March 1, 2023 – Insurers invest in core technologies (e.g., policy, billing, and claims systems) to meet their business needs.Any effort to sell more, better manage risk, or increase operational efficiency must, at some level, interface with the core systems.
This report explores the number of core system deals made in the P/C and L/A/B market spaces and who makes those deals. It presents the number of deals made by carriers of various tiers and broadly categorizes the vendors that make those deals. Data for this report was collected via requests for information distributed by Aite-Novarica Group.
Clients of Aite-Novarica Group’s Life, Annuities, & Benefits and Property & Casualty services can download this report.