TLDR:
Key points:
- Stephen Holdstock is the Chief Technology Officer of EMEA Insurance at EPAM Systems.
- He shares practical strategies for insurers to overcome the challenges of legacy systems and infrastructures.
In this article, Stephen Holdstock, the Chief Technology Officer of EMEA Insurance at EPAM Systems, discusses how insurers can overcome the barriers to adopting advanced technology. Holdstock emphasizes the importance of practical strategies for insurers to navigate the challenges posed by legacy systems and infrastructures.
Holdstock draws on his more than 20 years of industry experience to provide insights into IT leadership, change management, and large-scale transformation programs. He highlights the necessary operational shift that financial services sectors have undergone in the last three years, with customers moving from physical to digital channels.
He encourages insurers to evaluate whether their tech agenda is focused on safety or standout growth, and provides guidance on building out the insurance practice to drive transformative outcomes for clients in the insurance industry.