legacy systems News
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 ...
Culture Clash: Marrying Traditional Insurance Businesses With Startup Benefits
Apparently, 50 is the new 30 and "Orange is the New Black." Reinvention is the word of the day, and even the traditional insurance industry is getting in on the act. Shopping and purchasing ...
Aging Core Systems Not Making the Grade: IGO Carrier Research
A new survey of P/C and group life carriers revealed that more than 50 percent cite legacy systems as the top core system challenge, followed by integration and scalability/flexibility issues. ...