Earlier this week, findings from Celent asserted core system modernization will remain a concern for insurers for another decade, dovetailing those assertions, two reports were released Wednesday assessing the policy administration system options available to North American P&C insurers in personal and commercial lines.
Celent released their biennial reports titled “Policy Administration System Vendors, North American Commercial P/C Insurance 2011,” profiling 50 commercial policy administration systems—33 full profiles and 17 limited— in the first report, while the second report assesses 34 policy administration systems in use for personal lines—25 full profiles and 9 limited.
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