Beyond PAS: Why Multi PAS Platforms Are the Future of Life & Annuity Insurance

The insurance technology landscape is undergoing a decisive shift as life and annuity carriers confront growing operational complexity, legacy silos, and mounting pressure to accelerate product delivery. Today, they are moving beyond traditional policy administration systems (PAS) toward comprehensive, ecosystem‑wide platforms. In a recent Market Navigator report, Datos Insights identifies the major forces driving this evolution and outlines key challenges shaping how insurers should plan their modernization strategies. Together, these trends point to a future where platforms provide end-to-end digital enablement, multi-PAS orchestration, and enterprise-level intelligence.

Insurers increasingly require solutions that span the full insurance lifecycle—product development, customer and advisor experiences, core insurance operations, analytics and distribution—rather than isolated policy administration components. Datos Insights notes that carriers are prioritizing platforms capable of eliminating silos and supporting multi‑PAS environments.

What the Ideal Future Platform Looks Like

Datos Insights outlines an emerging model for the next generation of insurance platforms:

• End-to-end enterprise coverage across customer, advisor, and carrier experiences
• Composable, cloud-native, API-first architecture integrating both modern and legacy systems
• Multi-PAS orchestration capabilities to support block analysis and phased modernization.
• AI-enabled automation embedded across underwriting, service, workflow, and analytics
• Pre-integrated components to accelerate implementation and product delivery
• Flexible ecosystem connectivity supporting distribution partners and third-party services

Datos Insights’ analysis shows that the industry is moving from PAS replacement to platform-enabled enterprise transformation. The winners will be those who embrace holistic, intelligent, composable platforms that provide end-to-end value, reduce operational friction, and support continuous evolution.

To learn more about how Datos Insights views the future of Life/Annuity/Benefits Platform Solutions, and to see how DXC’s Assure Life+ can help you move beyond the limitations of traditional PAS systems, please read the report.