Like many of its mid-size insurer counterparts, Indiana Farm Bureau Insurance Co. understands that overhauling legacy information systems is a costly proposition. As a result, the carrier continues to conduct business from multiple and disparate systems.But what if an insurer could eschew the high cost of a comprehensive systems conversion and reap the operational benefits of an effective but less-expensive alternative?
Executives at the Indianapolis-based insurer in fact identified a cost-effective "bridge" solution to streamline policy processing within its $500-million book of business, a book that includes life, auto, farm and homeowners insurance lines.
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