Major Migration of a.s.r. Life Policies to Keylane’s Policy Administration System
In cooperation with Keylane and data migration specialist Finavista, insurance company a.s.r. has recently successfully migrated more than 51,000 life policies of its ‘Amersfoortse Verzekeringen’ insurance label. It is the second of seven major migrations from legacy systems to the new single, flexible policy administration system delivered by Keylane.Pauline Derkman, Adjunct Director a.s.r. Life: “The migration went smoothly and exactly according to plan, thanks to the good efforts of the three parties involved. This innovation will enable us to work in a more cost efficient way and offer high quality, modern services to our customers.”
a.s.r. has several ‘closed book’ life portfolios that are managed in different legacy systems. The objective of a.s.r. is to rationalise all life insurance policies to standard products that will be managed in a cost effective way within a single system. The scalable and flexible Keylane solution makes this possible. In the coming years the remaining life portfolios will be migrated.
Software as a Service
Keylane will not only deliver the software but will also take care of the hosting. It is a ‘Software as a Service’ (SaaS) delivery: the a.s.r. application runs in a secure private cloud at Keylane and Keylane takes care of the functional and technical management. SaaS is a modern service model that takes away a lot of IT hassle for insurance companies.