Following the $28 billion merger deal the two companies recently announced, the IT departments at ACE Group and Chubb will spend the next few months identifying and elevating the most valuable technology assets each carrier has to offer while the departments consolidate.
“There will be a number of challenges around the integration of a number of systems and they are going to have to make number of strategic decisions about their long term platforms if they really are going to take out the cost of operations,” says Mike Boyle, former AFLAC CIO who is now CEO of Perseus Technical Strategies. “They are going to need to establish a strategic roadmap based on some hard decisions to maximize the investment.”
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