Claims modernization is rampant at the moment, with businesses eager to implement systems that will provide a greater degree of flexibility and efficiency. However, given the current prominence of the legacy system, the process of making necessary changes can be incredibly difficult. The inexplicable integration of legacy into a variety of arenas presents a number of challenges for companies looking to take their insurance claims systems to the next level. The best way to ensure a smooth transition is to prepare for the switch far in advance.
Help tip: Choose A Transition Timeline for Claims Management
There is no one way to replace a legacy system; the ideal method will be determined by the timeframe allowed for the switch, as well as by the resources available for implementing this transition. Some companies choose to replace legacy as a whole, while other prefer more of a line-by-line approach. The gradual transition tends to be a better option for larger operations, particularly those that are spread out over multiple states.
Add to the list! Leave your comments below of some of your best practices methods your team puts in place when replacing core systems.