Hero OIPA vendor selection ebook

Timely advice before starting your policy administration modernization project

eBook

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To do this, companies need access to all of their vital data which can be a challenge when faced with outdated infrastructure evolved over years of consolidation of different companies and systems.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 lower risk.
  • How to Assess project scope and feasibility.
  • How to select the best modernization approach in Equisoft's latest eBook.
Equisoft Article Background Image

Download Now

Related Articles

Policy Administration System

Addressing Changing Market Conditions: Carrier Solutions for Rapid Product Adaptation

Low interest rates, fluidless underwriting, new COVID variants. Insurers face volatility & challenges on every front, creating a need for quick product adaptions. In this session, we’ll share rapid product adaptation solutions and the roadmap for future development.
Watch Webinar
Equisoft Manage 1200x9630

Policy Administration System

National Western Life Insurance Company (NWL®) launches Equisoft/manage, a flexible cloud-based policy administration system

Fueling an aggressive digital transformation plan, NWL® launches a significant system modernization initiative together with the introduction of a new Fixed Indexed Annuity product.
Read Press Release
Customer Experience

Policy Administration System

How Modern Insurance Policy Administration Systems Improve Customer Experience

How to close the gap between insurance customer expectations and experience with insurance policy administration systems
Read Article