Industries

Insurance

Protect your insurance operations from costly system failures—COBOLAgency’s specialized COBOL support enhances stability, minimizes maintenance costs, and extends the life of your vital infrastructure without the risk of an expensive migration.
Focus

You’ve got orders to fill, shipments to make, and clients to keep happy. Why spend your time and precious production resources worrying over your IT infrastructure? With the right managed service provider, you can rest easy that all your daily IT tasks are covered—so you can focus on getting the job done. At Tecnologia, we understand the unique demands of managing IT in a manufacturing environment, whether it’s maintaining your IOT or ensuring that your ERP system is being properly patched and updated. Let us help you keep your shop humming and create an IT infrastructure plan you can grow on.

Your local manufacturing IT partner, on-site and on-call

  • Policy Administration and Claims Processing: Insurance legacy systems are designed for high-volume data processing, supporting essential functions such as policy issuance, premium calculations, claims adjudication, and policy renewals. This streamlined approach enables insurers to maintain operational continuity, manage customer needs, and reduce processing times efficiently.
  • Regulatory Compliance and Data Integrity: Legacy systems are structured to meet industry-specific regulatory requirements, including NAIC, HIPAA, and GDPR, providing essential safeguards for sensitive data. They offer audit trails, data encryption, and controlled access to ensure compliance, enabling insurers to adapt to evolving regulatory landscapes effectively .
  • Actuarial Calculations and Risk Management: Legacy systems support actuarial analysis and risk assessment, handling complex calculations and data management needed for premium pricing and risk profiling. Their batch processing capabilities allow insurers to perform high-speed calculations essential for pricing, underwriting, and risk analysis.
  • Customer Data Management and Record-Keeping: Legacy systems enable insurers to securely store and manage vast amounts of customer data, ensuring accuracy and accessibility. This centralized data management is critical for maintaining customer records, processing claims efficiently, and supporting customer service operations.

Why Migration is a Headche?

  • Operational Disruption in Core Insurance Functions: Migrating from legacy systems can result in significant downtime, impacting claims processing, customer service, and policy management. These disruptions can lead to delayed claims, increased administrative workloads, and reduced service quality, directly affecting customer satisfaction.
  • Security Vulnerabilities in Data Transfer: Insurance data is highly sensitive and must be protected during migration. Legacy systems in insurance offer robust security frameworks designed to safeguard policyholder information and prevent unauthorized access. Migration can expose this data to vulnerabilities, compromising the integrity and confidentiality of sensitive information.
  • High Costs and Resource Requirements: Full-scale migration projects demand extensive financial and operational resources, including data validation, mapping, and comprehensive testing. CobolAgency provides cost-effective optimization services that allow insurers to enhance existing systems, maximizing performance without the resource drain associated with a complete system overhaul .
  •  

Our IT services for manufacturers

We are your best Partner

  • Deep Industry Expertise in Insurance Systems: CobolAgency has extensive experience with insurance IT infrastructures, including policy management systems, claims processing platforms, and underwriting systems, delivering solutions specifically tailored to meet the needs of insurers.
  • Integration with Cutting-Edge Technologies: We specialize in enabling legacy systems to interface with modern technologies, such as AI-driven underwriting tools, cloud-based claims processing, and customer engagement platforms, allowing insurers to modernize their infrastructure while retaining stability.
  • Proven Cost Efficiency and Operational Resilience: Optimizing existing legacy systems with CobolAgency provides insurers with enhanced performance, reduced costs, and minimized risks associated with migration, ensuring that legacy systems remain reliable and scalable in the face of changing industry demands.
  • Why Now? With the insurance industry under increasing pressure to adapt to regulatory changes, strengthen data security, and adopt digital solutions, now is the ideal time to fortify and future-proof your legacy systems. Partnering with CobolAgency ensures a secure, compliant, and cost-effective foundation for sustainable growth and operational success in the digital age .
Contact us

Partner with Us for Comprehensive COBOL Solutions

Trust COBOLagency to maintain, modernize, and optimize your COBOL systems. Our services improve performance, security, and scalability to meet today’s needs. From documentation and refactoring to cloud migration and integration, we maximize your COBOL systems’ value.

Your benefits:
What happens next?
1

We Schedule a call at your convenience 

2

We do a System Assessment to check your main problems 

3

We craft a unique proposal tailored to your COBOL journey

Schedule a Free Consultation