Policy Administration System Modernization Is Occurring at a NASCAR Pace 6344335690741381224-blid-4396492111487421000

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A look back to 15 years ago reveals that most insurers back then built their own PAS solutions in-house. In an effort to address the long time lines and escalating costs associated with this strategy, the trend shifted to a packaged solution approach. Today you rarely find a carrier building their own solution as several options for improving or modernizing have become more popular.