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The Modernization Imperative for Insurance
The Modernization Imperative for Insurance
There are internal and external pressures for insurers to modernize, but large-scale core system replacement initiatives are enormously complex, risky, and resource-intensive. As a result, many insurers find themselves constrained by legacy platforms that stifle their ability to be nimble and innovate.
SME Insurance
Customer Experience
Digital Transformation
Innovation
Insurance
Technology
The insurance industry is at a crossroads. Carriers recognize the urgent need to modernize legacy systems and business processes to meet rising customer expectations, capitalize on emerging technologies, accelerate speed to market, and remain competitive.
This report examines:
- Key drivers reshaping the insurance industry
- The challenges legacy systems impose
- How implementing a modernization strategy that prioritizes delivering business value throughout the transition can be an attractive option
To find out more, download the full report.