In July 2023, Celent published the LATAM life policy administration system vendor report. The data-gathering process provided some insight into the solution market as well as information on deals for the region in previous years. This report provides a view of deal trends in life insurance policy administration systems in LATAM.
This report provides a view on the evolution of the installed base of these systems for the period of 2019–2023 (covering the 2021 and 2023 editions of our LATAM life PAS vendor reports). It attempts to answer several questions, including:
- Which trends influenced growth in the Latin America policy administration market for life insurance?
- Which vendors were successful in this market from 2019 to 2023?
- Which countries and which sizes of insurers showed more activity in terms of replacing PAS?
