Life Insurance Policy Administration Systems Comprehensive Study by Type (Software, Services (Managed Services, Professional Services)), Policy Administration (Policy Lifecycle, Underwriting, Contract Changes, Claim Settlement, User Experience, Others), Deployment Model (SaaS, On-premise), End User (Insurance Companies, Banks, Others) Players and Region - Global Market Outlook to 2030

Life Insurance Policy Administration Systems Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 12.2%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
About Life Insurance Policy Administration Systems
Life Insurance Policy Administration Systems is used to execute a number of core policy processes including rating, quoting, binding, issuing, endorsements, and renewals. Life insurance policy administration systems allow insurers to develop and administer new life, annuity, pension, and health insurance products for clients. Using these systems, organizations can design new policies, calculate policy costs, and maintain a record of policies issued to clients. Life insurance policy administration systems are commonly used by enterprise insurance organizations to manage existing policies and develop new insurance products.

AttributesDetails
Study Period2018-2030
Base Year2023
UnitValue (USD Million)
CAGR12.2%


This is a fragmented market by market-leading players and those are highly focusing on the production technologies, improving efficiency and service life. There are numerous growth opportunities are in the market, and to capture these markets various new market players are entering this market by highly investing in new technologies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Life Insurance Policy Administration Systems market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.

Accenture (Ireland), Andesa Services, Inc. (United States), Concentrix (United States), EXL (United States), FAST Technology (United States), Infosys McCamish (United States), InsPro Technologies (United States), Majesco (United States), Mphasis Wyde (France) and Oracle (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Instanda (United Kingdom) and Andesa (United States).

Segmentation Overview
AMA Research has segmented the market of Global Life Insurance Policy Administration Systems market by Type (Software and Services (Managed Services, Professional Services)) and Region.



On the basis of geography, the market of Life Insurance Policy Administration Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Policy Administration, the sub-segment i.e. Policy Lifecycle will boost the Life Insurance Policy Administration Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment Model, the sub-segment i.e. SaaS will boost the Life Insurance Policy Administration Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Insurance Companies will boost the Life Insurance Policy Administration Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Influencing Trend:
Technology Advancement in Life Insurance Policy Administration System

Market Growth Drivers:
Increase in the Outsourcing of Policy Administration Functions and Rapidly Changing Market Conditions

Challenges:
Increasing Competition

Restraints:
Rapid Upgradations of System and A Requirement of Skilled Professionals

Opportunities:
Growing Spending of Organisations on Policy Administration Systems and Emerging Advancements in Administration Systems in the Form of Automation

Market Leaders and their expansionary development strategies
In October 2023, InsureMO, a leading cloud-native insurance middleware platform provider, and Mendix, a global leader in enterprise low-code solutions, today announced a strategic partnership to help insurance companies accelerate their digital transformation initiatives.
In October 2023, Appian announced the availability of the Connected Underwriting Life Workbench to help insurers unify workflows and data in an automated, end-to-end process. The solution makes underwriters' lives easier by giving them a single interface to evaluate and classify risk, handle exceptions, and make case decisions.


Key Target Audience
Life Insurance Policy Administration SystemsProvides, Life Insurance Policy Administration Systems Industry Association, Research and Development Institutes, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries

About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.

Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.

The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.

Report Objectives / Segmentation Covered

By Type
  • Software
  • Services (Managed Services, Professional Services)
By Policy Administration
  • Policy Lifecycle
  • Underwriting
  • Contract Changes
  • Claim Settlement
  • User Experience
  • Others

