Many life and health insurers bought document management systems in 2008, according to Celent L.L.C.
The number of major life and health deals announced by software vendors rose to 255 in 2008, up 13% from 225 in 2007, Craig Weber, a senior vice president at Celent, Boston, writes in an insurance software deal review.
The number of deals involving document and content management systems increased to 154, up 23% from 125, while the number of deals involving core processing systems fell 23%, to 23, from 30, Weber writes.
In other insurance technology news:
- Blue Cross and Blue Shield of Kansas City, Kansas City, Mo., has agreed to use the Alineo 2.0 health care management system from MEDecision Inc., Wayne, Pa.
Kansas City Blue will use the system, which is designed to connect with other medical management systems, to run wellness and care management programs.
- Medica Health Plans, Minnetonka, Minn., is using the Cincom Eloquence document management system from Cincom Systems Inc., Cincinnati.