Insurance Cloud SolutionThe Key Driver Modernizing Legacy Systems
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Insurance Cloud Solution Event with Celent
Discover how, through a blend of technology, insurance expertise, and gastronomy, we were able to explain to our clients why ICS is the Key Driver Modernizing Legacy Systems.
Accelerate. Modernize. Innovate
Transforming Insurers' Core Systems through the Cloud
Drive your business forward by aligning platform strategies with your organizational goals. Embrace continuous modernization to stay ahead of industry trends, optimize operations, and foster innovation.
With scalable, future-ready solutions, transform your infrastructure into a powerful enabler of growth and agility.
Why ICS
More than just a Platform...
Expert Guidance
Align cloud strategies with business goals
Ensure seamless integration and measurable impact.
Unlock new business models by leveraging the flexibility and scalability of cloud solutions.
Strengthen competitive positioning with a forward-thinking approach to cloud transformation.
Drive innovation through tailored cloud strategies.
System Modernization
Transform legacy systems into scalable, future-ready solutions
Modernize legacy systems to enhance performance and support future growth seamlessly.
Transform outdated infrastructure into scalable, adaptable, and efficient solutions.
Prepare your systems for tomorrow’s challenges with cutting-edge modernization strategies.
Cost Reduction
Migrating legacy systems to the cloud cuts costs for infrastructure and ongoing maintenance
Reduce expenses by optimizing infrastructure through cloud-based solutions.
Minimize maintenance costs with a streamlined transition to the cloud.
Achieve cost efficiency by replacing legacy systems with scalable cloud technologies.
Enhanced Security
Built-in frameworks ensure data protection and compliance
Strengthen data protection with robust, built-in security frameworks.
Ensure compliance through advanced, cloud-integrated security measures.
Safeguard sensitive information with next-generation security protocols and tools.
ICS Use Cases
Transforming Insurance Operations in Iberolatam
NTT DATA led a strategic initiative for one of the world's top insurance companies to modernize their IT systems in the Iberolatam region. The project aimed to transition from on-premises systems to the cloud, adopting a "Only Cloud and SaaS" strategy to achieve over 80% public cloud utilization.
Key achievements include reducing obsolescence and costs, implementing a dual strategy of 70% rehosting and 30% replatforming, and improving resilience and customization for diverse countries. The project encompassed 6,500 MIPS, 20,000 software artifacts, and 1,741 application components, ensuring a five-year ROI through cloud-managed services.
Streamlining Mainframe Migration
NTT DATA leveraged its ICS framework to support a global insurer in transitioning legacy mainframe applications to the cloud. The framework provided a decision-making toolset and a structured approach to analyze, plan, and execute migrations.
Utilizing methodologies like rehosting and replatforming, the insurer achieved a 20% cost reduction and a 40% acceleration in migration timelines. The initiative also integrated modern cloud technologies, enhancing operational efficiency and enabling scalable solutions. This modernization effort aligned with the insurer’s goals for digital transformation while maintaining secure and compliant operations.
Accelerating Innovation in Insurance
NTT DATA collaborated with a leading insurance provider to integrate advanced cloud technologies, focusing on automation, analytics, and AI. By leveraging tools like Infrastructure as Code (IaC) and Configuration as Code (CaC), the project optimized resource allocation, improved operational efficiency, and reduced infrastructure costs.
Real-time fraud detection and advanced business intelligence capabilities were incorporated, streamlining claims processes and enhancing customer experiences. The insurer also benefited from tailored solutions to meet regulatory and market demands, driving innovation across their core processes.
How do we Help Insurers?
ICS Benefits
Operational Efficiency and Cost Reduction
Optimize resources and cut operational expenses with cloud technology
Agile Innovation and Competitive Edge
Modernize your systems and accelerate product time-to-market
Strategic Decision-Making with Data Insights
Leverage advanced analytics to drive confident business decisions
Enhanced Security and Regulatory Compliance
Enhanced Security and Regulatory Compliance
Migration to Cloud
NTT DATA Modernization Methodology
NTT DATA offers a comprehensive framework designed to guide customers through every stage of their journey to modernizing with the cloud. This end-to-end approach ensures a seamless transition, from assessing current infrastructure and defining strategic objectives to implementing scalable, future-ready solutions.
By addressing key challenges and aligning with business goals, this framework provides the expertise and tools needed to unlock the full potential of cloud transformation.
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The Team
