Despite being a top priority of the insurance industry for many years, legacy modernization efforts can seem almost Sisyphean in nature.

Yet, insurers are starting to make some real progress, according to research from Boston-based Celent. The report, “Still Seeing the Shadow: Groundhog Day for Legacy Modernization,” queried 115 P&C insurers in North America, Europe and Asia about the status of their legacy replacement initiatives.

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