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An SMA Research Report


Authors:

Karen Furtado, Partner

Publication Date: May 16, 2019

Number of Pages: 12

Price: $995.00 USD

P&C Core Systems Purchasing Trends: Foundational Technology to Fuel the Transformation Journey analyzes P&C insurers’ core systems buying decisions in 2018 and identifies critical trends on insurers’ investments in their core systems environments.

The report focuses on P&C personal and commercial lines in North America. Key areas covered in the report include the type of core solution configuration of policy, billing, and claims systems (individual components, suite, two components purchased together); 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 of the new era of computing represented by AI, microservices, and the connected world.

 

Table of Contents

  • Executive Summary 3
  • A New Buying Cycle to Support Insurers’ Transformation Journeys 3
  • Core System Suites vs. Components 4
  • Purchasing Analysis: Company Size 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