Asia-Pacific Policy Administration Systems 2015: Life, Health, and Annuities ABCD Vendor View
Celent provides a detailed look at 17 policy administration systems for APAC life, health, and annuities products.
In the report Asia-Pacific Policy Administration Systems 2015: Life, Health, and Annuities ABCD Vendor View, Celent looks at policy administration systems available to insurers in APAC. The report is part of a series on policy administration systems (PAS) in North America, EMEA, and Asia.
“PAS replacement is a hard task for any insurers. APAC insurers have various specific matters by country. The aim of this report is to help an insurer select a more suitable solution or system,” says KyongSun Kong, an analyst with Celent’s Asian Financial Services group and coauthor of the report.
This report features Celent’s ABCD Vendor View. The ABCD Vendor View presents comparative views of the vendor marketplace in four areas: Advanced technology and technical flexibility, Breadth of functionality, Customer base, and Depth of client services and solutions. The report also describes the core processes in a modern policy administration system, as well as the supporting capabilities and additional point solutions provided by vendors.
The report is nearly 130 pages and contains 27 figures and 70 tables. A table of contents, including the full list of vendors profiled, is available online.
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned operating unit of Marsh & McLennan Companies [NYSE: MMC].
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Table of Contents
Policy Administration Systems; Definition and Functionality
Celent’s ABCD Vendor View
AETINS SDN BHD: ISF Life
Bravura Solutions Limited: Sonata
CSC Ltd.: Integral Life
Diasoft: FLEXTERA Insurance
DynaFront Systems Berhad: PrecentiaLife
EAB Systems Limited: iLife
eBaoTech Corporation: eBaoTech LifeSystem Suite
Ebix Australia Pty Ltd: Ebix OneOffice
Hewlett Packard: INGENIUM
HP: RADIENCE Administration
Majesco: Majesco Policy for Life, Group, and Health
Nissay Information Technology Co., Ltd.: i-Win MICHL/LIFE
Oracle Corp.: Oracle Insurance Policy Administration
SAP SE: SAP Policy Management
Sinosoft Company Limited: Life Insurance System
SunGard Data Systems: Compass
Tata Consultancy Services: TCS BaNCS
Leveraging Celent’s Expertise
Support for Financial Institutions
Support for Vendors
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