Insurers face complex application and infrastructure landscapes as a result of years of risk-averse mergers and acquisitions that failed to integrate the technology of new acquisitions. When asked by Celent to rank the problems that legacy applications are causing, insurers cite, most frequently, the inflexibility of legacy applications.
In this whitepaper, Catherine Stagg-Macey, Senior Insurance Analyst at Celent and TCS consultants draw on their market understanding and experience to explore the best practices which allow insurers to dramatically reduce their IT portfolios. By bringing rigor and discipline to this effort, insurers can address cost concerns while increasing overall IT effectiveness.