Asia-Pacific New Business and Underwriting Systems: Life, Annuity, and Health IT Vendor Spectrum

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30 October 2018
Karen Monks and Zao Wu

Automated new business and underwriting systems are an essential part of life insurance company strategies to deliver straight-through processing (STP) to their distributors and customers.

Key research questions

  • What is a new business and underwriting system?
  • What have been the recent developments in terms of new business and underwriting systems?
  • Who are the vendors in the Asia-Pacific marketplace?

Abstract

Celent’s new business and underwriting system spectrum report is intended to help insurers as they refine their new business and underwriting technology strategies and, where appropriate, create a list of vendors for evaluation.

After development that started almost 30 years ago, automated underwriting systems have become highly flexible in allowing insurers to define and configure underwriting rules and workflow. The profiles in this report detail each system’s functionality, technology, and features that will be of interest to an insurer looking for a new business and underwriting system in the APAC region.

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Insight details

Sector
Insurance, Life & Health Insurance
Content Type
Reports
Focus
Legacy and Ecosystem Transformation, Vendor landscape
Location
Asia-Pacific