iConvert+ Delivers Data Migration Efficiency Gains to a Large European Insurer
About the Client:
The client is a Leading Belgian Carrier who are part of a multi-billion Euro Group Headquartered in Switzerland.
The client had acquired two companies in Belgium with 6 policy administration systems based on several obsolete technology platforms and faced the following challenges:
Data from 6 systems were to be migrated to one system
Information gaps which were mandatory in new system had to be solved
Each product had to be analyzed to determine how that the migration would be done without loss of benefits to customers
Actuarial calculations had to be worked out to ensure that reserves were migrated correctly
iConvert+ analysts assessed the situation and developed an overarching strategy for all 6 years
A Common reusable metadata interface suitable for all 6 migrations was designed
A Partner migration engine was implemented to ensure that brokers and clients were consistent and not duplicated across waves of migration
iConvert+ Hexmig data migration engine was used to automate scripting and to deliver efficient migration
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