

Life insurance policy administration software helps insurers manage life and annuity insurance policies. Life insurance policy administration systems allow insurers to develop and administer new life, annuity, pension, and health insurance products for clients. Using life insurance policy administration software systems, organizations can design new policies, calculate policy costs, and maintain a record of policies issued to clients. Some systems offer libraries of prebuilt insurance product features that reduce time to market. Life insurance policy administration software systems are commonly used by enterprise insurance organizations to manage existing policies and develop new insurance products. These systems can improve policy flexibility and administration. Life insurance policy administration software systems can be implemented either as a standalone solution or as part of an integrated insurance suite.
The global Life Insurance Policy Administration Systems market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The 鈥淟ife Insurance Policy Administration Systems Industry Forecast鈥 looks at past sales and reviews total world Life Insurance Policy Administration Systems sales in 2023, providing a comprehensive analysis by region and market sector of projected Life Insurance Policy Administration Systems sales for 2024 through 2030. With Life Insurance Policy Administration Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Life Insurance Policy Administration Systems industry.
This Insight Report provides a comprehensive analysis of the global Life Insurance Policy Administration Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Life Insurance Policy Administration Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥 unique position in an accelerating global Life Insurance Policy Administration Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Life Insurance Policy Administration Systems and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Life Insurance Policy Administration Systems.
The life insurance industry is witnessing shifting trends in the front-office, policy administration, and claims, the three core functions of the insurance value chain. Life insurance firms remain challenged by their inflexible legacy life insurance policy administration systems. Designing innovative products, faster time to market and leveraging modern technology for multi-channel distribution has become essential for life insurers. Hence insurers are looking for life insurance policy administration systems transformation to enhance their operational efficiency with a lower total cost of operations by consolidating their existing systems.
This report presents a comprehensive overview, market shares, and growth opportunities of Life Insurance Policy Administration Systems market by product type, application, key players and key regions and countries.
Segmentation by type
Hardware
Software
Services
Segmentation by application
Insurance Company
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accenture
Andesa Services
Concentrix
CSC (CyberLife)
CSC (Wealth Management Accelerator)
EXL
FAST Technology
Infosys McCamish
InsPro Technologies
Majesco
MDI
Mphasis Wyde
Oracle
Sapiens and Vitech Systems Group
Instanda
Andesa
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 麻豆原创 Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 麻豆原创 Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 麻豆原创 Estimation Caveats
2 Executive Summary
2.1 World 麻豆原创 Overview
2.1.1 Global Life Insurance Policy Administration Systems 麻豆原创 Size 2019-2030
2.1.2 Life Insurance Policy Administration Systems 麻豆原创 Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Life Insurance Policy Administration Systems Segment by Type
2.2.1 Hardware
2.2.2 Software
2.2.3 Services
2.3 Life Insurance Policy Administration Systems 麻豆原创 Size by Type
2.3.1 Life Insurance Policy Administration Systems 麻豆原创 Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Life Insurance Policy Administration Systems 麻豆原创 Size 麻豆原创 Share by Type (2019-2024)
2.4 Life Insurance Policy Administration Systems Segment by Application
2.4.1 Insurance Company
2.4.2 Others
2.5 Life Insurance Policy Administration Systems 麻豆原创 Size by Application
2.5.1 Life Insurance Policy Administration Systems 麻豆原创 Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Life Insurance Policy Administration Systems 麻豆原创 Size 麻豆原创 Share by Application (2019-2024)
3 Life Insurance Policy Administration Systems 麻豆原创 Size by Player
3.1 Life Insurance Policy Administration Systems 麻豆原创 Size 麻豆原创 Share by Players
3.1.1 Global Life Insurance Policy Administration Systems Revenue by Players (2019-2024)
