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Tech & Core ModernisationWhy are legacy policy admin systems a transformation bottleneck for insurers?
Policy admin systems encode complex actuarial, underwriting, claims, and regulatory logic. Modernization requires product migration, data conversion,…
Policy admin systems encode complex actuarial, underwriting, claims, and regulatory logic. Modernization requires product migration, data conversion, and integration with broker portals and claims systems. Replacement disrupts pricing, product, and operational governance. Carriers adopt coexistence architectures to mitigate risk.
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