legacy systems News
Report: Insurers Keen on Replacing Legacy Systems Seek More Agility
Insurance companies are replacing or augmenting legacy systems in search of product innovation and technology integration, according to a new Information Services Group (ISG) Provider Lens Insurance ...
Bogged by Legacy Systems, Insurers Lose Competitive Edge
New research highlights the urgency for insurance companies to shift from complex, costly legacy systems burdened with outdated technology to modern systems to remain competitive in the current ...
Falling Short: Insurers Not Realizing Operations Modernization Plans
Modernizing insurance operations is top priority for nearly 90 percent of carriers recently surveyed but less than half have a fully developed strategy in place to make it happen. The survey of 298 ...
Viewpoint: Don’t Leave a Legacy of Legacy Systems
Insurers are not typically thought of as disruptors. You know, the ones anticipating change, willing to ride the waves, and making drastic changes based on where the market will be rather than merely ...
Strategies to Help Insurance Carriers Overcome Digital Transformation Barriers
Today's technologies can help insurers improve processes in every operational area, yet many carriers are still struggling to determine where the changes are most needed and the right technology to ...
Systems Integration: Leave Patchwork Solutions Behind
One of the biggest challenges property and casualty insurers face today centers on the functionality of their legacy systems, which weren't built to align or integrate with other platforms, external ...
RenaissanceRe Will Buy Minority Stake in Legacy Acquirer Catalina Holdings
RenaissanceRe will pick up a minority stake in Catalina Holdings (Bermuda) Ltd., a long-term manager of legacy runoff P/C insurance and reinsurance businesses. Neither side is disclosing financial ...
An Underwriter’s Guide to Assessing Risk for IT Patching
EternalBlue, a computer worm believed to be developed by the NSA to take advantage of a vulnerability within Microsoft Windows, was made public approximately five months ago. While patches for this ...