Review Article Open Access December 27, 2021

Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core

1
Net Developer, USA
Page(s): 1-17
Received
July 23, 2021
Revised
November 16, 2021
Accepted
December 20, 2021
Published
December 27, 2021
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright: Copyright © The Author(s), 2021. Published by Scientific Publications
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APA Style
Amistapuram, K. (2021). Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core. Current Research in Public Health, 1(1), 1-17. https://doi.org/10.31586/ujcsc.2021.1348
ACS Style
Amistapuram, K. Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core. Current Research in Public Health 2021 1(1), 1-17. https://doi.org/10.31586/ujcsc.2021.1348
Chicago/Turabian Style
Amistapuram, Keerthi. 2021. "Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core". Current Research in Public Health 1, no. 1: 1-17. https://doi.org/10.31586/ujcsc.2021.1348
AMA Style
Amistapuram K. Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core. Current Research in Public Health. 2021; 1(1):1-17. https://doi.org/10.31586/ujcsc.2021.1348
@Article{crph1348,
AUTHOR = {Amistapuram, Keerthi},
TITLE = {Digital Transformation in Insurance: Migrating Enterprise Policy Systems to .NET Core},
JOURNAL = {Current Research in Public Health},
VOLUME = {1},
YEAR = {2021},
NUMBER = {1},
PAGES = {1-17},
URL = {https://www.scipublications.com/journal/index.php/UJCSC/article/view/1348},
ISSN = {2831-5162},
DOI = {10.31586/ujcsc.2021.1348},
ABSTRACT = {Migrating enterprise policy systems to .NET Core is a key objective of digital transformation in the Insurance IT ecosystem. This change directly addresses strategic drivers: enabling adoption of cloud-first development, resisting market pressure for more flexible and usable enterprise solutions, and preparing for changing demands from regulation and compliance. Phases of operational benefit aligned with risk mitigation form the basis of the migration roadmap, with a strong focus on engaging all relevant stakeholders. Market pressure for a SEAMLESS user experience across ALL applications is a fundamental driver for Investment in digital transformation. Gaps remain in enterprise Operations, where Legislative and regulatory accountability Demand rigid and complex solutions that Liberty has not yet been able to provide. New risk-based capital requirements, Data-Sovereignty controls, Controls for sensitive Data in the Cloud, and new Audit requirements create a long list of challenges for the ecosystem that can no longer be Deferred. At the same time, Cross-organisational integration is becoming more important and integrating partners from the insurance supply-chain requires a much more flexible approach to development and Deployment. These factors combine to generate a credible case for accelerated digital investment with a focus on Migration to Cloud Platforms, with related Risk mitigation, Quality Improvements, and flexibility benefits that close Industry gaps.},
}
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AB  - Migrating enterprise policy systems to .NET Core is a key objective of digital transformation in the Insurance IT ecosystem. This change directly addresses strategic drivers: enabling adoption of cloud-first development, resisting market pressure for more flexible and usable enterprise solutions, and preparing for changing demands from regulation and compliance. Phases of operational benefit aligned with risk mitigation form the basis of the migration roadmap, with a strong focus on engaging all relevant stakeholders. Market pressure for a SEAMLESS user experience across ALL applications is a fundamental driver for Investment in digital transformation. Gaps remain in enterprise Operations, where Legislative and regulatory accountability Demand rigid and complex solutions that Liberty has not yet been able to provide. New risk-based capital requirements, Data-Sovereignty controls, Controls for sensitive Data in the Cloud, and new Audit requirements create a long list of challenges for the ecosystem that can no longer be Deferred. At the same time, Cross-organisational integration is becoming more important and integrating partners from the insurance supply-chain requires a much more flexible approach to development and Deployment. These factors combine to generate a credible case for accelerated digital investment with a focus on Migration to Cloud Platforms, with related Risk mitigation, Quality Improvements, and flexibility benefits that close Industry gaps.
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TI  - 10.31586/ujcsc.2021.1348
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