Right First Time: OOTB vs. Configuration vs. Customisation
Modern insurer software platforms provide a wide range of configuration options. Configuration takes time and resources to achieve success.
Modern insurer software platforms provide a wide range of configuration options. Configuration takes time and resources to achieve success.
If you ignore technical debt long enough, you can go technically bankrupt. use our calculator tool to see how much tech debt is costing you.
Technical debt is a ‘gotcha’ that, in some cases, can be prevented with the guidance of an experience solution assurance partner.
Intentional and unintentional technical debt are two very different types of tech debt, which are accrued for different reasons. Intentional tech debt can actually be part of a business strategy and have short-term benefits. Unintentional technical debt can be inevitable and also built into the business strategy with proper planning.
Technical debt can be measured and managed. With the right approach, insurers can regain control and refocus their technology resources on creating value for customers and the business. Addressing debt and refactoring after a project has concluded is an option – and a common one.