Description
Learn how Novacomp drove the technological and actuarial modernization of a major insurance company in Peru through a Proof of Concept (PoC) assisted by Generative Artificial Intelligence. Under an innovative approach, this solution enabled the migration of the actuarial platform responsible for the IFRS 17 standard, reducing the migration time of critical services from an estimated 6 weeks to just 80 effective hours, optimizing the technical architecture, security, and regulatory governance.
What will you discover in this document?
By reading this case study, you will learn:
- The challenge of obsolescence and rigidity in the insurance sector: The need to update an out-of-support tech stack (.NET Core 2.1 and React 16), overcome a highly coupled N-tier architecture, eliminate manual processes in actuarial calculations, and resolve the lack of observability and traceability for IFRS 17 compliance.
- The technological solution and AI-assisted methodology: The configuration and training of an AI model adapted to the insurer’s context to accelerate the analysis, design, and progressive migration of .NET Core 2.1 services to .NET 6 (laying the groundwork toward .NET 10), with standardized development practices and technical control.
- Design patterns and modern tech stack: The implementation of patterns such as Adapter to decouple components, the transition to asynchronous processes with concurrent job execution, multi-provider asynchronous logging, and automated integration with Azure Key Vault for secure secrets management and audited rotation.
- Operational impact results: The successful migration of 10 critical actuarial services, achieving a 92% reduction in time compared to initial estimates (a 9.8x acceleration factor), code coverage exceeding 80%, and the creation of a sustainable organizational capability for future modernization initiatives.