Case Study

Transforming Policy Administration With AI-Enabled Core Platform Modernization

Industry

Insurance (Property & Casualty)

Our Contributions

Core Platform Transformation, Policy Administration Modernization, API & Data Enablement

Coforge partnered with a global specialty insurer to modernize its legacy policy administration platform and enable scalable, efficient operations across multiple regions. The existing system had become a barrier to growth due to rising technical debt, limited automation, and challenges in launching new products.

By implementing a next-generation core platform supported by agentic AI-enabled delivery orchestration, Coforge transformed policy administration, underwriting, and operations. The modernization enabled faster product launches, improved customer experience, and established a unified, globally scalable insurance platform.

Transformation Timeline

Phase 1

Legacy platform assessment and target architecture design

Phase 2

Core platform implementation and data/API modernization

Phase 3

AI-enabled rollout and global deployment

Phase 4

Operational stabilization and continuous optimization

Drag

The Challenge

The insurer’s legacy policy administration environment was increasingly complex and costly to maintain, limiting its ability to scale and innovate. Rising technical debt, coupled with security and compliance challenges, created risks across core systems.

The organization also faced difficulties in launching new products and expanding into new markets due to rigid platform capabilities. Slow quote processing and limited automation further impacted customer and broker experience.

The insurer required a modern, scalable platform that could support global growth, improve operational efficiency, and enable faster product innovation while ensuring consistency across regions.

Our Approach

Next-Gen Core Platform Implementation

Deployed a modern policy administration platform covering underwriting, policy management, and operations, designed for global scalability.

AI-Enabled Global Rollout

Leveraged agentic AI to support configuration validation, dependency analysis, and rollout sequencing across multiple countries and business lines.

Data and API Modernization

Enabled seamless rate, quote, and bind workflows through API-led architecture and improved integration with downstream systems and third-party providers.

Automation-Led Underwriting Enablement

Implemented AI-driven orchestration for data ingestion, rule execution, and workflow automation, accelerating product development and underwriting processes.

Impact to Date

40+ Products

Consolidated on a single platform

30+ New Lines of Business

Launched

50+ Countries

Supported globally

24x7

Global production support