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Legacy Policy Data Migration
ValueMomentum assisted a leading P&C carrier migrate legacy policy data into a new robust platform.
Industry
Insurance
Client
Leading P & C customer
Needs addressed
Core Systems Replacement & Modernization
- The Client wanted to migrate all the legacy policy information into New PAS system (OneShield Dragon)
- Client aimed to set up the legacy migration at the policy renewal
- Client aimed to cleanse and transform the legacy policy data before migrating to new PAS system
- The goal was to provide Self-Serve capabilities to agents in order to quote, issue and service the policies online
- The objective was to build a data migration framework that can be extended for other line of businesses
Technology Solution delivered
Core Systems Replacement & Modernization,Data Integration, Management and BI
- Migrated the unstructured and non cleansed legacy policy data into a structured, cleansed data in new PAS system
- Integrated the data migration framework with Master Data Management applications to get the latest customer information
- Architected solution to incorporate future Line of Businesses
Execution model
Onsite - Offshore, Time and Material
Technologies used
Microsoft SSIS, .Net WCF, Oracle DB
Benefits delivered
- Migrated the policies from Legacy PAS into new PAS (OneShield Dragon) for BOP line of business
- Delivered reconciliation reports framework for auditing of the policies
- Architected a solution to develop a common framework to migrate policies from any legacy line of business into new PAS system (OneShield Dragon)
- Delivered reusable components for future usage in similar projects
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