Latin America Policy Administration Systems 2015: Property & Casualty, General, and Specialty Lines Edition
Celent provides a detailed look at 20 policy administration systems for property & casualty, general, and specialty lines.
In the report Latin American Policy Administration Systems 2015: Property & Casualty, General and Specialty Lines Edition, Celent looks at policy administration systems available to insurers in Latin America. The report is part of a series on policy administration systems (PAS) in North America, EMEA, and Asia.
In actual practice, an insurer uses a PAS, either by itself or closely integrated with specific point solutions, to execute a number of core processes and relies on several types of supporting capabilities.
“Innovation, efficiency, and rapid time to market are some of the main motives that insurers are looking for when replacing a new core system. Although there no single solution that can meet all an insurer’s needs, this report provides a very good understanding of the available solutions in the region that can help insurers arrive at a decision,” says Luis Chipana, an analyst with Celent’s Insurance practice and coauthor of the report.
“The PAS market has been constantly evolving with technological upgrades, richer functionality, and new players, which makes it a dynamic market with a myriad of choices for insurers,” says Juan Mazzini, a senior analyst with Celent’s Insurance practice and coauthor of the report.
The report is more than 100 pages and has 23 figures, and 77 tables.
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 subsidiary of Marsh & McLennan Companies [NYSE: MMC].
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Table of Contents
Policy Administration Systems: Definition and Functionality
Accenture plc: Accenture Duck Creek Policy
CLAVE Technologia y Servicios S.A.: KINETYC Insurance Technology
Consis International: Acsel-e
CSI Group: iAXIS
Computer Sciences Corporation: GraphTalk A.I.A
DC Sistemas y Servicios S.A.: Equis
eBaoTech Corporation: eBaoTech GeneralSystem Suite
EIS Group, Inc.: PolicyCore
Fadata AD: Insis
Guidewire Software Inc: Guidewire PolicyCenter
i2S Informática – Sistemas e Serviços, SA: GIS Non-life
I4PRO Informática Ltda: i4PRO ERP MULTI-LOB
In Motion Servicios, S.A.: VisualTIME
Majesco: Majesco Policy
NTT Data: FirstGen for P&C Insurance
Sistran Consultores s.a.: SISE 3G Enterprise Edition P&C
SysOne S.A.: Insurance Service Bus
Tata Consultancy Services: TCS BaNCS
Tritech Financial Systems Inc.: GIMS - General insurance Management Systems
Unirisx, LLC: Unirisx Insurance Solution
Xuber (an Xchanging company) : Xuber for Insurers
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