Beyond P&C: Platform Modernization in Life Insurance and Group/Employee Benefits

Publish date:

As the financial services market undergoes seemingly real-time changes, life insurers find themselves compelled to examine the way they do business

When trying to understand what the future state of life & annuity and group/employee benefits core systems will look like, it can be instructive to examine the property & casualty (P&C) space. Over the past 20 years, P&C insurers have embarked on journeys to modernize core systems with varying degrees of adoption and success.Several technology and platform vendors in the P&C core systems space have achieved critical mass, led by Guidewire’s $7 billion market cap and Duck Creek’s consistently strong growth. While very few P&C insurers have consolidated all their products on to a modern platform (or platforms), many have made meaningful progress for their critical lines of business.

LifeInsurance ExternalClient...

File size: 492.62 KB File type: PDF

Related Resources

The secret to scaling Artificial Intelligence

Tune in to our podcast for a glimpse into where AI is today and how far it might take us...

Balance by Design

Among this time of disruption and discontinuity, ‘Balance by design’ aims to help...

We Collaborate

It’s time to tap into the phenomenal power of the collaborative Technology Business, even as...