Gartner Research

How to Avoid Failure in Multicountry Insurance Core System Deployments

Published: 06 February 2018

ID: G00343626

Analyst(s): Laurie Shotton , Sham Gill

Summary

Global life and P&C insurance CIOs seeking business agility and system standardization will often consider a single core system deployment across multiple countries. Insurance CIOs should only pursue such projects where common architecture, business models, products and practices are prevalent.

Table Of Contents
  • Key Challenges

Introduction

Analysis

  • Apply the Appropriate IT Architecture That Aligns With the Business Models of the Entire Organization
    • Common Core System With Independent Country Deployments
    • Common Core System With Separate Databases
    • Common Core Systems With One Common Database
  • Establish a Center of Excellence With Scope, Governance and Budget Power to Implement the Core System and Supporting System Architecture

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