Ask any chief technology officer, and you'll confirm that one of insurance IT's biggest headaches revolves around how to keep up with a technology market that is evolving at a frighteningly rapid pace. No one wants to be left behind, but it's impossible keep up-to-date with every innovation on the market.
As a result, most carriers end up with several disparate systems handling their various business processes. However, as IT is increasingly recognized as an area that can actually drive business growth, it becomes even more important that all a carrier's data is transparent and available across all systems.
Investing in a broad, all-encompassing business management system might be the right choice for you, if you have a few million dollars and months of installation and training time to spare. But the chances are you don't have such luxuries, and the legacy systems you've already invested significant time and money in work just fine on their own. They simply need to be able to work with each other.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
