Core systems such as policy administration are once again taking center stage as the platform that will propel property/casualty insurers above the fray. So says recent research from Bermuda-based Accenture, which in November 2009 surveyed 27 P&C carriers across North America and Canada to determine their growth strategies.

Across a broad spectrum (half representing firms with revenue of more than $2 billion and half under $2 billion), the carriers surveyed overwhelmingly (92%) reported organic growth as their No. 1 objective, yet 81% said their current policy administration systems are inadequate to support such growth.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access