Insurance

The insurance industry as a whole has seen radical change in recent years. Large established insurance institutions using legacy systems to operate their business faced the challenge of smaller internet based insurance providers using up to date technology to meet client needs.

In addition, added pressure of FSA implications, tighter regulations, strict audit trails and a general decrease in consumer trust has forced institutions to improve both their internal and external processes and operations.

As a result, these institutions implement IT solutions that improve their legacy systems, replace them with new technology, improve reporting processes and increase the efficiency of their distribution channels.

MagenTys have a wealth of experience and client case studies that cover the following key areas of expertise:

• Underwriting.
• Reinsurance.
• Life and Wealth Management.
• Property and Casualty.
• Policy Administration.

Case Studies:

Legal & General.pdf

Phoenix Insurance.pdf