Data migration enables consolidation of multiple legacy policy administration systems
UCT’s data conversion solution enabled ANICO to consolidate multiple policy administration and client systems for common client viewing and easy, cost-efficient system maintenance.
ANICO's Business Challenge
ANICO had been utilizing multiple out-of-date legacy systems that were not only cumbersome and costly to maintain, but did not provide any 'householding' ability to provide a common view of the client.
With multiple policy administration systems and multiple client systems, it was virtually impossible to depict an accurate customer profile, impacting both client service and cross-selling potential.
With ANICO's decision that their current Life70 (internal name Plus74) and Vantage One environments had essentially reached their end-of-life, ANICO opted to utilize more current technologies and software to support all their lines of business and provide the much-needed common client system. But, with this decision came the task of system evaluation and the daunting task of converting years of policy and client data and transactions.
The Solution
With the target systems selected (ANICO's existing CyberLife systems), requirements for system modifications and the data conversion effort were clearly defined. ANICO chose to look to system vendors for primary expertise on the necessary functionality modifications, while choosing to engage UCT for the majority of the data conversion effort. This strategy was chosen by ANICO in their effort to work with best-of-breed solution and service providers, with UCT selected due to their core competency and successful track record in insurance industry data migration.
The Implementation
UCT was engaged to perform all data migration to the CyberLife system:
Schedule of ANICO Conversions by Phase:
LEGACY SYSTEM LINE OF BUSINESS TARGET SYSTEM
Plus74 (Life70) Garden State Life subsidiary life CyberLife
Vantage One UL CyberLife
Plus74 (Life70) ISWL CyberLife
Plus74 (Life70) Traditional Life CyberLife
Plus74 (Life70) Home Service MDA CyberLife
Plus74 (Life70) All Industrial Policies CyberLife
Total conversion effort: approximately 3 million policies!
