The core system modernizations integral to insurance carriers’ strategic plans rely implicitly on clearly understanding the future business strategy and current technology state for each product supported by the core system(s) an insurer wants to update. When considering a new PAS, carriers need to evaluate which products will transition to the new system and which can continue running on existing systems in the short or medium term.
This report articulates a framework insurers can use to evaluate blocks of business that takes into account business strategy and current state technology. It is based on Datos Insights’ existing research on the LAB landscape, emerging technologies, and their applications to the LAB insurance space.
Clients of Datos Insights’ Life, Annuities, & Benefits service can download this report.
About the Author

Paul Mattern
Paul Mattern is a Senior Principal in the Insurance practice at Datos Insights. He has over 30 years’ experience working in insurance and financial technology. He has expertise in IT leadership, strategy, and transformation across multiple lines of business. These include insurance (life, annuities), retirement services (401(k), 403(b), 457, pension closeouts), and group voluntary benefits. Paul also has experience with...
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Jack Krantz
Jack Krantz is an Advisor at Datos Insights. His expertise includes earth and atmospheric sciences as well as applications of numerical modeling, machine learning, and artificial intelligence. Prior to joining the firm, he was a firefighter, a postdoctoral investigator at the Woods Hole Oceanographic Institution, and a professor at Brown University. He has both a Ph.D. and an M.Sc. in...