White Paper

Embracing Insurance Core Modernization for Future-Readiness

Embracing Insurance Core Modernization for Future-Readiness

Pages 25 Pages

The insurance industry faces rising pressures from legacy systems, evolving customer demands, and economic uncertainty. Modernization is essential to improve efficiency, agility, and competitiveness. Core transformation strategies include cloud migration, low-code platforms, API-first architectures, and AI-driven automation to deliver faster time-to-market, personalized services, and better risk management. NTT DATA emphasizes phased modernization aligned with business goals, blending replatforming, custom solutions, and middle-layer approaches. Case studies, such as Generali in Brazil, highlight measurable benefits in scalability, cost reduction, and customer experience, positioning insurers for sustainable growth and future readiness.

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