Now is the time insurers should be investing in becoming more innovative while improving customer satisfaction, rather than just spending a fortune maintaining outdated legacy systems and accumulating technical debt.
The architecture exists to overcome this challenge, but to adopt takes bold decision-making and confidence in the solutions available. With evergreen Software-as-a-Service technology, insurers can refresh and configure their core systems to avoid technical debt.
This spotlight highlights why it is vital 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.