In contrast to the money you are now spending on maintaining inefficient systems, you should be investing in technical debt instead. Over the years, insurance companies have collected a wide range of various systems and technology. Underlying all of this is the incontrovertible fact that maintaining these systems is expensive, which is why it is referred to as technical debt.

Source Url: - https://www.simplesolve.com/in/blog/reduce-technical-debt-in-insurance-systems