Many insurers are battling a stigma around the risks of migrating their data from their old, legacy policy administration systems to a new, modern platform. There is a prevailing view that data migrations are difficult to complete and have a high degree of failure. These are extremely large and complex projects with inherent risk to the existing business.
But state-of-the-art migration solutions successfully address all of an insurer’s fears and the perceived risks. In this eBook you will see how a comprehensive data conversion ensures quick and effective migration of all client data with 99.9% accuracy.
In this eBook you will learn:
- Common challenges faced by insurers running aging legacy systems
- The importance of an effective consolidation strategy for migrating from legacy systems
- How to mitigate key risks in data migration
- The three elements necessary for successful data migration