Research
Insurance Modernization Under Pressure
Balancing legacy technology and spend with the race to innovate
October 14, 2025

You can’t innovate on a foundation built for another era.
Modernization isn’t just another IT initiative—it’s the groundwork for AI, agility, and long-term competitiveness.
Our latest survey of 300 insurance executives reveals how far carriers have come in their modernization journey—and what’s still holding them back.
What’s Inside
- How modernization readiness determines AI readiness—and why most insurers aren’t there yet
- Why “keep-the-lights-on” budgets are starving innovation and speed
- Strategies to align business and IT so modernization delivers measurable impact
Legacy systems and siloed data are reaching their limits just as insurers face unprecedented volatility. The opportunity is clear: modern platforms enable faster decisions, smarter risk models, and greater adaptability. The longer the delay, the harder it becomes to close the divide between leaders and laggards.