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EMEA Policy Administration Systems 2011: Life and Pension ABCD Vendor View

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17 November 2011

Abstract

For insurers, navigating the market of life and pension policy administration system vendors remains a difficult task. Celent profiles a majority of the life and pension insurance administration systems available in EMEA today.

In a new report, EMEA Policy Administration Systems 2011: Life and Pension ABCD Vendor View, Celent looks at policy administration systems available to life insurers in Europe. The report is part of a series on policy administration systems (PAS) in Europe, the United States, and Asia.

Full Profiles

Accenture

Accenture Life Insurance Platform (ALIP)

Airas Intersoft

iGas

Aquila

Administrator

ATENA IT & Financial Services Ltd

PARTENON Web

Bravura Solutions

Talisman - Sonata

BSB

Solife

Comarch SA

Comarch Life Insurance

COR&FJA AG

COR.FJA Life Factory

CSC

GraphTalk A.I.A.

Elips Group

Life Office & Pensions Office

Exaxe

Income Plus and Invest Plus

Fadata

INSIS

FIS Software

ALIS

I2S Informática - Sistemas e Serviços SA

Global Insurance Solution (GIS)

IFDS Percana

Percana

IN2 Ltd

INsurance2

LeanApps

LeanApps Life

Mastek Limited

Elixir

Profit Software Ltd

Profit Life&Pension

SunGard Data Systems

iWorks COMPASS

Tata Consultancy Services

TCS BaNCS

Wyde

Wynsure

Limited Profiles

Adacta

LifeBox

eBaoTech Corporation

eBaoTech LifeSystem

FirstApex

FirstLife

GBST

Composer

HP Enterprise Services

INGENIUM

HP Enterprise Services

RADIENCE

Itello

Inca

Oracle

Oracle Insurance Policy Administration for Life and Annuity

Prima Solutions

Prima Insure

RGI Group

PassCompagnia

SAP AG

SAP Policy Management

Tieto

Life Insurance Solution (LIS)

“The EMEA IT vendor landscape is increasingly difficult to navigate and, for insurers, the selection of a PAS requires the analysis of different parameters that have all their importance,” says Nicolas Michellod, Senior Analyst with Celent’s Insurance group and coauthor of the report.

“Celent recommends that insurers define and rank their own priorities when reviewing this important question,” adds Jamie Macgregor, Senior Analyst with Celent’s Insurance group and coauthor of the report.

Celent profiles 34 policy administration systems in Europe, with 22 full profiles and 12 limited profiles, using its ABCD Vendor View, which is a standard representation of a vendor marketplace designed to show at a glance the relative positions of each vendor in four categories: Advanced technology, Breadth of functionality, Customer base, and Depth of client services.