Insurtech Magazine September 2023 | Page 97

“ Some digital transformation initiatives do not necessitate a complete rebuild . Most strategies can start with a pilot then broaden with incremental changes and where possible , tested out on a small part of the business before a larger rollout .”
Stuck behind the curve : How do legacy insurers modernise ? So , with it now seemingly easier than ever to transform legacy systems and architectures , unilaterally bringing insurance into the digital age , what must legacy insurers still behind the curve of transformation do to catch up ?

“ Insurers need to build an API layer that can seamlessly integrate their systems with those used by retailers ”

TIM QUEEN HEAD OF INSURANCE CONSULTING ,
COGNIZANT
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