{"id":53960,"date":"2025-08-18T12:47:21","date_gmt":"2025-08-18T11:47:21","guid":{"rendered":"https:\/\/www.elixirr.com\/en-us\/?p=53960"},"modified":"2025-11-24T16:37:31","modified_gmt":"2025-11-24T16:37:31","slug":"insurance-cant-keep-waiting-for-change-its-time-to-build-differently","status":"publish","type":"post","link":"https:\/\/www.elixirr.com\/en-us\/insurance-cant-keep-waiting-for-change-its-time-to-build-differently\/","title":{"rendered":"Insurance can\u2019t keep waiting for change. It\u2019s time to build differently."},"content":{"rendered":"\n<p>Insurance has always been about managing risk. But today, one of the biggest risks is standing still.&nbsp;<\/p>\n\n\n\n<p>Outdated policy admin systems, sky-high costs and siloed thinking are slowing insurers down right when clients, brokers and regulators are demanding more.&nbsp;<\/p>\n\n\n\n<p>In this two-part conversation, we explore why now is the time to rethink insurance technology from the ground up.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-legacy-tech-is-failing-insurance-nbsp\"><strong>Why legacy tech is failing insurance<\/strong>&nbsp;<\/h2>\n\n\n\n<script src=\"https:\/\/fast.wistia.com\/player.js\" async><\/script><script src=\"https:\/\/fast.wistia.com\/embed\/b63y0znp2v.js\" async type=\"module\"><\/script><style>wistia-player[media-id='b63y0znp2v']:not(:defined) { background: center \/ contain no-repeat url('https:\/\/fast.wistia.com\/embed\/medias\/b63y0znp2v\/swatch'); display: block; filter: blur(5px); padding-top:56.25%; }<\/style> <wistia-player media-id=\"b63y0znp2v\" aspect=\"1.7777777777777777\"><\/wistia-player>\n\n\n\n<p><br>Too many insurers are still investing heavily in legacy platforms that drain change budgets and distract from the mission \u2013 helping people prevent, protect and recover from life\u2019s inevitable challenges.\u00a0<\/p>\n\n\n\n<p>Replacing one monolith with another isn\u2019t the answer. The smarter move is to understand what makes your business different, then build a tech ecosystem that supports it.&nbsp; <\/p>\n\n\n\n<p>This is not about shortcuts. It\u2019s 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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-building-the-insurance-companies-our-people-and-society-needs-nbsp\"><strong><strong>Building the insurance companies our people and society needs<\/strong><\/strong>\u202f&nbsp;<\/h2>\n\n\n\n<script src=\"https:\/\/fast.wistia.com\/player.js\" async><\/script><script src=\"https:\/\/fast.wistia.com\/embed\/amayw5pwpn.js\" async type=\"module\"><\/script><style>wistia-player[media-id='amayw5pwpn']:not(:defined) { background: center \/ contain no-repeat url('https:\/\/fast.wistia.com\/embed\/medias\/amayw5pwpn\/swatch'); display: block; filter: blur(5px); padding-top:56.25%; }<\/style> <wistia-player media-id=\"amayw5pwpn\" aspect=\"1.7777777777777777\"><\/wistia-player>\n\n\n\n<p><br>True transformation doesn\u2019t begin with tech. It starts with intent.\u00a0<\/p>\n\n\n\n<p>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.&nbsp;<\/p>\n\n\n\n<p>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.&nbsp;<\/p>\n\n\n\n<p>A modular approach powered by real-time data, smart orchestration and fit-for-purpose tools isn\u2019t just cheaper. Its fundamentally better.&nbsp;<\/p>\n\n\n\n<p><a id=\"_msocom_1\"><\/a><\/p>\n\n\n\n<p><strong>Less re-platforming &amp; more re-thinking.<\/strong>&nbsp;<\/p>\n\n\n\n<p>The insurance industry doesn\u2019t need another five-year transformation roadmap. It needs clarity, courage and a modern mindset geared towards action.&nbsp;<\/p>\n\n\n\n<p>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.&nbsp;<\/p>\n\n\n\n<p>Let\u2019s build insurance differently.&nbsp;<\/p>\n\n\n\n<p><a id=\"_msocom_1\"><\/a><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Insurance has always been about managing risk. But today, one of the biggest risks is standing still.&nbsp; Outdated policy admin systems, sky-high costs and siloed thinking are slowing insurers down&hellip;<\/p>\n","protected":false},"author":6,"featured_media":53970,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[116,137],"tags":[104],"related_service":[],"related_industry":[60],"class_list":["post-53960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-video","tag-insurance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Insurance can\u2019t keep waiting for change. It\u2019s time to build differently. - Elixirr - USA<\/title>\n<meta name=\"description\" content=\"Today, one of the biggest risks is standing still. 