Is Your Legacy System a Liability?

The number of systems some insurers are currently running will surprise you.
The number of systems some insurers are currently running will surprise you.

Recent studies have shown that legacy systems provide many challenges for today’s insurers. Current systems prohibit organisational scale and growth, cannot adequately protect client’s data, and don’t support robust data quality. But one of the biggest challenges insurers face is the need to run multiple systems at once, more than three quarters of enterprise companies are running six or more.

Many systems mean more problems and greater inefficiencies. It is expensive. Managing multiple logins is a hassle. Accessing systems remotely is too difficult. Training staff takes too long. Manual data entry leads to errors. 

Does this sound like you? 

Intellimin’s centralised end-to-end platform streamlines, enhances accuracy, improves customer experience, and ultimately reduces operational costs. Upgrading your system is not just a competitive advantage - it’s a strategic move towards sustainable growth.  

Get in touch to speak to an expert today. 

 

*source- 'Legacy Out, Digitalization In: The State of Modern Insurance Technologies 2024'

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