By Deployment Model
  • SaaS
  • On-premise

By End User
  • Insurance Companies
  • Banks
  • Others

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increase in the Outsourcing of Policy Administration Functions
      • 3.2.2. Rapidly Changing Market Conditions
    • 3.3. Market Challenges
      • 3.3.1. Increasing Competition
    • 3.4. Market Trends
      • 3.4.1. Technology Advancement in Life Insurance Policy Administration System
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Life Insurance Policy Administration Systems, by Type, Policy Administration, Deployment Model, End User and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Life Insurance Policy Administration Systems (Value)
      • 5.2.1. Global Life Insurance Policy Administration Systems by: Type (Value)
        • 5.2.1.1. Software
        • 5.2.1.2. Services (Managed Services, Professional Services)
      • 5.2.2. Global Life Insurance Policy Administration Systems by: Policy Administration (Value)
        • 5.2.2.1. Policy Lifecycle
        • 5.2.2.2. Underwriting
        • 5.2.2.3. Contract Changes
        • 5.2.2.4. Claim Settlement
        • 5.2.2.5. User Experience
        • 5.2.2.6. Others
      • 5.2.3. Global Life Insurance Policy Administration Systems by: Deployment Model (Value)
        • 5.2.3.1. SaaS
        • 5.2.3.2. On-premise
      • 5.2.4. Global Life Insurance Policy Administration Systems by: End User (Value)
        • 5.2.4.1. Insurance Companies
        • 5.2.4.2. Banks
        • 5.2.4.3. Others
      • 5.2.5. Global Life Insurance Policy Administration Systems Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
    • 5.3. Global Life Insurance Policy Administration Systems (Price)
      • 5.3.1. Global Life Insurance Policy Administration Systems by: Type (Price)
  • 6. Life Insurance Policy Administration Systems: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Accenture (Ireland)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Andesa Services, Inc. (United States)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Concentrix (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. EXL (United States)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. FAST Technology (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Infosys McCamish (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. InsPro Technologies (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Majesco (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Mphasis Wyde (France)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Oracle (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
  • 7. Global Life Insurance Policy Administration Systems Sale, by Type, Policy Administration, Deployment Model, End User and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Life Insurance Policy Administration Systems (Value)
      • 7.2.1. Global Life Insurance Policy Administration Systems by: Type (Value)
        • 7.2.1.1. Software
        • 7.2.1.2. Services (Managed Services, Professional Services)
      • 7.2.2. Global Life Insurance Policy Administration Systems by: Policy Administration (Value)
        • 7.2.2.1. Policy Lifecycle
        • 7.2.2.2. Underwriting
        • 7.2.2.3. Contract Changes
        • 7.2.2.4. Claim Settlement
        • 7.2.2.5. User Experience
        • 7.2.2.6. Others
      • 7.2.3. Global Life Insurance Policy Administration Systems by: Deployment Model (Value)
        • 7.2.3.1. SaaS
        • 7.2.3.2. On-premise
      • 7.2.4. Global Life Insurance Policy Administration Systems by: End User (Value)
        • 7.2.4.1. Insurance Companies
        • 7.2.4.2. Banks
        • 7.2.4.3. Others
      • 7.2.5. Global Life Insurance Policy Administration Systems Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
    • 7.3. Global Life Insurance Policy Administration Systems (Price)
      • 7.3.1. Global Life Insurance Policy Administration Systems by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Life Insurance Policy Administration Systems: by Type(USD Million)
  • Table 2. Life Insurance Policy Administration Systems Software , by Region USD Million (2018-2023)
  • Table 3. Life Insurance Policy Administration Systems Services (Managed Services, Professional Services) , by Region USD Million (2018-2023)
  • Table 4. Life Insurance Policy Administration Systems: by Policy Administration(USD Million)
  • Table 5. Life Insurance Policy Administration Systems Policy Lifecycle , by Region USD Million (2018-2023)
  • Table 6. Life Insurance Policy Administration Systems Underwriting , by Region USD Million (2018-2023)
  • Table 7. Life Insurance Policy Administration Systems Contract Changes , by Region USD Million (2018-2023)
  • Table 8. Life Insurance Policy Administration Systems Claim Settlement , by Region USD Million (2018-2023)
  • Table 9. Life Insurance Policy Administration Systems User Experience , by Region USD Million (2018-2023)
  • Table 10. Life Insurance Policy Administration Systems Others , by Region USD Million (2018-2023)
  • Table 11. Life Insurance Policy Administration Systems: by Deployment Model(USD Million)
  • Table 12. Life Insurance Policy Administration Systems SaaS , by Region USD Million (2018-2023)
  • Table 13. Life Insurance Policy Administration Systems On-premise , by Region USD Million (2018-2023)
  • Table 14. Life Insurance Policy Administration Systems: by End User(USD Million)
  • Table 15. Life Insurance Policy Administration Systems Insurance Companies , by Region USD Million (2018-2023)
  • Table 16. Life Insurance Policy Administration Systems Banks , by Region USD Million (2018-2023)
  • Table 17. Life Insurance Policy Administration Systems Others , by Region USD Million (2018-2023)
  • Table 18. South America Life Insurance Policy Administration Systems, by Country USD Million (2018-2023)
  • Table 19. South America Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 20. South America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 21. South America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 22. South America Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 23. Brazil Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 24. Brazil Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 25. Brazil Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 26. Brazil Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 27. Argentina Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 28. Argentina Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 29. Argentina Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 30. Argentina Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 31. Rest of South America Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 32. Rest of South America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 33. Rest of South America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 34. Rest of South America Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 35. Asia Pacific Life Insurance Policy Administration Systems, by Country USD Million (2018-2023)