3.1.2 Global Life Insurance Policy Administration Systems Revenue 麻豆原创 Share by Players (2019-2024)
3.2 Global Life Insurance Policy Administration Systems Key Players Head office and Products Offered
3.3 麻豆原创 Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Life Insurance Policy Administration Systems by Regions
4.1 Life Insurance Policy Administration Systems 麻豆原创 Size by Regions (2019-2024)
4.2 Americas Life Insurance Policy Administration Systems 麻豆原创 Size Growth (2019-2024)
4.3 APAC Life Insurance Policy Administration Systems 麻豆原创 Size Growth (2019-2024)
4.4 Europe Life Insurance Policy Administration Systems 麻豆原创 Size Growth (2019-2024)
4.5 Middle East & Africa Life Insurance Policy Administration Systems 麻豆原创 Size Growth (2019-2024)
5 Americas
5.1 Americas Life Insurance Policy Administration Systems 麻豆原创 Size by Country (2019-2024)
5.2 Americas Life Insurance Policy Administration Systems 麻豆原创 Size by Type (2019-2024)
5.3 Americas Life Insurance Policy Administration Systems 麻豆原创 Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Life Insurance Policy Administration Systems 麻豆原创 Size by Region (2019-2024)
6.2 APAC Life Insurance Policy Administration Systems 麻豆原创 Size by Type (2019-2024)
6.3 APAC Life Insurance Policy Administration Systems 麻豆原创 Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Life Insurance Policy Administration Systems by Country (2019-2024)
7.2 Europe Life Insurance Policy Administration Systems 麻豆原创 Size by Type (2019-2024)
7.3 Europe Life Insurance Policy Administration Systems 麻豆原创 Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Life Insurance Policy Administration Systems by Region (2019-2024)
8.2 Middle East & Africa Life Insurance Policy Administration Systems 麻豆原创 Size by Type (2019-2024)
8.3 Middle East & Africa Life Insurance Policy Administration Systems 麻豆原创 Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 麻豆原创 Drivers, Challenges and Trends
9.1 麻豆原创 Drivers & Growth Opportunities
9.2 麻豆原创 Challenges & Risks
9.3 Industry Trends
10 Global Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.1 Global Life Insurance Policy Administration Systems Forecast by Regions (2025-2030)
10.1.1 Global Life Insurance Policy Administration Systems Forecast by Regions (2025-2030)
10.1.2 Americas Life Insurance Policy Administration Systems Forecast
10.1.3 APAC Life Insurance Policy Administration Systems Forecast
10.1.4 Europe Life Insurance Policy Administration Systems Forecast
10.1.5 Middle East & Africa Life Insurance Policy Administration Systems Forecast
10.2 Americas Life Insurance Policy Administration Systems Forecast by Country (2025-2030)
10.2.1 United States Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.2.2 Canada Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.2.3 Mexico Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.2.4 Brazil Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3 APAC Life Insurance Policy Administration Systems Forecast by Region (2025-2030)
10.3.1 China Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3.2 Japan Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3.3 Korea Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3.4 Southeast Asia Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3.5 India Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.3.6 Australia Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.4 Europe Life Insurance Policy Administration Systems Forecast by Country (2025-2030)
10.4.1 Germany Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.4.2 France Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.4.3 UK Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.4.4 Italy Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.4.5 Russia Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.5 Middle East & Africa Life Insurance Policy Administration Systems Forecast by Region (2025-2030)
10.5.1 Egypt Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.5.2 South Africa Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.5.3 Israel Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.5.4 Turkey Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.5.5 GCC Countries Life Insurance Policy Administration Systems 麻豆原创 Forecast
10.6 Global Life Insurance Policy Administration Systems Forecast by Type (2025-2030)
10.7 Global Life Insurance Policy Administration Systems Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Accenture
11.1.1 Accenture Company Information
11.1.2 Accenture Life Insurance Policy Administration Systems Product Offered
11.1.3 Accenture Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.1.4 Accenture Main Business Overview
11.1.5 Accenture Latest Developments
