Quadrant Knowledge Solutions’ Life Insurance Policy Administration System market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, market trends, and future market outlook. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading Life Insurance Policy Administration System vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including Accenture, Agito, Damco Solutions, EIS Group, EXL Services, Fadata, FINEOS, Infosys McCamish, Keylane, LIDP, Lumera, Majesco, MDI, Mphasis Wyde, msg life, Oracle, QLAdmin Solutions, Sapiens, Socotra, TCS, Verisk, Vermeg, and Vitech.
According to Nehan Jain, Analyst at Quadrant Knowledge Solutions “Life Insurance Policy Administration System helps insurers streamline entire policy lifecycle process by utilizing automation and workflow management capabilities providing an omnichannel customer experience to policyholders while safeguarding data security by being compliant to global regulations. With the abundance of IoT device proliferation alongside advancements in AI/ML and advanced analytics technologies, insurers can comprehend and cater to the evolving needs of policyholders by offering customer-centric insurance products.”
2022 Life Insurance Policy Administration System SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Key Research Findings
Competitive Landscape and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Life Insurance Policy Administration System
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing a customized, in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic to help companies successfully address business challenges. Our team of experienced consultants can help you achieve short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go-to-market strategies