  • Table 36. Asia Pacific Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 37. Asia Pacific Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 38. Asia Pacific Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 39. Asia Pacific Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 40. China Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 41. China Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 42. China Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 43. China Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 44. Japan Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 45. Japan Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 46. Japan Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 47. Japan Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 48. India Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 49. India Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 50. India Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 51. India Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 52. South Korea Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 53. South Korea Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 54. South Korea Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 55. South Korea Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 56. Taiwan Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 57. Taiwan Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 58. Taiwan Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 59. Taiwan Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 60. Australia Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 61. Australia Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 62. Australia Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 63. Australia Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 64. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 65. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 66. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 67. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 68. Europe Life Insurance Policy Administration Systems, by Country USD Million (2018-2023)
  • Table 69. Europe Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 70. Europe Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 71. Europe Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 72. Europe Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 73. Germany Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 74. Germany Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 75. Germany Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 76. Germany Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 77. France Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 78. France Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 79. France Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 80. France Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 81. Italy Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 82. Italy Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 83. Italy Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 84. Italy Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 85. United Kingdom Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 86. United Kingdom Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 87. United Kingdom Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 88. United Kingdom Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 89. Netherlands Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 90. Netherlands Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 91. Netherlands Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 92. Netherlands Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 93. Rest of Europe Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 94. Rest of Europe Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 95. Rest of Europe Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 96. Rest of Europe Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 97. MEA Life Insurance Policy Administration Systems, by Country USD Million (2018-2023)
  • Table 98. MEA Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 99. MEA Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 100. MEA Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 101. MEA Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 102. Middle East Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 103. Middle East Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 104. Middle East Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 105. Middle East Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 106. Africa Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 107. Africa Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 108. Africa Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 109. Africa Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 110. North America Life Insurance Policy Administration Systems, by Country USD Million (2018-2023)
  • Table 111. North America Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 112. North America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 113. North America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 114. North America Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 115. United States Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 116. United States Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 117. United States Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 118. United States Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 119. Canada Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 120. Canada Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 121. Canada Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 122. Canada Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 123. Mexico Life Insurance Policy Administration Systems, by Type USD Million (2018-2023)
  • Table 124. Mexico Life Insurance Policy Administration Systems, by Policy Administration USD Million (2018-2023)
  • Table 125. Mexico Life Insurance Policy Administration Systems, by Deployment Model USD Million (2018-2023)
  • Table 126. Mexico Life Insurance Policy Administration Systems, by End User USD Million (2018-2023)
  • Table 127. Life Insurance Policy Administration Systems: by Type(USD/Units)
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Life Insurance Policy Administration Systems: by Type(USD Million)
  • Table 139. Life Insurance Policy Administration Systems Software , by Region USD Million (2025-2030)
  • Table 140. Life Insurance Policy Administration Systems Services (Managed Services, Professional Services) , by Region USD Million (2025-2030)
  • Table 141. Life Insurance Policy Administration Systems: by Policy Administration(USD Million)
  • Table 142. Life Insurance Policy Administration Systems Policy Lifecycle , by Region USD Million (2025-2030)
  • Table 143. Life Insurance Policy Administration Systems Underwriting , by Region USD Million (2025-2030)