11.2 Andesa Services
11.2.1 Andesa Services Company Information
11.2.2 Andesa Services Life Insurance Policy Administration Systems Product Offered
11.2.3 Andesa Services Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.2.4 Andesa Services Main Business Overview
11.2.5 Andesa Services Latest Developments
11.3 Concentrix
11.3.1 Concentrix Company Information
11.3.2 Concentrix Life Insurance Policy Administration Systems Product Offered
11.3.3 Concentrix Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.3.4 Concentrix Main Business Overview
11.3.5 Concentrix Latest Developments
11.4 CSC (CyberLife)
11.4.1 CSC (CyberLife) Company Information
11.4.2 CSC (CyberLife) Life Insurance Policy Administration Systems Product Offered
11.4.3 CSC (CyberLife) Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.4.4 CSC (CyberLife) Main Business Overview
11.4.5 CSC (CyberLife) Latest Developments
11.5 CSC (Wealth Management Accelerator)
11.5.1 CSC (Wealth Management Accelerator) Company Information
11.5.2 CSC (Wealth Management Accelerator) Life Insurance Policy Administration Systems Product Offered
11.5.3 CSC (Wealth Management Accelerator) Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.5.4 CSC (Wealth Management Accelerator) Main Business Overview
11.5.5 CSC (Wealth Management Accelerator) Latest Developments
11.6 EXL
11.6.1 EXL Company Information
11.6.2 EXL Life Insurance Policy Administration Systems Product Offered
11.6.3 EXL Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.6.4 EXL Main Business Overview
11.6.5 EXL Latest Developments
11.7 FAST Technology
11.7.1 FAST Technology Company Information
11.7.2 FAST Technology Life Insurance Policy Administration Systems Product Offered
11.7.3 FAST Technology Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.7.4 FAST Technology Main Business Overview
11.7.5 FAST Technology Latest Developments
11.8 Infosys McCamish
11.8.1 Infosys McCamish Company Information
11.8.2 Infosys McCamish Life Insurance Policy Administration Systems Product Offered
11.8.3 Infosys McCamish Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.8.4 Infosys McCamish Main Business Overview
11.8.5 Infosys McCamish Latest Developments
11.9 InsPro Technologies
11.9.1 InsPro Technologies Company Information
11.9.2 InsPro Technologies Life Insurance Policy Administration Systems Product Offered
11.9.3 InsPro Technologies Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.9.4 InsPro Technologies Main Business Overview
11.9.5 InsPro Technologies Latest Developments
11.10 Majesco
11.10.1 Majesco Company Information
11.10.2 Majesco Life Insurance Policy Administration Systems Product Offered
11.10.3 Majesco Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.10.4 Majesco Main Business Overview
11.10.5 Majesco Latest Developments
11.11 MDI
11.11.1 MDI Company Information
11.11.2 MDI Life Insurance Policy Administration Systems Product Offered
11.11.3 MDI Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.11.4 MDI Main Business Overview
11.11.5 MDI Latest Developments
11.12 Mphasis Wyde
11.12.1 Mphasis Wyde Company Information
11.12.2 Mphasis Wyde Life Insurance Policy Administration Systems Product Offered
11.12.3 Mphasis Wyde Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.12.4 Mphasis Wyde Main Business Overview
11.12.5 Mphasis Wyde Latest Developments
11.13 Oracle
11.13.1 Oracle Company Information
11.13.2 Oracle Life Insurance Policy Administration Systems Product Offered
11.13.3 Oracle Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.13.4 Oracle Main Business Overview
11.13.5 Oracle Latest Developments
11.14 Sapiens and Vitech Systems Group
11.14.1 Sapiens and Vitech Systems Group Company Information
11.14.2 Sapiens and Vitech Systems Group Life Insurance Policy Administration Systems Product Offered
11.14.3 Sapiens and Vitech Systems Group Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.14.4 Sapiens and Vitech Systems Group Main Business Overview
11.14.5 Sapiens and Vitech Systems Group Latest Developments
11.15 Instanda
11.15.1 Instanda Company Information
11.15.2 Instanda Life Insurance Policy Administration Systems Product Offered
11.15.3 Instanda Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.15.4 Instanda Main Business Overview
11.15.5 Instanda Latest Developments
11.16 Andesa
11.16.1 Andesa Company Information
11.16.2 Andesa Life Insurance Policy Administration Systems Product Offered
11.16.3 Andesa Life Insurance Policy Administration Systems Revenue, Gross Margin and 麻豆原创 Share (2019-2024)
11.16.4 Andesa Main Business Overview
11.16.5 Andesa Latest Developments
12 Research Findings and Conclusion
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*If Applicable.