Client Challenges Today
When converting legacy systems, insurers must decide how to manage a significant number of terminated policies: closed blocks, acquired blocks, and ancient policies. Although accessing these policies post-conversion may be unlikely, insurers must evaluate the time and cost to convert them against the need for access.
How We Help
Capgemini’s innovative and highly cost-effective solution helps insurers manage terminated policies during system conversions. Our Archive Retrieval Facility is a proven solution that allows insurers to archive and retrieve terminated policies through a browser-based application. Business users can view terminated policy data and transaction data in formats familiar to them for ease of use and inquiry.
Why Capgemini?
Our Archive Retrieval Facility:
- Provides a platform to view terminated policy data without going back to the legacy system
- Removes wasted cost, time, and effort to set up old products and convert non-essential terminated policies
- Eliminates the need to maintain legacy systems just to gain access to terminated policies
Contact us today at insurance@capgemini.com or connect with one of our insurance experts.