Critical Capabilities for Life Insurance Policy Administration Systems, North America

Archived Published: 13 September 2016 ID: G00303252

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North American life insurance policy administration system vendors are expanding their offerings outside core administration processes. Insurance CIOs who require system support for digitalization, data analytics and integration will have to carefully study their options.

Table of Contents

  • What You Need to Know
  • Analysis
    • Critical Capabilities Use-Case Graphics
    • Vendors
      • Accenture (ALIP)
      • Andesa Services (AFAS)
      • Concentrix (GIAS)
      • CSC (CyberLife, nbA, BPS Portal)
      • CSC (wmA, nbA, BPS Portal)
      • EXL (LifePRO)
      • FAST Technology (FAST)
      • Infosys McCamish (VPAS)
      • InsPro Technologies (InsPro Enterprise)
      • Majesco (Majesco Policy for L&A and Group)
      • MDI (FIMMAS)
      • Mphasis Wyde (Wynsure)
      • Oracle (OIPA)
      • Sapiens (ALIS)
      • Vitech (V3)
    • Context
    • Product/Service Class Definition
    • Critical Capabilities Definition
      • Rule and Calculation Management
      • Straight-Through Processing
      • Policy Life Cycle Management
      • Reporting and Data Management
      • Digital Business Support
      • System Modularity and Integration
    • Use Cases
      • New Product Development/Launch
      • New Application/Automated Underwriting
      • New Application/Manual Underwriting
      • Policy Change
      • Reporting and Data Management
      • Service Through Portals/Mobile
  • Inclusion Criteria
    • Critical Capabilities Rating
  • Gartner Recommended Reading
© 2016 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartners research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

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