Proof-Of-Concept Done Right: Mitigating the Risk of Policy Administration System Migrations - Insurance News | InsuranceNewsNet

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April 7, 2010 Newswires
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Proof-Of-Concept Done Right: Mitigating the Risk of Policy Administration System Migrations

More and more insurers are recognizing the need to migrate from their legacy policy administration systems to more modern, flexible systems. Yet, despite the advantages to be gained, replacing a core system carries more risk than perhaps any other IT project.

In light of this, it may be prudent for carriers to go beyond the traditional proof of concept and undertake a 'proof of capability,' using the POC as an opportunity to prove the capabilities of vendors and system integrators. Hear more about the idea of 'proof of capability,' and learn how one life insurance carrier used a well-planned POC to significantly reduce the risk of replacing its policy administration system.

Date and Time

04/21/2010 10:00 AM Pacific Daylight Time / 1:00 PM Eastern Daylight Time / 17:00 GMT

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