Celent profiles a majority of the life and pension insurance administration systems available in Asia today.
Interest in policy administration offerings for insurance has surged in recent years. In a new report, Asian Policy Administration Systems 2009: Life and Pension ABCD Vendor View, Celent looks at policy administration systems available to life insurers in Asia. The report is part of a series on policy administration systems in Europe, the United States, and Asia.
Full Profiles | |
3i Infotech Asia Pacific | PREMIA |
Bravura Solutions Ltd | Sonata TalisLife |
CSC Computer Sciences | LIFE/Asia |
EAB Systems Limited | iLife |
eBaoTech | LifeSystem |
Financial Information Technology | LIFEfit |
FIS Software | ALIS |
Hewlett-Packard | SOLCORP / INGENIUM |
Mastek Ltd | ElixirAsia |
Tata Consultancy Services | TCS BaNCS Insurance |
Limited Profiles | |
|
Beijing Copia Innovative Technology | CopiTree |
FirstApex | FirstLife |
Hewlett-Packard | RADIENCE Administration |
SALIX IS | Pharos |
Sinosoft | LIS |
"The Asian IT vendor landscape has become increasingly difficult to navigate,” says Wenli Yuan, senior analyst with Celent’s Insurance Group and author of the report. "Prioritizing decision elements is a crucial task in order to minimize the risk of choosing an inappropriate PAS and avoid facing time-consuming and expensive customization efforts."
Celent profiles 15 policy administration systems vendors in Asia, with 10 full profiles and five limited profiles, using its ABCD Vendor View, which is a standard representation of a vendor marketplace designed to show at a glance the relative positions of each vendor in four categories: Advanced technology, Breadth of functionality, Customer base, and Depth of client services. Vendors with full profiles included in this report are: 3i Infotech Asia Pacific, Bravura Solutions Ltd, CSC Computer Sciences, EAB Systems Limited, eBaoTech, Financial Information Technology, FIS Software, Hewlett-Packard, Mastek Ltd, and Tata Consultancy Services.
