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2007: A View From the Shop Floor

Incredibly, it has been almost a year since I started writing this column. It has been a year in which I have worked with numerous carriers, visited with many vendors, attended trade shows, and talked

By George Grieve | Updated on November 30, 2007

Incredibly, it has been almost a year since I started writing this column. It has been a year in which I have worked with numerous carriers, visited with many vendors, attended trade shows, and talked with and listened to numerous people who know the property/casualty technology market well. Given the impending new year, I’d like to present a few observations I have found interesting and instructive during the past 12 months.

It has been a banner year for P&C software vendors in general. As various reports from industry analysts have shown, the market for core insurance software has remained strong through 2007 and looks set to continue into 2008. Carriers are buying big-ticket items such as policy, claims, and billing systems as well as tier-two applications such as document management, data warehousing, and workflow systems.

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