As the enervated investment environment prods life insurers to place more emphasis on core business functions and organic growth, aged underwriting systems may be a key impediment to success.
A new report from Boston-based Celent assesses 12 new business and automated underwriting systems available to life insurers in North America. The report, authored by Karen Monks, an analyst with Celent’s Insurance Group, notes that underwriting systems have improved substantially over time.
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