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sizes=\"(max-width: 2400px) 100vw, 2400px\" \/>            <div class=\"wp-component-card__preview-icon\">\n                <span class='edwp-svg '><svg width=\"47\" height=\"47\" viewBox=\"0 0 47 47\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g>\n<path d=\"M23.4141 0.539062C36.1232 0.539183 46.4258 10.8416 46.4258 23.5508C46.4257 36.2599 36.1231 46.5624 23.4141 46.5625C10.7049 46.5625 0.402465 36.2599 0.402344 23.5508C0.402344 10.8415 10.7048 0.539062 23.4141 0.539062ZM23.4141 1.68945C11.3606 1.68945 1.55273 11.4974 1.55273 23.5508C1.55286 35.6041 11.3607 45.4111 23.4141 45.4111C35.4673 45.411 45.2743 35.604 45.2744 23.5508C45.2744 11.4974 35.4674 1.68957 23.4141 1.68945Z\" fill=\"currentColor\"\/>\n<path d=\"M19.2841 33.6992C18.9579 33.6986 18.6374 33.6111 18.3543 33.4454C17.7167 33.0759 17.3203 32.3585 17.3203 31.5797V15.8189C17.3203 15.0379 17.7167 14.3227 18.3543 13.9531C18.6442 13.7827 18.9735 13.6951 19.3078 13.6994C19.6421 13.7037 19.9692 13.7998 20.2548 13.9776L33.4237 22.0406C33.6981 22.2166 33.9244 22.461 34.0812 22.751C34.238 23.0409 34.3203 23.3668 34.3203 23.6982C34.3203 24.0295 34.238 24.3555 34.0812 24.6454C33.9244 24.9353 33.6981 25.1798 33.4237 25.3558L20.2527 33.421C19.9604 33.6017 19.6256 33.6979 19.2841 33.6992Z\" fill=\"currentColor\"\/>\n<\/g>\n<\/svg>\n<\/span>            <\/div>\n                        <\/figure>\n        <div class=\"wp-component-card__content edwp-row-load\">\n                                    <p class=\"wp-component-card__eyebrow\">\n                Articles            <\/p>\n                <a href='https:\/\/www.elixirr.com\/en-us\/insurance-cant-keep-waiting-for-change-its-time-to-build-differently\/' class='wp-component-card__title'>\n            <h2>\n                Insurance can\u2019t keep waiting for change. It\u2019s time to build differently.\n            <\/h2>\n        <\/a>                                    <div class=\"wp-component-card__description\">\n                    Insurance has always been about managing risk. But today, one of the biggest risks is standing still.&nbsp; Outdated policy admin systems, sky-high costs and siloed thinking are slowing insurers down&hellip;                <\/div>\n                                                    <div class=\"wp-component-card__meta\">\n                                            <p class=\"wp-component-card__date\">\n                            18 August 2025                        <\/p>\n                                                                <div class=\"wp-component-card__terms\">\n                                                                                                                                                    <div class=\"wp-component-tags edwp-component\">\n                        <div class=\"wp-component-tags__tag\">\n                Insurance            <\/div>\n                <\/div>\n                        <\/div>\n                                    <\/div>\n                                                    <div class=\"wp-component-card__button-wrapper\">\n                    <button class=\"btn btn--link arrow wp-component-card__button\">\n                                                                            Read more                                                                            <span class='edwp-svg '><svg width=\"20\" height=\"20\" viewBox=\"0 0 20 20\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\">\n<g id=\"Lg\">\n<path id=\"Vector\" d=\"M1.12509 9.50162H15.8648L9.43259 3.06941C9.374 3.0113 9.3275 2.94216 9.29576 2.86599C9.26403 2.78981 9.24769 2.70811 9.24769 2.62559C9.24769 2.54307 9.26403 2.46137 9.29576 2.38519C9.3275 2.30902 9.374 2.23988 9.43259 2.18177C9.54971 2.06535 9.70814 2 9.87328 2C10.0384 2 10.1969 2.06535 10.314 2.18177L17.8151 9.6829C17.8737 9.74101 17.9202 9.81014 17.9519 9.88632C17.9837 9.96249 18 10.0442 18 10.1267C18 10.2092 17.9837 10.2909 17.9519 10.3671C17.9202 10.4433 17.8737 10.5124 17.8151 10.5705L10.314 18.0717C10.1975 18.1871 10.0404 18.2522 9.87641 18.2529C9.79414 18.2534 9.71259 18.2376 9.63643 18.2065C9.56027 18.1754 9.491 18.1296 9.43259 18.0717C9.374 18.0135 9.3275 17.9444 9.29576 17.8682C9.26403 17.7921 9.24769 17.7104 9.24769 17.6278C9.24769 17.5453 9.26403 17.4636 9.29576 17.3874C9.3275 17.3113 9.374 17.2421 9.43259 17.184L15.8711 10.7518H1.12509C0.959309 10.7518 0.800312 10.686 0.683084 10.5687C0.565857 10.4515 0.5 10.2925 0.5 10.1267C0.5 9.96093 0.565857 9.80193 0.683084 9.68471C0.800312 9.56748 0.959309 9.50162 1.12509 9.50162Z\" fill=\"#1D0F25\"\/>\n<\/g>\n<\/svg>\n<\/span>                                            <\/button>\n                <\/div>\n                                            <\/div>\n<\/article>\n","_links":{"self":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/53960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/comments?post=53960"}],"version-history":[{"count":4,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/53960\/revisions"}],"predecessor-version":[{"id":63149,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/posts\/53960\/revisions\/63149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/media\/53970"}],"wp:attachment":[{"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/media?parent=53960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/categories?post=53960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/tags?post=53960"},{"taxonomy":"related_service","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/related_service?post=53960"},{"taxonomy":"related_industry","embeddable":true,"href":"https:\/\/www.elixirr.com\/en-us\/wp-json\/wp\/v2\/related_industry?post=53960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}