Gartner Research

Critical Capabilities for Life Insurance Policy Administration Systems, Europe

Published: 25 October 2017

ID: G00323764

Analyst(s): Laurie Shotton

Summary

The highly competitive European vendor market continues to drive life insurance policy administration system vendors toward their own development or integration of partnership noncore solutions. Life insurance CIOs should consider these developments to help accelerate digital transformation.

Table Of Contents

What You Need to Know

Analysis

  • Critical Capabilities Use-Case Graphics
  • Vendors
    • DXC Technology (GraphTalk A.I.A)
    • Edlund (Lifelink+)
    • Fadata (Insis)
    • IN2 (INsurance2)
    • Keylane (LeanApps Life)
    • Mphasis Wyde (Wynsure)
    • msg life (msg.Life Factory)
    • Sapiens (Sapiens Alis)
    • Vermeg (Solife)
  • Context
  • Product/Service Class Definition
  • Critical Capabilities Definition
    • Product Development and Maintenance
    • New Business Management
    • Workflow and Process Management
    • Component-Based Architecture
    • Ongoing Policy Administration
    • Group Servicing Functionality
  • Use Cases
    • Product Configuration
    • Straight-Through Processing of Applications
    • Contract Changes
    • Group Business Support
    • Adaptability of the System
    • Digital Business Support
  • Vendors Added and Dropped
    • Added
    • Dropped

Inclusion Criteria

  • Critical Capabilities Rating

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