8 Images Total
In 2006, Canadian P&C insurer Desjardins General Insurance Group (DGIG) began a four-year journey to completely migrate its systems from a multiple-virtual storage/integrated database management system platform to a new Windows/Oracle platform. With help from consultant Blue Phoenix, DGIG successfully migrated to a platform that promoted the convergence of distribution channels and enabled performance and scalability improvement over legacy systems both on time and on budget.Based on their experiences with what has been hailed as the largest successful modernization project done in both North America and in the history of the insurance vertical, on the following slides, DGIG and Blue Phoenix identify some best practices that may help insurers when replacing their legacy systems.
1. Executive Buy-In
DGIG followed a management approach that relied on the accountability of those responsible and IT resources and involvement of managers and upper management, which ensured the mobilization of resources throughout the project.