North American Policy Administration Software Deal Trends, Life/Health/Annuity Edition
North American life insurance policy administration market is active.
Key research questions
- How many new sales of life/annuity/health PAS systems do vendors report in North America?
- How many vendors experienced positive deal momentum in the most recent two-year period?
- What is Celent’s estimate of the life/annuity/health software market size?
Celent sees moderate deal volume growth in life policy administration market.
Celent analyzes deal data provided by software vendors active in life insurance policy administration in North America. A close look at 2016 and 2017 deals shows continued sales growth.
In late 2017 and into Q1 2018, Celent published an update to its North American life/annuity/health PAS vendor reports. The data-gathering process provided considerable insight into the life/annuity/health PAS solution market as well as data on deals in the previous years for these regions. This report provides a view of market and deal trends in this North American market.