  • Table 144. Life Insurance Policy Administration Systems Contract Changes , by Region USD Million (2025-2030)
  • Table 145. Life Insurance Policy Administration Systems Claim Settlement , by Region USD Million (2025-2030)
  • Table 146. Life Insurance Policy Administration Systems User Experience , by Region USD Million (2025-2030)
  • Table 147. Life Insurance Policy Administration Systems Others , by Region USD Million (2025-2030)
  • Table 148. Life Insurance Policy Administration Systems: by Deployment Model(USD Million)
  • Table 149. Life Insurance Policy Administration Systems SaaS , by Region USD Million (2025-2030)
  • Table 150. Life Insurance Policy Administration Systems On-premise , by Region USD Million (2025-2030)
  • Table 151. Life Insurance Policy Administration Systems: by End User(USD Million)
  • Table 152. Life Insurance Policy Administration Systems Insurance Companies , by Region USD Million (2025-2030)
  • Table 153. Life Insurance Policy Administration Systems Banks , by Region USD Million (2025-2030)
  • Table 154. Life Insurance Policy Administration Systems Others , by Region USD Million (2025-2030)
  • Table 155. South America Life Insurance Policy Administration Systems, by Country USD Million (2025-2030)
  • Table 156. South America Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 157. South America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 158. South America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 159. South America Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 160. Brazil Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 161. Brazil Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 162. Brazil Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 163. Brazil Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 164. Argentina Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 165. Argentina Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 166. Argentina Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 167. Argentina Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 168. Rest of South America Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 169. Rest of South America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 170. Rest of South America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 171. Rest of South America Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 172. Asia Pacific Life Insurance Policy Administration Systems, by Country USD Million (2025-2030)
  • Table 173. Asia Pacific Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 174. Asia Pacific Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 175. Asia Pacific Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 176. Asia Pacific Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 177. China Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 178. China Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 179. China Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 180. China Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 181. Japan Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 182. Japan Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 183. Japan Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 184. Japan Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 185. India Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 186. India Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 187. India Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 188. India Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 189. South Korea Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 190. South Korea Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 191. South Korea Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 192. South Korea Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 193. Taiwan Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 194. Taiwan Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 195. Taiwan Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 196. Taiwan Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 197. Australia Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 198. Australia Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 199. Australia Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 200. Australia Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 201. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 202. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 203. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 204. Rest of Asia-Pacific Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 205. Europe Life Insurance Policy Administration Systems, by Country USD Million (2025-2030)
  • Table 206. Europe Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 207. Europe Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 208. Europe Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 209. Europe Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 210. Germany Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 211. Germany Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 212. Germany Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 213. Germany Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 214. France Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 215. France Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 216. France Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 217. France Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 218. Italy Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 219. Italy Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 220. Italy Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 221. Italy Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 222. United Kingdom Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 223. United Kingdom Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 224. United Kingdom Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 225. United Kingdom Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 226. Netherlands Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 227. Netherlands Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 228. Netherlands Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 229. Netherlands Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 230. Rest of Europe Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 231. Rest of Europe Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 232. Rest of Europe Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 233. Rest of Europe Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 234. MEA Life Insurance Policy Administration Systems, by Country USD Million (2025-2030)
