Solicitar una consulta
In the insurance industry, legacy systems are the backbone of critical operations, ensuring reliability, compliance, and efficiency in policy administration, claims processing, and risk management. At COBOLPRO , we specialize in maintaining and optimizing COBOL-powered legacy systems that support high-volume data processing, regulatory compliance, and actuarial calculations. These systems ensure uninterrupted service delivery, safeguard sensitive customer data, and adapt to evolving regulatory landscapes—without the risks and costs of migration. Let us help you maximize the value of your legacy systems while driving operational excellence and resilience.
Volver a nuestros sectores

Legacy systems for Insurance

Imagine an insurance provider struggling with slow claims processing due to an aging COBOL-based system. After partnering with COBOLPRO , we optimized their legacy infrastructure, reducing processing times by 35% and enabling seamless integration with AI-driven underwriting tools—all without migrating to a new platform. The result? Faster claims adjudication, improved customer satisfaction, and zero downtime during peak periods like renewal seasons.

  • Experiencia sectorial
Policy Administration Systems (Legacy Systems for Core Operations)

Legacy systems handle essential functions such as policy issuance, premium calculations, and renewals. At COBOLPRO , we optimize these systems to reduce processing times, improve accuracy, and ensure compliance with industry-specific regulations like NAIC and GDPR.

 

Beneficios clave:

  • Streamline policy issuance and renewals using legacy system enhancements.
  • Ensure compliance with NAIC standards through automated workflows.
  • Improve customer satisfaction with faster response times.
Claims Processing Systems (Legacy Systems for Real-Time Adjudication)

Claims processing systems powered by COBOL manage high-volume transactions, including claims adjudication, settlements, and fraud detection. We enhance these systems to ensure real-time processing, integrate with modern analytics tools, and support predictive fraud detection—all within the framework of your existing COBOL infrastructure.

 

Beneficios clave:

  • Reduce claims processing times by up to 40% through system optimization.
  • Enable predictive fraud detection using AI-driven analytics integrated with legacy systems.
  • Ensure compliance with HIPAA and other data privacy regulations.
Actuarial Calculations and Risk Management (Legacy Systems for Complex Data Processing)

Legacy systems support actuarial analysis and risk assessment, handling complex calculations needed for premium pricing, underwriting, and risk profiling. We optimize batch processing capabilities to improve speed and accuracy, ensuring insurers can make data-driven decisions efficiently.

 

Beneficios clave:

  • Perform high-speed actuarial calculations for accurate premium pricing.
  • Enhance risk profiling and underwriting processes with optimized legacy systems.
  • Integrate with modern risk management platforms for advanced analytics.
Customer Data Management (Legacy Systems for Secure Record-Keeping)

Legacy systems enable insurers to securely store and manage vast amounts of customer data, ensuring accuracy and accessibility. We optimize these systems to improve data retrieval speeds, enhance security, and ensure compliance with data protection regulations like GDPR and HIPAA.

 

Beneficios clave:

  • Safeguard sensitive customer data with advanced encryption and access controls.
  • Improve data retrieval speeds for faster customer service responses.
  • Ensure compliance with data privacy regulations through automated workflows.

Cómo ayudamos

En COBOLPRO , we don’t just maintain legacy systems—we optimize them to meet the unique demands of insurance businesses. Here’s how we help

Operational Disruption During Migration

Migrating from legacy systems can result in significant downtime, impacting claims processing, customer service, and policy management. Using Debug & Sustain , we resolve bugs and performance bottlenecks in legacy systems, ensuring uninterrupted service delivery. For example, we’ve reduced claims processing delays by 35%, improving operational continuity during renewal seasons.

Security Vulnerabilities in Data Transfer

Insurance data is highly sensitive and must be protected during migration. Legacy systems offer robust security frameworks designed to safeguard policyholder information. Through Encapsulate & Integrate , we enhance legacy systems with advanced encryption, multi-layered access controls, and intrusion detection mechanisms, safeguarding sensitive data while ensuring compliance with HIPAA and GDPR standards.

High Costs and Resource Requirements

Full-scale migration projects demand extensive financial and operational resources, including data validation, mapping, and comprehensive testing. Leveraging Optimize & Refactor , we pinpoint inefficiencies in the codebase, reducing resource consumption and lowering operational costs by up to 30%. One insurer saved $500,000 annually in mainframe MIPS costs while improving transaction speeds.

Regulatory Compliance Risks

Manual reporting processes in legacy systems often lead to errors, increasing audit risks and potential fines under NAIC, HIPAA, and GDPR regulations. With Develop & Comply , we automate compliance workflows within legacy systems, eliminating manual errors and ensuring seamless alignment with industry standards. For instance, one insurer saved $750,000 in potential fines after automating HIPAA compliance audits.

Enable Omnichannel Transformation Through Legacy Integration

Bridge your existing COBOL infrastructure with modern e-commerce platforms, mobile POS (mPOS) systems, and cloud-based ERP solutions to support unified commerce strategies and deliver a seamless customer journey.

14+
Expertos del sector en todo el mundo
43+
Insurance engagements over the past two years

8 Ventajas de COBOLpro

  • Reducción de los costes de Mainframe MIPS en hasta 30%
  • Zero Downtime for Claims Processing and Policy Renewals
  • Enhanced Cybersecurity for Sensitive Policyholder Data
  • Automated Compliance Reporting for NAIC, HIPAA, and GDPR
  • Faster Claims Adjudication with Real-Time Processing
  • Seamless Integration with AI-Driven Underwriting Tools
  • Conocimiento institucional preservado para sistemas heredados
  • Scalable Performance for Growing Customer Bases

Resultados de los clientes

Explore nuestras historias de éxito para ver cómo hemos ayudado a empresas como la suya a superar retos y lograr resultados tangibles.

De lo heredado a lo digital: Transformación digital exitosa de una institución financiera
Guiar a un cliente a través de un viaje de transformación digital para mejorar la competitividad y la experiencia del cliente.
Sparda Bank mejora su eficiencia y ahorra 42% en costes de mantenimiento gracias a la optimización del sistema heredado
Healthcare Payer era un sistema sanitario integrado que operaba en el este de Estados Unidos (antes de la reforma sanitaria estadounidense).
Ver todos los resultados de los clientes

Información relacionada

Leer todo

The Ideal Partner for Insurance

  • Profundos conocimientos del sector: With over 20 years of experience in insurance IT systems, we understand the nuances of policy administration, claims processing, and actuarial calculations—all rooted in legacy systems.
  • Trayectoria probada: Our team has successfully completed 120 projects focused on optimizing legacy systems for insurers, ensuring operational continuity and compliance while avoiding costly disruptions.
  • Soluciones a medida: Unlike generic IT providers, we customize our services to address the unique challenges of insurance businesses, all within the context of legacy systems.
  • Rentabilidad sin concesiones: La migración de sistemas heredados puede costar millones. Ofrecemos una alternativa rentable mediante la ampliación de la vida útil de su infraestructura heredada COBOL existente a través de la optimización y la modernización.
  • Sistemas heredados preparados para el futuro: We prepare your legacy systems for the future by integrating them with emerging technologies like AI-driven underwriting tools, cloud-based claims processing, and blockchain-enabled fraud detection—all without replacing the core infrastructure.
  •  
Obtenga una consulta gratuita

¿Está preparado para optimizar sus operaciones minoristas y mayoristas?

Contacto COBOLPRO hoy mismo para una consulta gratuita y descubra cómo podemos ayudar a su empresa a alcanzar la excelencia operativa, mejorar la experiencia del cliente e impulsar el crecimiento sostenible.

Solicitar una consulta