EMEA Policy Administration Solutions: Property & Casualty, General, and Specialty Lines ABCD Vendor View

by Craig Beattie, February 16, 2016
Vendor Reviews
EMEA

Abstract

Celent profiles 43 policy administration systems being offered in EMEA. This report ranks systems and identifies winners of the XCelent awards in four dimensions: Advanced Technology, Breadth of Functionality, Customer Base, and Depth of Service.

 

To assemble the information in this report, Celent sent a detailed request for information to a broad set of policy administration system vendors.

After completing the RFIs, each eligible vendor provided a briefing and demo for Celent concentrating on usability and functionality for everyday users, as well as configurability for IT and system administration users. Celent also asked the references provided by each vendor to complete a survey and/or to be interviewed to obtain their view of the system’s business and technology value.

The RFIs, reference surveys, and interviews provided quantitative and qualitative data, much of which is included in this report.

“The EMEA region is a diverse and heterogeneous set of countries spanning three continents with differing challenges, regulation, and levels of development. This leads to a broad and heterogeneous set of vendors serving the various local markets,” says Craig Beattie, a senior analyst with Celent’s Insurance practice and author of the report.       

“We’re seeing significant consolidation, as well as a number of new startups in the region leading to complexity and confusion amongst insurance system buyers. This report should add clarity to the market as well as highlighting those systems actively marketed in the territory and giving insight to their relative capabilities and focus,” continues Craig Beattie.

This 272-page report contains 173 tables and 68 figures. 

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].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

Executive Summary

1

Introduction

2

Policy Administration Systems: Definition and Functionality

3

Report Method

6

Celent’s ABCD Vendor View

10

Vendor Profiles

13

Accenture plc: Accenture Duck Creek Policy

15

Adacta Group: AdInsure

23

AETINS SDN BHD ISF GENERAL

29

Cálculo, S.A.: e-Tica

34

CCS: Roundcube Policy

40

Comarch S.A.: Comarch Non-life Insurance

46

Computer Sciences Corporation: GraphTalk A.I.A

53

CSI Group: iAXIS

60

Diasoft: FLEXTERA Insurance

65

eBaoTech Corporation: eBaoTech GeneralSystem Suite

70

ESKADENIA Software: ESKA Insures

75

Fadata AD: INSIS

79

Genasys Technologies (Pty) Ltd:  Software Key to Insurance (SKI)

86

Guidewire Software Inc: Guidewire PolicyCenter

92

HUBIO Limited (HUBIO): Hubio Policy

99

I2s Informática - Sistemas e Serviços, SA: GIS Non-Life

104

1Insurer: Insurer Policy

110

Insicon: Insicon i2i

115

Intrasurance Technology Services B.V.: DIV (Direct Insurance Vision)

121

ISCS, Inc.: SurePower Innovation

128

Javision ltd.: Inamon

132

Keylane: QIS Policy Management

137

Majesco: Majesco Policy

144

Markit Systems Limited: Markit-MGA

148

msg systems ag (msg group) : msg.PIA

154

NIIT Technologies Ltd: AdvantageSuite (Navigator)

161

NTT Data: FirstGen for P&C Insurance

166

OneShield Inc.: OneShield Policy

171

Prima Solutions: Prima Insure

176

RDT Ltd: Landscape

183

RGI S.p.A.: PASS_Insurance

189

SAP SE: SAP Policy Management

196

Sapiens: Sapiens IDIT

201

Sequel Business Solutions: Eclipse

209

Sinosoft Co., Ltd: GPAS

214

SSP LTD: SSP Pure Insurance

219

SSP LTD: SSP Select Insurance

224

Tata Consultancy Services: TCS BaNCS

229

TechnoSys Group: AIMSweb – Advanced Insurance Management Suite

234

TIA Technology A/S : The TIA Solution

239

Unirisx, LLC: Unirisx Insurance Solution

245

Xuber (an Xchanging company): Xuber for Insurers Enterprise

252

ZOV Solutions: SID

257

Conclusion

264

Leveraging Celent’s Expertise

266

 

Support for Financial Institutions

266

 

Support for Vendors

266

Related Celent Research

267

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