AI news ·
EY and INSTANDA form alliance for insurance-core modernization
EY and INSTANDA are teaming up to help insurers modernize their core systems, combining flexible policy software with transformation services for AI-focused carriers.

EY and INSTANDA have formed an alliance aimed at insurance-core modernization. The effort brings together INSTANDA's configurable policy administration systems with EY's transformation and governance services. The focus is on carriers that are expanding their use of artificial intelligence.
Modernization programs under the alliance are designed to connect product agility with data controls. The approach also addresses regulatory evidence requirements and operating-model change, linking technical upgrades to the broader organizational shifts insurers face when updating legacy systems.
Source: https://dailyaibrief.com