The insurance company of the future can’t afford to be bogged down by high-code systems.
Given the potential to save insurers time and resources, the rationale behind having a common set of definitions seems pretty clear-cut. So, why have most insurers not implemented this imperative within their organisations?
This white paper provides advice to insurers on the specific steps they can take to simplify their core systems.
• Where to start.
• Gathering all the potential sources of information within your business.
• Development and timing.
• Making your case to regulators.