An efficient data migration is the key to making the benefits of Guidewire Suite available quickly to existing business partners. However, insurance migrations are sensitive and risky. Errors in migration can have huge repercussions in terms of disrupted operations, unhappy customers and loss of business. The typical overrun in a data migration is near 200%.
Hexaware accelerates the journey of data conversion from multiple legacy source systems to core Guidewire suite of products by using its metadata driven automated data conversion engine, iConvert+.
Hexaware has professionals with considerable insurance data conversion experience in homegrown and vendor supplied packaged applications. iConvert+ has been successfully utilized to convert millions of policies, claims, and partner records for Property & Casualty (P&C), Life and Health Insurance organizations.
Typical benefits of our solution iConvert+ are listed below:
Faster Conversion: End-to-end automation of data migration and testing enabling 30% reduction in conversion effort
Lower TCO: Outcome-based or fix pricing model with no license cost of iConvert+ and a predetermined time commitment from your SMEs
Improved Quality: Guaranteed on-time, error-free conversion of all the contacts, policies, claims and financials