Andesa Services Positioned in the Challengers Quadrant of the Magic Quadrant for North American Life Insurance Policy Administration Systems
PR Web |
To be included in the Magic Quadrant, vendors must offer a software solution that provides core policy administration for life and annuity products in the North American market. This is the second consecutive year that Andesa has been named to the Magic Quadrant.
Policy administration vendors included in the report were evaluated on their "ability to execute" and "completeness of vision." The "ability to execute" dimension was evaluated based on system architecture/flexibility, overall viability (business unit, financial, strategy and organization), sales execution/pricing, market responsiveness, track record, marketing execution, customer experience and operations. "Completeness of vision" was evaluated based on market understanding, marketing strategy, sales strategy, product strategy, business model, vertical/industry strategy, innovation and geographic strategy.
"We believe that our position in the Challengers quadrant for the second consecutive year is proof positive that Andesa is successfully delivering on our commitment to our clients and that we are continuously focused on improving the user experience of our technology," said
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