Published: 23 October 2019
Summary
Policy administration vendors’ capabilities are commoditized, but differ mostly in their portal capabilities, workflow and process management, and component-based architectures. Life insurance CIOs can use this research to identify and differentiate vendors that are aligned to their specific needs.
Included in Full Research
- Critical Capabilities Use-Case Graphics
- Vendors
- Agito (Life4You)
- Ai-London (Ai-PAS)
- DXC Technology (GraphTalk A.I.A)
- Fadata (INSIS)
- IN2 (INsurance2)
- Itello (Inca)
- Keylane (Axon)
- Mphasis Wyde (Wynsure)
- msg life (msg.Life Factory)
- 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
- Reporting and Analytics
- Claims Management
- Use Cases
- Product Configuration
- Straight-Through Processing of Applications
- Contract Changes and Claims Support
- Group Business Support
- Adaptability of the System
- Digital Business Support
- Decision Support
- Vendors Added or Dropped
- Critical Capabilities Rating