Claims administration systems are being replaced at an increasing pace in the insurance industry according to research from Novarica (www.novarica.com), a research and advisory firm.

While many carriers have already upgraded and others are in the middle of a claim replacement project, Novarica research shows the majority of carriers are in the planning phase for a core claims system replacement.

Novarica's new report, "Novarica Market Navigator: Property/Casualty Claims Solutions 2011" is designed to help insurance CIOs navigate the marketplace of standalone claims software providers, profiling over 30 vendors.  

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