While the fact that insurers continue to show interest in policy administration system projects may not be surprising, that they’re opting for SaaS or hosted solutions is, according to Novarica’s recent reports.

For the reports, “P&C Policy Administration System Projects: Averages and Metrics” and “L/H/A Policy Administration System Projects: Averages and Metrics,” Novarica talked to 11 P&C insurers and 14 life/health/annuity carriers that currently are implementing a policy administration system or have done so in the past 10 years.

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