Policy Administration System Deal Trends in General Insurance in EMEA
In May 2018, Celent published updates to the regional P&C PAS (policy administration system) vendor reports across the sectors of property & casualty (general) insurance. The data-gathering process provided some insight into the P&C PAS solution market as well as data on deals in the previous years for these regions. This report provides a view of deal trends in PASs in the property & casualty market in EMEA.
Multiple vendors saw more than 8 deals in the period, showing significant activity and increase on the prior period rather than the projected downturn.
"The period up to 2018 saw a significant number of core system deals, many of which at the smaller end of the scale," says Craig Beattie, Senior Analyst and author of report, "There were some surprising winners amongst the core system vendor community in 2018, across what is a diverse set of markets within EMEA."