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An SMA Research Report


Authors:

Karen Furtado, Partner

Publication Date: April 3, 2020

Number of Pages: 12

Price: $995.00 USD

2019 P&C Core Systems Purchasing Trends: Foundational Technology to Fuel the Transformation Journey analyzes P&C insurers’ core systems buying decisions in 2019 and identifies significant trends of insurers’ investments in their core systems environments.

The report focuses on P&C personal and commercial lines in North America. The key areas covered in the report include the types of core solution configuration of policy, billing, and claims systems: individual components, suites, or two components purchased together. Also covered are the major lines of business supported by the new systems purchased and the level of cloud adoption for these new systems. The report also addresses the impact and implications of the new core systems on the transformational needs of insurers.

 

Table of Contents

  • Executive Summary 3
  • Core Systems Buying Continues 3
  • Core System Suites vs. Components 4
  • Purchasing Analysis: Company Size/Segment 6
  • Market Analysis: Lines of Business 8
  • The Dominance of Core in the Cloud 9
  • SMA Call to Action 11
  • About Strategy Meets Action 12