Back to the future
In the 1960s, insurance companies were among the first commercial enterprises to invest heavily in computer technology. But rather than reaping the benefits of their foresight, many large organisations have since slipped back, and are processing up to 70% of vital business data on legacy systems that, on average, first saw the light of day in 1990.
Bearing in mind the major advances in IT over the past 13 years, these systems have become 'antiques', requiring constant and expensive
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on E-Trading
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Supreme Court rejects insurers' appeals in BI test case judgment
- Insurers urged to pay claims quickly following BI ruling
- A-Plan to absorb Howden’s UK retail business
- US-firm AssuredPartners buys Borland Insurance as it grows UK footprint
- Inflexion plans to build another "powerhouse" UK broker after Bollington sale
- Allianz teams up with Davies for broker apprentice programme
- GB Underwriting joins Specialist Risk Group