that preserved what worked while providing future flexibility.

Every edge case and exception was mapped, so nothing was lost.

Zero
Cost reduction vs. traditional modernization
5X ROI
Cost reduction vs. traditional modernization
One
Cost reduction vs. traditional modernization
~ 30%
Cost reduction vs. traditional modernization

Traditional Manual Discovery Approach

Traditional Manual Discovery Approach

Traditional Manual Discovery Approach

Traditional Manual Discovery Approach
Traditional Manual Discovery Approach
~6
months
~3,840
person-hours
~$250K
in engineering time
40-60
SME requirements workshops

PraxentDecodeSM

~2
weeks
100
hours of runtime
$2.5K
in tokens
-3
SME requirements workshops