ReSource Pro’s latest research report analyzes the evolving landscape of core system purchasing in the insurance industry, revealing where modernization is taking hold and what’s driving decisions across carrier tiers and MGAs. Based on 99 verified system purchases from top solution providers in 2024, the report offers essential insights for insurance leaders planning system upgrades, replacements, or digital transformation strategies.
Key topics include:
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Why Tier 4 carriers and MGAs are leading core system purchases as modernization efforts gain traction in commercial lines
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The growing preference for suite solutions—policy, billing, and claims bundles now account for more than half of all deals
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Core system activity by line of business, with 88% of 2024 deals supporting commercial lines across all company tiers
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Near-universal adoption of cloud deployment, with 99% of new core systems delivered via cloud in 2024
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Strategic recommendations for aligning system selection with future growth, AI integration, and operational transformation
This comprehensive report is essential reading for insurers, MGAs, and technology strategists seeking to understand purchasing behaviors, emerging preferences, and the future direction of core systems in a rapidly modernizing market.
