Thank you for sharing!

Your article was successfully shared with the contacts you provided.

For years, we’ve been beating the drums for policy administration replacement, almost talking ad nauseam–but the message finally is coming through,” says Stephen Forte, senior research analyst in the P&C sector at Gartner.

The surge in policy administration projects is due to many business factors that have been highlighted in Tech Decisions in recent months: the inability of legacy platforms to respond quickly to business demands; the need to reduce the oft-cited 80 percent of the IT budget relegated to maintenance of aging platforms; and the upturn in financial fortunes of insurers that has freed up IT budgets, to name three.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.