Insurers can maximize the benefits of the Duck Creek Suite through efficient policy and claims migration from legacy systems to deliver seamless customer service. However, the typical schedule overrun in Policy and Claims migration is above 135% due to the following reasons:
- Lack of experience in insurance data migration
- Unfamiliarity with the data model of the Duck Creek platform
- Lack of automation in profiling, cleaning, mapping source and target fields
- The inability of the migration solution to transform the data due to differences in existing and future products, and coverages
There are multiple challenges in migrating Policy and Claims to the Duck Creek Suite. Hexaware uses its metadata-driven automated data conversion engine to accelerate the journey of Policy and Claims conversion from multiple legacy source systems to the core Duck Creek Suite of products. Our Duck Creek data migration platform is compatible with various migration strategies like conversion of policies on renewal, mid-term conversion with a big-bang approach and robotics-led conversion.
Hexaware promises to deliver a smooth, hassle-free data migration journey with:
- A proven methodology led by a tool-driven automated approach using Hexaware’s automated conversion engine for migration to the Duck Creek Suite
- The experience of migrating millions of policies and claims for 10+ Insurers
- A team of certified Duck Creek and Insurance experts with country-specific knowledge of the insurance domain and data security regulations
