Logo
  • Cases & Projects
  • Developers
  • Contact
Sign InSign Up

Here you can add a description about your company or product

© Copyright 2025 Makerkit. All Rights Reserved.

Product
  • Cases & Projects
  • Developers
About
  • Contact
Legal
  • Terms of Service
  • Privacy Policy
  • Cookie Policy
Enterprise Core Management System Replacement for a Maritime Insurance Provider
  1. case
  2. Enterprise Core Management System Replacement for a Maritime Insurance Provider

Enterprise Core Management System Replacement for a Maritime Insurance Provider

future-processing.com
Insurance
Financial services

Identified Challenges in Legacy Insurance Management Systems

The client requires a modern, bespoke core management system to replace outdated policy and claims platforms that cannot meet evolving business requirements. Current systems lack efficiency, scalability, and integration capabilities, hampering data handling and operational workflows across international teams. Additionally, the client faces difficulties in cleaning and migrating extensive, complex historical data from legacy systems to support a seamless transition.

About the Client

A large, global mutual maritime insurance organization with extensive data management needs, requiring a reliable and efficient core policy and claims system to support international operations.

Goals for Developing a Next-Generation Insurance Management Platform

  • Develop a secure, scalable, and user-friendly core management system supporting large data volumes and complex workflows.
  • Ensure a smooth go-live with zero critical defects through meticulous testing and planning.
  • Implement seamless data cleaning and migration from legacy systems to improve operational accuracy and cost management.
  • Deliver an integrated platform capable of connecting effectively with third-party systems such as ERP finance, document management, and CRM solutions.
  • Enable end-user efficiency and satisfaction through an intuitive interface and flexible functionalities.
  • Establish a long-term, reliable software development partnership focused on continuous improvement and innovative feature delivery.

Core Functional Specifications for the Insurance Management System

  • A secure and compliant management environment supporting large data processing needs.
  • Support for complex workflows related to policy administration, claims handling, and customer inquiries.
  • Advanced data cleaning and robust migration capabilities to transfer legacy data accurately.
  • Real-time integration with third-party services such as ERP finance systems, document management platforms, and CRM tools.
  • User-friendly interface designed for international teams managing significant data volumes.
  • Extensible architecture allowing ongoing addition of functionalities based on user feedback.

Preferred Technologies and Architectural Approaches

State-of-the-art, scalable architecture
Secure coding practices
Regular security audits and penetration testing

External System Integration Requirements

  • ERP Finance systems for transaction and financial data synchronization
  • Document management systems for storing and retrieving shipping and policy documents
  • CRM platforms for customer relationship management and inquiries

Essential Non-Functional System Requirements

  • Zero critical defects at go-live
  • High system availability and reliable performance
  • Scalability to support increasing data volumes and user loads
  • Strong security posture with frequent audits and penetration tests
  • Compliance with relevant data privacy and industry standards

Projected Business Benefits and System Impact

The new core management system aims to streamline workflows across international teams, reduce operational costs through efficient data handling and migration, and improve user satisfaction. Expected benefits include smooth deployment with zero critical defects, enhanced data management capabilities, better integration with third-party systems, and long-term scalability to support future growth and technological advancements.

More from this Company

Develop a Cloud-Based Warehouse Management System to Enhance Logistics Efficiency for a Non-Profit Food Redistribution Organization
Comprehensive Application Security and Reliability Audit for Enterprise Systems
Development of a Blockchain-Based Digital Assets Trading Platform for Financial Industry Transformation
Development of a Europewide Internal System to Optimize Operational Processes
Platform Migration and Community Module Extension for Business Matchmaking Platform