In their latest version of the Property/Casualty Policy Administration Systems Report, published in February 2023, Aite-Novarica predicts that “multitenancy in core systems will become the norm over time.” Origami Risk’s more than 900 risk and core clients understand the advantages of this forward
Selecting an insurance core platform can be challenging as buyers weigh the available options. Increasingly, insurers are relying on cloud for new implementations yet the nuances between the critical differences between them remain elusive for many decision-makers. Understanding those differences
Modern insurers looking to capitalize on the promise of digital transformation face a dilemma. Continue to invest in legacy core tech at ever higher costs or gamble on traditional modernization projects that could leave them retooling yet again.
The cost of choosing the wrong platform carries
Artificial Intelligence (AI) is all too often promoted as a “silver bullet” capable of instantly solving a number of entrenched business challenges. The insurance industry, facing demands to accurately forecast and score risk in an increasingly uncharted environment, is a prime target for those
“The modern core systems that have dominated the insurance market for the last 2 decades are, in effect, modern legacy systems/ Some of these systems operate in the cloud, although that does not change the fact that many need to be updated or even re-engineered to easily work in the new digital
