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Massively Accelerate Insurance Innovation

The Challenge

Insurance customers are demanding user-friendly products and easy online access to all insurance products. Meanwhile, the trillion-dollar insurance industry faces disruption from an onslaught of digitally-native brands offering innovative products and a streamlined customer experience. How can insurance companies that rely on data in mainframes and midrange systems transform their businesses fast enough to compete with these FinTech disruptors?

The Solution

Composable insurance is the answer. Composable insurance is the ability to rapidly assemble new insurance products and customer experiences from cloud-native building blocks. OpenLegacy transforms the way insurance companies innovate by finally making composable insurance a reality.

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The Fastest Path to Composable Insurance

OpenLegacy connects directly to core systems, automatically generates digital-ready code, and deploys as standard microservices or serverless functions. With OpenLegacy, insurance companies can finally achieve the speed and resilience of the composable enterprise — harnessing legacy assets for continuous innovation.

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Go Digital 10x Faster

Rapidly launch new digital innovations by harnessing the power of your legacy systems, mainframes, databases, or applications.

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Reduce cost by 75%

No special skills needed. No changes to core systems required - dramatically cutting down dev & deployment effort.

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Built for the Hybrid Cloud

Deploy legacy assets as microservice-based APIs or serverless functions for on-premises, on the cloud or both.

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Use Cases and Benefits

Business Use Cases Technical Benefits
Customer Experience

Create a seamless customer experience from selecting policy options and price quotes to online purchase.

Speed

Automatically create insurance APIs from core (legacy) systems in minutes, and deploy projects in days or weeks.

Claims Management

Accelerate and reduce the cost of claim processing.

Cost

Avoid costly and complex options, such as rip and replace, re-platform, re-hosting, SOA and ESB.

New Products

Introduce new offerings and provide customized solutions by unifying the digital ecosystem with data from legacy systems.

Security

Keep connections secure by using HTTPS and TLS to access core systems. Your microservice-based APIs are secured with strong-type checking (JSON) and oAuth2 (web authentication).

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Case Study

AIG delivers real-time quotes and reduces payment time from days to minutes

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Case Study

MetLife achieves regulatory compliance with privacy laws when BigID & OpenLegacy combined forces

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Case Study

Liberty Mutual leverages OpenLegacy to modernize claim management workflows

Become Digital to the Core

See a Demo