The Policy Administration Transformation Journey*
Modernization of core systems is an imperative in today’s competitive environment. Because the PAS is so central to an insurer’s business operations, its modernization is critical to maximizing profitability. Investments in PAS modernization pay big dividends, delivering new levels of flexibility, enabling insurers to capitalize on advanced technologies, and opening doors to new opportunities and markets.
While each insurer’s journey will be unique, SMA has identified some critical steps that insurers can take to make the journey smoother, more efficient and take advantage of the benefits of a modernized PAS. Download this whitepaper to understand these critical steps.
*This white paper is based on a survey of how P&C insurers are modernizing their policy administration systems conducted by SMA in partnership with INN.