An SMA Research Report
- Author(s):
- Karen Furtado, Partner
- Publication Date:
- April 26, 2018
- Number of Pages:
- 12
- Price:
- $995.00 USD
Core Systems Purchasing to Thrive in the Digital World: What’s Hot – And What’s Not analyzes P&C insurers’ core systems buying decisions in 2017, their significance, and bigger changes still to come. The report covers P&C personal and commercial lines in North America. Key areas of focus include approaches insurers are taking to acquire policy, billing, and claims systems; InsurTech startups’ purchases of core systems; growing MGA activity in commercial business, and the increasing deployment of core in the cloud.
Figure 2 is a diagram from the report, showing the shift toward deploying new core systems in the cloud.
Table of Contents
- Core Systems Purchasing Back on the Rise 3
- The Hot Trends in Core System Acquisitions 4
- Increase in New Core Systems Purchasing: More Policy, Less Claims
- Startups Buying New Core Systems From Tech Incumbents
- MGAs Ramp Up Commercial Business Capabilities
- Increasing Deployment of Core in the Cloud
- Expanding Core Capabilities 9
- Market Analysis: Lines of Business 10
- Commercial Lines
- Personal Lines
- SMA Call to Action 11
- About Strategy Meets Action 12