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    11 — Technology category · TR-140.40

    Insurance Core Suites

    Policy administration, billing and claims systems for insurers, configured per line of business, that carry a policy from product and rating through issuance, premium collection and claim payment.

    • Policy Administration System
    • PAS
    • Claims Management System
    • Insurance Billing System
    • Insurance Core

    In scope

    • Insurance product configuration and rating
    • Quote bind and policy administration
    • Premium billing and producer commissions
    • Claims intake adjustment and payment
    • Reinsurance cession records

    Out of scope

    • Actuarial and reserving analytics (see TR-50.10)
    • Disbursement over payment rails (see TR-140.20)
    • Policy document repositories (see TR-120.50)

    Example technologies · 8

    Well-known technologies in this category, named as facts. Not a shortlist or an endorsement.

    • Guidewire InsuranceSuite
    • Duck Creek
    • Majesco
    • Sapiens
    • Insurity
    • EIS
    • Socotra
    • FINEOS

    Realizes · 8

    Elsewhere in Financial Services Platforms