A recent survey conducted by Arizent Research on behalf of Origami Risk found that a majority of insurers plan to modernize their core technology in the near future. However, many organizations do not understand the link between a modern core and addressing other key business priorities. The survey also found that legacy infrastructure is the most commonly cited challenge by insurers in advancing their key business priorities. The report suggests that multi-tenant vendor-hosted solutions offer critical flexibility and adaptability for insurers. 

This report encourages insurers to gain agility by future-proofing their tech stack, which will require them to put the right platform in place, such as a more flexible core platform that can integrate seamlessly with systems across the enterprise.