Tackling the legacy challenge requires a holistic view of core processes and the data they convey at each stage of the insurance value chain. Data is the raw material of insurance, and insurers are continuously speeding up the way they collect relevant data sets and turning them into valuable information to make various decisions, including underwriting, pricing/ratemaking, claims, etc. With its digital foundation through data modernization, ICW Group has placed data at the center of their legacy and ecosystem transformation strategy.

Insurance Company of the West (ICW Group) has transformed its business and built a strong digital foundation with focus through data modernization.