BookSmart for Policy System Conversion

Upgrading to modern core systems is a competitive imperative in today's market. It's not a matter of if, but when. The safe, accurate migration of your policy data from one system to another is a huge piece of the process. It can cost thousands of man hours and millions of dollars, and still not be optimally done. Until now, P&C carriers have had two poor options for policy conversion software:

  1. An ETL mapping product for straight through processing that inevitably pushes bad data into the new system
  2. A home-grown mapping tool, representing years of arduous and error-prone manpower

To keep pace with your policy renewals with complete, accurate data in the new system, you need both.

BookSmart® delivers automated mapping, manual quick fix, and deep P&C insurance content and experience.

Part man, part machine, only insurance = total policy conversion solution.

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BookSmart

Highlights

  • ETL mapping for 80-90% of policies, UI quick fix for remainder
  • P&C product and rules definition
  • ACORD mapping libraries

Impact for Carriers

  • Reduced labor
  • Optimized process
  • Clean, accurate data in new system

Resources

BookSmart Fact Sheet

Everything you need to know about how BookSmart can help you migrate policies from your old admin system.

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Buzz

Policy Migration Myths: Busted


While data migration is complex, it doesn’t have to be feared. with the right tools, carriers can ensure an efficient and accurate movement of data into a modern system.


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Want to talk specifics about how BookSmart can help your company with policy administration system conversion?


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