It’s no secret that many insurers are still held back by outdated legacy software systems, but for many the significant operational impacts of the inefficiencies this engenders is difficult to quantify.
Now is the time insurers should be investing in becoming more innovative while improving customer satisfaction rather than just spending a fortune keeping the lights on and accumulating technical debt.
The architecture exists to overcome this challenge, but to adapt takes bold decision-making and confidence in the solutions available.
This article highlights how vital it is for insurers to upgrade their legacy systems in an ever-changing insurance market.
• The winds of change.
• An education process.
• A better value IT spend.
• A mature cloud environment.
• Accessing the technology ecosystem.
• Attracting new talent.