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
Executive Overview
- Key Research Findings
Market Overview
Competitive Landscape and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Life Insurance Policy Administration System
Vendor Profiles
Research Methodologies
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