They say that they want to get rid of a lot of bureaucracy and to simplify and optimize many elements in their project. But I see a huge problem that can prevent it from doing.
what exactly are you talking about? Can there be bureaucratic problems for a project that is completely devoid of any bureaucracy?
Well, you did not think that not all insurance companies are ready to switch to such a technology now, and those that will go will have huge difficulties in dealing with other insurance.
Yes, I certainly understand that there will be some difficulties, but I'm sure that the project team took into account all these subtleties and they have a solution to this problem.