Although North American life, annuity and pension administration systems technology providers have seen a decline in deals since 2009, vendors with stand-alone systems have increased their deal volume.
In a new report, “Deal Trends and Predictions in the Life Insurance Policy Administration Solutions Market: 2012 North American Edition,” Celent notes that deals are down 12.8% since Celent published its 2009 ABCD Vendor View report. Since that time, Celent notes only six major deals have occurred in the policy admin space.
