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North American Policy Administration Systems 2019: Life, Annuities, and Pension ABCD Vendor View

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20 December 2019

Abstract

A policy administration system (PAS) is the system of record for all policies that an insurance company has written.

In actual practice, an insurer uses a PAS, either by itself or with closely integrated specific point solutions, to execute a number of core processes, and relies on several types of supporting capabilities:

This report profiles policy administration systems available in North America for life insurers. We provide an overview of the functionality, the customer base, lines supported, the technology, and other information insurers evaluate in a buying situation.