Tear Down The Walls: Liberating Siloed Data to Drive Innovation
By Insurance Innovation Reporter
A Contributed Article by Marcel Gordon:
As insurers strive to launch new strategic initiatives, especially AI-driven programs that rely heavily on data for success, the limitations of their legacy core systems become apparent. Among the greatest shortcomings of their existing core system environments is that key data is often locked away in silos, only truly useful in its originally intended function. For real transformation to take place and innovation to flourish, these walls need to be broken down to liberate data so that it can be exploited to the fullest.