Insurance has always been about managing risk. But today, one of the biggest risks is standing still. 

Outdated policy admin systems, sky-high costs and siloed thinking are slowing insurers down right when clients, brokers and regulators are demanding more. 

In this two-part conversation, we explore why now is the time to rethink insurance technology from the ground up. 

Why legacy tech is failing insurance 

Too many insurers are still investing heavily in legacy platforms that drain change budgets and distract from the mission – helping people prevent, protect and recover from life’s inevitable challenges. 

Replacing one monolith with another isn’t the answer. The smarter move is to understand what makes your business different, then build a tech ecosystem that supports it. 

This is not about shortcuts. It’s about stitching together agile, best-fit solutions that free up your teams, unlock your data and truly move the dial for clients, brokers and society.

Building the insurance companies our people and society needs  

True transformation doesn’t begin with tech. It starts with intent. 

This means breaking the process down. From how risks are ingested to how claims are resolved, every stage is an opportunity to build better, smarter experiences. 

Forget building the biggest data lake or the flashiest platform. Focus on what creates value. Invest in AI where it can make a real difference helping teams act faster, underwrite smarter and deliver more meaningful outcomes to customers. 

A modular approach powered by real-time data, smart orchestration and fit-for-purpose tools isn’t just cheaper. Its fundamentally better. 

Less re-platforming & more re-thinking. 

The insurance industry doesn’t need another five-year transformation roadmap. It needs clarity, courage and a modern mindset geared towards action. 

At Elixirr, we work with insurers to move beyond legacy traps and towards ecosystems built for performance and purpose. The result? Technology that fuels growth, not just maintenance. 

Let’s build insurance differently.