In an insightful interview, Paul Donnelly from Fineos discusses the challenges insurers face with legacy systems and the imperative for agility in the ever-evolving tech landscape.
He emphasizes the need for a strategic approach to system replacement, advocating for modular solutions that enable phased transitions. Donnelly highlights the importance of aligning long-term vision with short-term pressures, underscoring the role of C-suite leadership in guiding organizational strategy.
Additionally, he explores the role of technology providers in offering both independent advice and adaptable solutions to drive innovation in the insurance sector.
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