Skip navigation EPAM
core systems implementation for insurers

How to Overcome the Core Systems Implementation Pitfalls Insurers Face

Implementing a new core system is often a daunting prospect for insurance carriers — and for good reason. Core system implementations have historically been significant, multi-year endeavors that dramatically overpromise, exceed budgets and, ultimately, underdeliver.

This white paper provides insight into the challenges that insurers face with core system implementation, as well as the factors informing and driving digital transformation and improvements to customer experience throughout the industry. 

1226985345

Common Challenges with New Core System Implementations


Over-extension of core platform functions


Significant customization drives cost of implementation, maintenance and upgrades


Limited business requirements rationalization


Deficient ecosystem architecture design & engineering


Lack of adequate documentation


Insufficient talent density


Complexities of data conversion


Changing product parameters

Download the white paper by filling in the form.

Authors

ANDY ROY
Director, Program Management, EPAM

BRIAN DRIMER
Senior Manager, Insurance Business Consulting, EPAM

 

READ THE WHITE PAPER

Thank You for Downloading Our White Paper

Oops, something went wrong. Please try again.

* Indicates required fields

*Please complete required fields