Research Paper

This report examines a new entrant in the Life and Annuity Policy Administration System (PAS) vendor marketplace. Using an in-depth, hands-on approach to assess the Penn River platform, the research team provides a detailed review of the technical design and features and considerations for implementation, product configuration, and conversions. Revealing opportunities and potential challenges of a platform built from scratch in a cloud-native environment, this report offers helpful insights to life and annuity companies contemplating a modernization journey.

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