  • Table 235. MEA Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 236. MEA Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 237. MEA Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 238. MEA Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 239. Middle East Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 240. Middle East Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 241. Middle East Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 242. Middle East Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 243. Africa Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 244. Africa Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 245. Africa Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 246. Africa Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 247. North America Life Insurance Policy Administration Systems, by Country USD Million (2025-2030)
  • Table 248. North America Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 249. North America Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 250. North America Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 251. North America Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 252. United States Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 253. United States Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 254. United States Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 255. United States Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 256. Canada Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 257. Canada Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 258. Canada Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 259. Canada Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 260. Mexico Life Insurance Policy Administration Systems, by Type USD Million (2025-2030)
  • Table 261. Mexico Life Insurance Policy Administration Systems, by Policy Administration USD Million (2025-2030)
  • Table 262. Mexico Life Insurance Policy Administration Systems, by Deployment Model USD Million (2025-2030)
  • Table 263. Mexico Life Insurance Policy Administration Systems, by End User USD Million (2025-2030)
  • Table 264. Life Insurance Policy Administration Systems: by Type(USD/Units)
  • Table 265. Research Programs/Design for This Report
  • Table 266. Key Data Information from Secondary Sources
  • Table 267. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Life Insurance Policy Administration Systems: by Type USD Million (2018-2023)
  • Figure 5. Global Life Insurance Policy Administration Systems: by Policy Administration USD Million (2018-2023)
  • Figure 6. Global Life Insurance Policy Administration Systems: by Deployment Model USD Million (2018-2023)
  • Figure 7. Global Life Insurance Policy Administration Systems: by End User USD Million (2018-2023)
  • Figure 8. South America Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 9. Asia Pacific Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 10. Europe Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 11. MEA Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 12. North America Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 13. Global Life Insurance Policy Administration Systems: by Type USD/Units (2018-2023)
  • Figure 14. Global Life Insurance Policy Administration Systems share by Players 2023 (%)
  • Figure 15. Global Life Insurance Policy Administration Systems share by Players (Top 3) 2023(%)
  • Figure 16. Global Life Insurance Policy Administration Systems share by Players (Top 5) 2023(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Accenture (Ireland) Revenue, Net Income and Gross profit
  • Figure 19. Accenture (Ireland) Revenue: by Geography 2023
  • Figure 20. Andesa Services, Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 21. Andesa Services, Inc. (United States) Revenue: by Geography 2023
  • Figure 22. Concentrix (United States) Revenue, Net Income and Gross profit
  • Figure 23. Concentrix (United States) Revenue: by Geography 2023
  • Figure 24. EXL (United States) Revenue, Net Income and Gross profit
  • Figure 25. EXL (United States) Revenue: by Geography 2023
  • Figure 26. FAST Technology (United States) Revenue, Net Income and Gross profit
  • Figure 27. FAST Technology (United States) Revenue: by Geography 2023
  • Figure 28. Infosys McCamish (United States) Revenue, Net Income and Gross profit
  • Figure 29. Infosys McCamish (United States) Revenue: by Geography 2023
  • Figure 30. InsPro Technologies (United States) Revenue, Net Income and Gross profit
  • Figure 31. InsPro Technologies (United States) Revenue: by Geography 2023
  • Figure 32. Majesco (United States) Revenue, Net Income and Gross profit
  • Figure 33. Majesco (United States) Revenue: by Geography 2023
  • Figure 34. Mphasis Wyde (France) Revenue, Net Income and Gross profit
  • Figure 35. Mphasis Wyde (France) Revenue: by Geography 2023
  • Figure 36. Oracle (United States) Revenue, Net Income and Gross profit
  • Figure 37. Oracle (United States) Revenue: by Geography 2023
  • Figure 38. Global Life Insurance Policy Administration Systems: by Type USD Million (2025-2030)
  • Figure 39. Global Life Insurance Policy Administration Systems: by Policy Administration USD Million (2025-2030)
  • Figure 40. Global Life Insurance Policy Administration Systems: by Deployment Model USD Million (2025-2030)
  • Figure 41. Global Life Insurance Policy Administration Systems: by End User USD Million (2025-2030)
  • Figure 42. South America Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 43. Asia Pacific Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 44. Europe Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 45. MEA Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 46. North America Life Insurance Policy Administration Systems Share (%), by Country
  • Figure 47. Global Life Insurance Policy Administration Systems: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Accenture (Ireland)
  • Andesa Services, Inc. (United States)
  • Concentrix (United States)
  • EXL (United States)
  • FAST Technology (United States)
  • Infosys McCamish (United States)
  • InsPro Technologies (United States)
  • Majesco (United States)
  • Mphasis Wyde (France)
  • Oracle (United States)
Additional players considered in the study are as follows:
Instanda (United Kingdom) , Andesa (United States)
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Key Highlights of Report


Apr 2024 245 Pages 78 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

The standard version of the report profiles players such as Accenture (Ireland), Andesa Services, Inc. (United States), Concentrix (United States), EXL (United States), FAST Technology (United States), Infosys McCamish (United States), InsPro Technologies (United States), Majesco (United States), Mphasis Wyde (France) and Oracle (United States) etc.
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
"Technology Advancement in Life Insurance Policy Administration System" is seen as one of major influencing trends for Life Insurance Policy Administration Systems Market during projected period 2023-2030.
The Life Insurance Policy Administration Systems market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.

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