Looking for the best way to upgrade your systems and migrate your data? But unsure where to start?
The need for modernization is well understood by life insurance executives. The entire industry is being challenged by the intersecting forces of significant technological upheaval, increasing regulatory change, as well as heightened customer expectations. These drivers are motivating enterprises to modernize in order to increase business agility, make higher-quality decisions and increase the speed and effectiveness of product development.
To do this, companies need access to all of their vital data--which can be a challenge when faced with outdated infrastructure evolved over years of consolidation of different companies and systems. Some organizations face risks associated with supporting those legacy systems (especially when many staff with the experience to maintain that infrastructure are nearing retirement age), and all insurance organizations are challenged to create a better digital experience for their customers even though the legacy systems make it difficult.
In this eBook you will learn:
- Important pointers on how to select the best PAS vendor
- How to assess project scope and feasibility
- How to select the best modernization approach