Bridging to the Future With Core Systems Modernization

An SMA Research Report

Karen Furtado, Partner
Publication Date:
June 6, 2017
Number of Pages:
$995.00 USD

Four out of five insurers are actively investing in core systems modernization and replacement, which is one of the seven SMA Bridges to the Future. New research from SMA investigates the progress that insurers are making in this area – and whether we are seeing true progress in modernization or the churn of systems replacement. It also addresses the new drivers in core systems modernization: support of the digital customer and support for emerging technologies, new data sources, and InsurTech.

SMA’s new research report, Bridging to the Future With Core Systems Modernization, examines these trends and provides an SMA Call to Action for both P&C and L&A insurers ready to use core systems modernization as a bridge to their future as Next-Gen Insurers. 

Table of Contents

  • The Core Systems Bridge 3
  • Are We Churning or Making Progress? 4
  • P&C Lines of Business
  • L&A Lines of Business
  • Lifespan of the New Core Systems Bridge 6
  • The New Drivers of Core Modernization 6
  • Support for the Digital Customer
  • Connecting the Core Bridge to Emerging Technologies, Data Sources, and InsurTech
  • SMA Call to Action 9
  • About Strategy Meets Action 10
  • Use of Our Reports
  • About the Author