June 23, 2022 – P/C claims management systems are a key component of an insurer’s technology footprint. Activity for new claims platforms purchased on a stand-alone basis or as part of a suite has steadily increased since the pandemic began. Insurers seek new ways to improve adjuster efficiency and manage increasing loss costs due to inflation.
This report provides an overview of the current vendor marketplace for stand-alone P/C claims management solutions. The vendor profiles are based on factual responses to a universal request for information that Aite-Novarica Group distributes and a 90-minute product demonstration. This report profiles the following vendors: Axiom, Beyontec, Decision Research Corporation (DRC), Duck Creek, DXC, Ebix, EIS, Five Sigma, Guidewire, Insuresoft, Insurity, Majesco, OneShield, Origami Risk, PCIS, Policy Administration Solutions, Sapiens, Snapsheet, Tata Consultancy Services (TCS), Ventiv, and Verisk.
This 152-page Impact Report contains 80 figures and one table. Clients of Aite-Novarica Group’s Property & Casualty service can download this report and the corresponding charts.