Celent: 20% of Life Insurance Policy Admin Systems in Use are 'Modern'

The sales of life/annuity policy administration systems in North America will continue at a slow pace for the next few years, the research and advisory firm predicts.

INN Breaking News, February 10, 2014

Carrie Burns

Approximately 20 percent of all policy administration systems in use today are “modern” systems licensed or hosted by vendors, and the other 80 percent may include homegrown systems or legacy vendor systems, according to a new report from Celent.

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