The Modern Policy Administration System Built for Change

Policy Administration Systems were originally designed to deliver stability and consistency. Today insurers expect much more. The core must enable agility faster product launches and continuous change without disrupting live operations. This shift is fundamentally redefining what a modern insurance core is expected to deliver.

When the Core Holds the Business Back

Traditional PAS platforms were designed for predictability, not continuous change. Over time, this design creates structural constraints that slow the organization.

• Change cycles remain slow and heavily code driven
• Routine updates continue to require significant IT involvement
• Maintenance costs increase alongside operational risk
• Visibility across the policy lifecycle stays fragmented

As a result, the core shifts from enabling growth to actively limiting it.

What a Modern PAS Enables

A next generation Policy Administration System goes beyond administration. It orchestrates connected insurance journeys across product configuration, underwriting, policy servicing and integrations within a unified framework.

With low code at the core business teams can configure and adapt processes quickly while maintaining governance and control. Transformation shifts from large one time programs to continuous evolution built into everyday operations.

Modernization Without Disruption

A low code foundation allows insurers to launch and modify products faster respond confidently to regulatory change and reduce long term IT overhead while keeping systems stable compliant and resilient.

Building the Future Core with Newgen

Newgen’s intelligent Policy Administration System enables insurers to modernize with confidence by combining low code agility intelligent rules and enterprise grade governance across the policy lifecycle.

The result is a policy core designed not just to support change but to evolve with it.