Deal Trends for Life Policy Administration Systems: Latin American Edition
15 December 2022
2022 Edition
Abstract
Every two years, Celent reviews and profiles LATAM’s life insurance policy administration systems. Our latest report was published in December 2021: Policy Administration Systems: LATAM Life Insurance Edition. As part of our review of the systems and vendors, we gather specific data about their client base. This report provides a view on the evolution of the installed base of these systems for the period of 2017–2021 (covering two LATAM life PAS vendor reports: 2019 and 2021).
This report looks at the Latin America life insurance policy administration market over 2020 and 2021. It attempts to answer several questions, including:
- Which trends influenced growth in the Latin America policy administration market for life insurance?
- Which vendors were successful in this market in 2020 and 2021?
- What will the market be like for life insurance policy administration vendors in this market over the next two years?