According to a 2014 Gartner survey, only 42% of legacy modernization initiatives at life and P&C insurers meet the original budget, and 82% take longer than expected. Is there a way of improving this dismal batting average?

Absolutely! Years of experience suggest there are five key principles that can dramatically increase your chances of on-time, on-budget legacy IT upgrades.

1. Secure boardroom buy-in

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