Survey: P/C insurers to upgrade policy-administration systems

02/3/2010 | PropertyCasualty360

Most property/casualty insurers polled by Accenture intend to modernize their policy-administration systems in the next three years as old programs fail to meet company requirements for growth and adaptability. "It is very difficult to enhance systems while keeping them working, and insurers need to have a well-defined release strategy that balances speed of implementation with delivery risk," said an Accenture executive.

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