M&A growth pushes insurance brokers to address system consolidations. Each acquired agency brings its own Agency Management System (Vertafore AMS360, Applied Epic, etc.) with unique data structures, business rules, and years of accumulated records. Policy data is tied to specific writing companies. Some of them have ‘DNU’ or ‘zzz’ prefixes, many of them marked inactive/not […]
Insurance Agency Acquisitions – AMS Data Migration Read More »
System consolidation is one of the most complex challenges in mergers and acquisitions. While executives focus on long-term strategic benefits and market opportunities, IT and data teams face the laborious task of merging disparate technological ecosystems. Key takeaways: System consolidation fails by treating data migration as just a technical task. Real data has messy names,
Post-M&A Integration: Making IT System Consolidation Effective Read More »
Modern large businesses deal with data scattered across multiple systems. Organizations run complex operations that rely on data. Core systems capture and process transactions, generate reports, manage business processes. Each system generates its own version of master data, which can include customers, insurance policies, products, vendors, intermediaries, employees etc. MDM vendor presentations make it sound
Risks and Benefits of Centralized Master Data Management Read More »
