Leading global research firm Everest Group has released its first in-depth “leading” reports, with its Leading 50™ Life & Annuities (L&A) Insurance Technology Providers 2024, Leading 50™ Property & Casualty (P&C) Technology Providers 2024, and Leading 50™ Core Banking Technology Providers 2024 reports all now available to read via Everest Group Leading 50™ – Everest Group.
Everest Group’s Leading 50™ reports spotlight the top 50 technology providers across industries, based on proprietary analysis and direct provider data. These reports provide an objective view of tech provider landscapes, helping enterprises find leading platforms and allowing providers to benchmark and innovate effectively.
Leading 50™ Life & Annuities (L&A) Insurance Technology Providers 2024:
The Everest Group Leading 50™ Life & Annuity (L&A) Insurance Technology Providers report objectively analyzes the leading technology providers serving the L&A insurance, retirements, and pensions industry.
The ranking is based on key parameters, including revenue generated from L&A insurance platforms, line-of-business coverage, value chain functions, and global client reach. It also examines recent investments in capability enhancements, product launches, and partnerships across the technology landscape.
The report also offers valuable insights for L&A insurers looking to identify technology suppliers that excel in high-impact segments such as customer engagement, digital workflow management, underwriting assistance, pension administration, and distribution management.
Ronak Doshi, partner at Everest Group, said:
“BFSI enterprises value technology that helps drive velocity of change, while ensuring resiliency and cost efficiency of their business. Our Leading 50TM research lists technology providers helping enterprises finely balance the complexities across data, compliance, business operations, products, and services experience. The Leading 50 technology providers span across core and core augmentation use cases of process orchestration and infusing data and intelligence into BFSI business operations. Congratulations to all the providers featured and recognized in the three reports.”
Leading 50™ Property & Casualty (P&C) Technology Providers 2024:
The Everest Group Leading 50™ Property & Casualty (P&C) Insurance Technology Providers report objectively analyzes the leading technology providers serving the P&C insurance industry. The ranking is based on key parameters, including revenue derived from P&C insurance-focused technology platforms/solutions, line-of-business coverage, value chain coverage, and client geographic coverage. It also examines recent investments in capability enhancements, product launches, and partnerships across the technology landscape.
This report provides important insights into leading core and augmentation technology providers for P&C insurers, aiding in more informed provider selection and strategic technology purchase decisions.
The report also recognizes technology providers across high-impact segments such as underwriting assistance, fraud detection and mitigation, distribution and agency management, digital experience platforms (including customer experience and relationship management), emerging risks intelligence and assessment – cyber and climate, intelligent workflow orchestration, risk intelligence for property and auto insurance, and standalone pricing and rating engine. It can also serve as a benchmarking tool for technology providers to measure themselves against peers.
Leading 50™ Core Banking Technology Providers 2024:
The Everest Group Leading 50™ Core Banking Technology Providers is a global ranking of the leading technology providers specializing in core banking platforms for the retail and commercial banking industry. The list is based on multiple objective parameters, including:
Revenue and customer base: assesses the provider’s revenue generated specifically from core banking platforms (retail and commercial) and customer base
Module coverage: evaluates the provider’s coverage across core banking components, encompassing retail and commercial modules
Innovation and investment: analyzes the provider’s innovation capabilities, focusing on cloud-native solutions, Software-as-a-Service (SaaS), AI integration, and strategic partnerships
Client geographic coverage: assesses the provider’s global reach across regions such as North America, the UK & Ireland, Europe, Middle East and Africa (EMEA), Asia Pacific (APAC), and the Rest of the World (RoW)
In addition to the rankings, Everest Group has recognized core banking technology providers across categories such as regional leaders and those serving credit unions. Recognition is based on publicly available data such as annual reports, investor announcements, and provider press releases, ensuring a comprehensive and objective evaluation.
