Assurances Assurance principale Infonuagique

Core modernization in life insurance savings

The last frontier
21 mai 2024
Découvrez le parcours transformateur de la modernisation du mainframe des assurances avec cette image visuellement saisissante. Découvrez comment la modernisation des mainframes peut révolutionner le secteur des assurances, en améliorant l'efficacité, la sécurité et la satisfaction des clients. Découvrez les avantages de la mise à jour des systèmes existants et de l'adoption de technologies de pointe pour rester compétitif sur un marché en évolution rapide. Découvrez l'avenir de l'assurance avec la modernisation du mainframe et son impact sur l'excellence opérationnelle et la prestation de services.
Modernisation du mainframe des assurances : transformer l'avenir de l'assurance
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Modernizing the core of life insurance savings provides insurers with the opportunity to leverage the decades of data to enrich machine learning and predictive analytics processes offered by cloud computing.

The insurance industry has seen a boost in life insurance savings products in recent years. To take advantage of market tailwinds, insurers need to modernize their core systems. Core modernization has historically been delayed due to the stringent governance and risk requirements of life insurance savings products, as well as the need for careful management based on mathematical balance sheet provisions that have to be accounted for individually. However, given the positive results from the move to cloud in other insurance segments, and fueled by growing demand and increased competition, many institutions are deciding to act. They have started to migrate their mainframe environments to the cloud to be able to adopt AI and automation tools that provide competitive advantages.

 

The use of mainframes was at its height several decades ago, when the state of technology at the time justified entrusting the core to this type of monolithic infrastructure. However, technological innovations in recent years have completely changed the landscape, and arguments in support of the mainframe have now become little more than myths.

 

 

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