Title
AWS re:Invent 2023 - How John Hancock Revolutionized Its Mainframe Insurance Admin on AWS (BIZ220)
Summary
- John Hancock, a subsidiary of Manulife and a major US life insurer, migrated mission-critical life insurance and annuity applications from mainframe to AWS in 13 months.
- Marianne Fillion, IT Director at John Hancock, discussed the partnership with DXC Technology and internal teams for the migration.
- The migration aimed to enhance digital customer journeys, streamline processes, and consolidate systems post-merger with Manulife.
- DXC has been a long-term partner with John Hancock since 1988, contributing to core systems transformations and digital initiatives.
- Murali N. Guru, Global Director for Mainframe Modernizations at DXC, and Rao Panchamarthi, Global Solutions Architect for Mainframe Modernization at AWS, provided technical insights.
- Key challenges included integration with downstream systems, compliance, disaster recovery, and ensuring seamless operations.
- The migration led to significant business benefits, including improved customer and agent experiences, cost savings, and digital capabilities.
- The future focus for John Hancock includes leveraging APIs for digital services and continuing to enhance customer experiences.
Insights
- The successful migration demonstrates the feasibility of moving large, complex mainframe systems to the cloud within aggressive timelines.
- John Hancock's focus on customer experience and operational efficiency drove the decision to modernize their mainframe systems.
- DXC's long-standing relationship with John Hancock and their expertise in mainframe modernization played a crucial role in the migration's success.
- AWS's support and solutions for mainframe modernization, including their managed service for assessing, transforming, developing, testing, and deploying applications, were instrumental.
- The migration strategy involved re-hosting using Micro Focus technologies and leveraging AWS's cloud-native environment.
- The discussion highlighted the importance of functional and performance equivalence in mainframe modernization projects.
- Future mainframe modernization efforts may increasingly utilize AI and generative AI to accelerate the process, reduce costs, and manage risks.
- AWS envisions a future where mainframe modernization projects are expedited through advanced tooling, including AI for decomposing applications, reverse engineering, automated testing, and security compliance validation.
- The partnership between DXC and AWS is strong, with DXC being one of the first AWS partners certified for mainframe modernization competency, particularly in the insurance sector.