New York, NY and New Orleans, LA – June 19, 2025 — Percipience, an insurtech data and analytics provider, is pleased to announce MSIG USA has been named a
2025 Celent Model Insurer Award winner for its enterprise-wide digital transformation, powered by Percipience’s Data Magnifier platform. The award recognizes MSIG USA’s rapid and strategic initiative to modernize legacy systems, unify data sources, and leverage analytics to fuel growth and improve operational efficiency.
MSIG USA was honored in the “
Legacy and Ecosystem Transformation” category, a distinction reserved for organizations undertaking complex, enterprise-scale modernization efforts. MSIG USA’s transformation strategy, which aims to support aggressive growth in premium, involves executing more than a dozen concurrent workstreams and replacing core systems across underwriting, accounting, policy, claims, and compliance.
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This program represented an ambitious commitment to accelerate transformation,” said Prashant Hinge, Chief Information and Transformation Officer at MSIG USA. “
With Percipience’s support, we stood up a cloud-native enterprise data platform that consolidated data from more than 15 systems, enabling AI-driven underwriting, real-time reporting, and improved customer and financial outcomes. This award validates the vision, alignment, and collaboration our teams brought to the table.”
Key outcomes from the initiative include a significant reduction in underwriting processing time, measurable improvement in underwriting performance, and substantial cost savings in reporting and data management. By consolidating data from across the enterprise into a single platform, enhancing data governance, and enabling self-service reporting, the program has improved operational efficiency, increased underwriting capacity, and reduced technology and licensing costs — laying the foundation for scalable growth through 2026 and beyond.
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This award is a testament to how the right data foundation can drive true business transformation,” said Bruce F. Broussard, Jr., Managing Director of Percipience LLC. “
MSIG USA’s bold approach and disciplined execution have proven that data-driven decision-making, powered by clean, complete, and real-time insights, is no longer aspirational—it’s essential. We’re proud to be their partner on this journey.”
Celent, a global research and advisory firm focused on technology in financial services, presents the Model Insurer Awards each year to recognize best practices in insurance technology. The Legacy and Ecosystem Transformation category honors organizations that are replacing or modernizing core systems to enable future innovation and operational agility.
For more on the Celent Model Insurer Awards, visit
www.celent.com.
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