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An SMA Research Report


Karen Furtado, Partner

Publication Date: April 7, 2021

Number of Pages: 14

Price: $1,995.00 USD

A new SMA research report, 2020 P&C Core Systems Purchasing Trends: Foundational Technology Fueling Digital Transformation, analyzes P&C insurers’ core systems buying decisions in 2020 and identifies significant trends in insurers’ investments for 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 longevity expectations for implemented core systems; shifts in insurers strategies around suites or components; and variations in trends based on size of company, line of business focus, and the increasing propensity for cloud deployment options. 

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 System Buying Continues 3
  • Core System Buying Cycle: How Long Should a System Last? 4
  • Core Systems Suites vs. Components 5
  • Purchasing Analysis: Company Size/Segment 7
  • Market Analysis: Lines of Business 9
  • The Dominance of Core in the Cloud 10
  • SMA Call to Action 11
  • List of Participating Vendors 13
  • About Strategy Meets Action 14