The fundamental challenge with Life PAS modernization is time. Policies that are on the books today may have been sold 75 years ago and still have not paid out. The complexity of long-term, sometimes unreliable, data stored on aging systems complicates the technology world of life and annuity insurers. Even in that environment, many companies have reached, or are reaching, the point of a major step forward on back office implementations.
In this webinar the goal is to understand the decision-making process for insurers and how they reached the point of investment in a new back office system, from the point of recognition of the problem through the decision to move forward. We focus on the differences between tangible benefits (hard dollars) and intangible benefits (soft dollars). The challenge for any large-scale implementation is to find a positive return on investment (ROI).
Please register or sign in to watch the webinar; it's about 30 minutes long, and it's free. The link will appear below once you sign in. Enjoy!