No doubt, technology has come a long way, baby. It’s come so far, in fact, that low code/no code solutions are even being considered by insurance companies as potential replacements for core administration systems.
As this category of solutions has evolved, the maturity of offerings on the market has increased dramatically. However, there is still no single technology silver bullet that will solve all of a carrier’s problems in one fell swoop as the software suites that dominated the insurance technology landscape for the last decade purported but failed to do.