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This leading European insurer sought to replace its aging legacy system and migrate tens of thousands of life policies to a new package-based policy administration system.
Accenture, using the Insurance Data Migration Factory, migrated 50,000 policies to the new platform, delivering high-quality data, automating processes and increasing productivity.
The result for the insurer was a greater certainty and predictability in the migration of data, minimized risk through the use of established industrial data migration methodologies, encrypted architecture and tried and tested assets, data privacy regulatory compliance, high-quality results delivered on schedule, and increased flexibility, matching the rhythm of deliveries to the project pace and changing customer demands.
This leading European insurer has more than 100 years’ experience in the insurance services industry. The company provides retirement plan services, life insurance and investment products.
The insurer sought to:
With more than 14 years of experience delivering complex data migration projects, Accenture used its Insurance Data Migration Factory to help the insurer:
Migrate 15 product sets and approximately 50,000 policies to the new policy administration platform.
Deliver high-quality data with predictable results.
Automate data migration processes.
Increase productivity and repeatability.
Accenture’s fully-packaged service for data migration:
Allowed migration of the data with greater predictability and certainty.
Minimized risk, owing to the use of established industrial data migration methodologies, and tried and tested assets.
Provided full compliance with Luxembourg’s data privacy regulations using Migration Factory recommended practices..
Delivered higher quality results on schedule and at competitive costs, leveraging offshore services.
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