Choose the core platform on evidence. Not on demonstrations.
Guidewire, Duck Creek, Majesco or another: your architecture measured against what your market needs, and every vendor read as a business.
Core platforms in use
Carriers by the policy administration vendor they run.
What decides the choice
SITP is independent of every vendor. It does not resell or implement any platform.
Fit to your operating model
Which suite covers the components your lines and markets need, and which leaves gaps.
The vendor as a business
Ownership, financing, customers and the pace of the product. A ten year bet.
Delivery reality
What comparable implementations have cost, and who delivered them.
Guidewire or Duck Creek: which is better?
Neither in general. It depends on your operating model, the markets you write, your cloud preference, each vendor’s ownership and pace, and what comparable implementations have delivered.
What is a policy administration system?
The core system that holds products, rates and rules and manages each policy from quote to renewal. With billing and claims, it forms the insurer’s core.