Policy Administration System Evaluation for Life Insurance

This document is a technical report that profiles and evaluates 33 different policy administration system vendors in the EMEA region, specifically focusing on life insurance. It includes an analysis of the vendors based on Celent's ABC methodology, which assesses vendors across three dimensions: Advanced Technology, Breadth of Functionality, and Customer Base and Support. The report identifies top performers in each category, awarding XCelent awards to those who excel in the specified areas. Additionally, it features the Celent Technical Capability Matrix, categorizing solutions based on their technology sophistication and functionality breadth. The report also provides detailed profiles of specific vendors, including Sapiens' CoreSuite for Life & Pensions, highlighting its capabilities, strengths, and areas for improvement. The document serves as a comprehensive resource for financial institutions seeking to understand the vendor landscape and compare providers in the life insurance policy administration sector.