Legacy Modernisation: How Can Insurers Achieve Success?

Insurers constantly grapple with a persistent issue, which revolves around their inability to liberate themselves from outdated technologies. Unfortunately, the outcomes of their attempts to overcome this challenge are frequently underwhelming. As a result, the insurance industry often finds itself progressing at a sluggish pace when it comes to introducing innovative products and adopting disruptive technologies. To exacerbate matters, the business landscape is constantly evolving, posing additional complications for insurers. In this report, we will delve into the best practices that can be employed to attain success in modernising legacy systems within the insurance sector.

_{pic courtesy: marc-olivier-jodoin- Unsplash}