Published: 14 November 2022
Vendors in this market present varying approaches to innovation, cloud deployment, technical evolution, go-to-market strategy and the maturity of their platform offerings. P&C insurance CIOs can use this research to identify vendors most relevant for supporting their core platform needs.
New-win volumes across core modules were flat (165 in 2020 vs. 164 in 2021) on a like-for-like basis for a basket of 12 P&C insurance core platforms profiled in previous Gartner reports.However, overall new-win volumes remain below prepandemic levels.
While many vendors market their offerings as “low code” or “no code,” differences still remain in the way that products are defined, reused and configured. Even with the claims of no code, the reality is that it doesn’t negate the need for technical skills, with some vendor solutions requiring significant training effort to efficiently and properly use the configuration tools.
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