Celent provides a detailed look at 20 policy administration systems for property & casualty, general, and specialty lines.
In the report Latin American Policy Administration Systems 2015: Property & Casualty, General and Specialty Lines Edition, Celent looks at policy administration systems available to insurers in Latin America. The report is part of a series on policy administration systems (PAS) in North America, EMEA, and Asia.
In actual practice, an insurer uses a PAS, either by itself or closely integrated with specific point solutions, to execute a number of core processes and relies on several types of supporting capabilities.
“Innovation, efficiency, and rapid time to market are some of the main motives that insurers are looking for when replacing a new core system. Although there no single solution that can meet all an insurer’s needs, this report provides a very good understanding of the available solutions in the region that can help insurers arrive at a decision,” says Luis Chipana, an analyst with Celent’s Insurance practice and coauthor of the report.
“The PAS market has been constantly evolving with technological upgrades, richer functionality, and new players, which makes it a dynamic market with a myriad of choices for insurers,” says Juan Mazzini, a senior analyst with Celent’s Insurance practice and coauthor of the report.
The report is more than 100 pages and has 23 figures, and 77 tables.
