System Modernization Solutions for Insurers
As a leader in the industry, CSC offers an unmatched variety of options to help insurers modernize their policy administration systems.
Insurance companies of all sizes are faced with aging systems that are inflexible and expensive to maintain. With tight IT budgets, managing a complex application portfolio can be a real challenge. Are there ways carriers can modernize their systems while still keeping costs under control? And can outside IT vendors help this process or do they just add more cost and complexity?
Some vendors offer insurers only one solution — new software. These providers fail to mention that system replacement is just one of many options available.
“There’s no off-the-shelf solution for application portfolio modernization,” said Bob McDonald, executive advisor for Insurance Solutions at CSC. “And, all too often, vendors are part of the problem by selling insurers on a new system, while lacking the expertise or support to tackle the entire portfolio. Modernization is a continuing program — not a one-time project or initiative.”
Best Practices for Insurers
No other provider can match the variety of options and best practices that CSC brings to bear in support of system modernization — from conversions, business process services, application outsourcing and system upgrades to entirely new solutions both on-premises and in the cloud. Be sure to know all your options before you act.