Insurance & Technology

Insurance & Technology Special Report: Policy Administration for P&C Carriers

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Recent reports suggest that as many as 1/3 of insurance carriers are considering replacing or upgrading their existing policy administration systems. However, as the field of vendors in this space continues to be overcrowded, P&C carriers are finding it increasingly difficult to determine the best fit for their organization.

This digital issue supplement will look at best practices for insurance executives and discussion points will include:

  • What factors to consider when choosing a PAS replacement/upgrade strategy
  • Using PAS upgrades to support growth in current lines of business
  • Steps to define your firm's strategy and direction before sourcing vendors
  • Wrap-around vs. replacement strategies
  • Enhancing the value of current legacy systems
  • The role of consistent business rules to reconcile logical inconsistencies for an efficient, error-free, and compliant environment
  • To RFP or Not to RFP? The perils and pitfalls commonly seen in a blind RFP process

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