Leveraging AI to transform legacy technology
Reducing the cost, complexity and risk of modernising legacy technology
Bob Bob Ricard, Leadenhall
Free to attend | Only 15 places
Overview
Legacy technology remains one of the most persistent barriers to change across insurance. Ageing systems can be costly to maintain, difficult to integrate and increasingly dependent on specialist skills that are becoming harder to find. Yet replacing technology deeply embedded across underwriting, claims and placement processes can be expensive, complex and high risk.
The challenge is not simply how to replace legacy technology, but how to modernise it without creating tomorrow’s legacy problems.
AI is creating new opportunities to tackle these challenges differently. Rather than relying solely on large-scale replacement programmes, insurers are exploring how AI can help modernise applications, automate complex processes and unlock information trapped within legacy systems and documents.
This breakfast briefing will focus on three areas where insurers are applying AI to legacy technology challenges:
- Application modernisation
- Process orchestration and automation
- Intelligent document processing
Through practical insurance examples, you will explore how organisations are using AI to accelerate modernisation, reduce the cost and risk of change and create more flexible technology foundations for future innovation.
Topics to be discussed include:
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Identifying where AI can accelerate legacy modernisation without requiring wholesale system replacement
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Reducing the cost and risk of modernising complex legacy applications
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Using AI and automation to connect fragmented processes, systems and data
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Building architecture and technology foundations that support future change and AI at scale
Speaker
- Takes place in the private dining rooms at Bob Bob Ricard, Leadenhall
- Only 15 industry practitioner places are available
- Hear the case studies then participate in the Q&A
AGENDA
08:00 Registration, tea and coffee
08:15 Breakfast of your choice
08:40 Introduction by the chair
08:50 Presentations
Case studies: Successfully deploying new approaches to modernise legacy technology
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Deciding where AI can genuinely help with legacy modernisation and where traditional approaches are still the better option
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Managing the risk of changing systems embedded in critical underwriting, claims and operational processes without disrupting the business
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Dealing with poor documentation, fragmented data and complex integrations that make legacy modernisation harder than it first appears
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Sequencing change so that modernisation reduces technical debt rather than creating a new layer of complexity for the future
09.05 Roundtable discussion & feedback
10:00 Close
Sponsored by
Fincons Group is an international IT business consulting company that has been shaping the digital future of leading enterprises across various industries—including Financial Services and Insurance, Media, Energy & Utilities, International Institutions, Manufacturing, Public Administration, and Transportation—for over 40 years. We deliver forward-looking, cutting-edge solutions and technologies to clients worldwide.
With 2,800 professionals and offices in Italy, Switzerland, the United Kingdom, Germany, France, Belgium, the USA, and India, Fincons is a multinational company that retains the values of a family business, where the founders continue to play a strategic role with dedication and passion.
In the Financial Services and Insurance sectors, Fincons has built a strong reputation by anticipating new business models and adapting to the rapid evolution of IT systems. We offer a comprehensive range of services, including IT consulting, system integration of leading vendor solutions, proprietary software offerings, and Smart-Shore IT services.
Our client-centric, collaborative approach has earned us long-standing relationships and high customer satisfaction. Continuous hands-on experience has deepened our knowledge of business processes and emerging technologies, allowing us to deliver customized solutions tailored to specific needs.
For more information, visit finconsgroup.com