Many insurers, especially in Europe, face the challenge of conducting business in different countries. Having activities in different geographies is both good and bad. On the good side, it allows them to diversify their risk, but on the bad side, doesn't aid insurers that want to define a strategy in terms of core applications deployment. Insurance markets that have very different distribution dynamics and risk pricing experience in one market might not be relevant for another. In addition, differing tax and regulatory treatment, as well as different currencies and languages can act as further roadblocks. Overall insurers can choose between two strategic alternatives: deploy a single core application cross-borders, or implement a dedicated core application in each market.

There are many important factors that have to be taken into consideration when making this decision. A cross-border deployment requires insurers to consider specific issues such as the following four points:

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