Oracle Reviews, Ratings & Features 2026 | Gartner Peer Insights

life insurance policy administration system (PAS) is a software that enables insurers to manage a range of group or individual life, annuity and pension products. A PAS supports the entire life insurance value chain, from product and business configuration through new business processing, policy issuance, ongoing policy administration and claims. A life insurance PAS consists of a set of core and noncore components.
Depending on the vendor, PAS core and noncore modules can be purchased or implemented separately or as a suite of tightly coupled modules. Depending on the PAS’s architecture, integration methods and flexibility will vary — for example, monolithic applications versus API-enabled service-oriented architecture (SOA). In addition, a PAS integrates with other information systems, such as general ledgers, CRM, payment gateways, data lakes and third-party data sources. Insurance CIOs must determine if a vendor’s solution architecture is compatible with the insurance company’s technology strategy.

Active

Find the top Life Policy Administration Systems, Americas with Gartner. Compare and filter by verified product reviews and choose the software that’s right for your organization.

Life Policy Administration Systems, Americas

Oracle Insurance Policy Administration for Life and Annuity

Oracle

Digital Transformation Manager

The Oracle Insurance and Policy Administration (OIPA) platform provides a rich set of functionalities and capabilities for the automation of the individual life insurance and annuity business. The Equisoft partners provide high quality project and support services for the platform. The Equisoft team members have very strong insurance industry experts who are flexible and very responsive to changing business needs and issues.

30B + USD

500M - 1B USD

<50M USD

50M - 250M USD

3B - 10B USD

Enterprise Architect

Vendor had limited permanent staff at expert level
Vendor had high reliance on Oracle Experts but with limited budget
Vendor did not have adequate library of industry processes, functions, procedures, etc

Senior Underwriter

My overall experience with OIPA has been positive as it offers robust capabilities for managing complex life insurance and annuity products with a high degree of flexibility and automation.

DXC Technology

Accenture

Other...

FAST

FAST Technology

Infosys

Concentrix

InsPro Technologies

Mphasis (Wyde)

Sapiens International

Vitech

Infosys McCamish

Actuarial Perspective

Oracle is a cloud technology company that offers computing infrastructure and software solutions globally. This organization has developed an autonomous database, the first of its kind, to help manage and secure data. Oracle Cloud Infrastructure presents functionalities to facilitate the transition of workloads from on-site systems to the cloud, and vice versa, as well as between different clouds. Oracle's cloud software applications provide modern tools designed to support sustainable growth and resilience in businesses. Tools developed by Oracle are used by a wide range of users including nonprofit organizations and businesses of various sizes, to aid in operations like supply chain streamlining, human resource management, financial planning and connecting data and global users. Apart from business solutions, Oracle's technology also aids in tasks ranging from government defense to scientific and medical research.

We’re a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organize and secure our customers’ data.
 
Oracle Cloud Infrastructure offers higher performance, security, and cost savings. It is designed so businesses can move workloads easily from on-premises systems to the cloud, and between cloud and on-premises and other clouds. Oracle Cloud applications provide business leaders with modern applications that help them innovate, attain sustainable growth, and become more resilient. 
 
The work we do is not only transforming the world of business--it's helping defend governments, and advance scientific and medical research. From nonprofits to companies of all sizes, millions of people use our tools to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world.  

At work, we embrace diversity, encourage personal and professional growth, and celebrate a global team of passionate people developing innovative technologies that help people and companies tackle real-world problems head-on.

If you’d like to join us, please visit our Careers page: https://www.oracle.com/corporate/careers/

For investor news, SEC filings, and financial information about Oracle (NYSE:ORCL), please visit https://investor.oracle.com/home/.
 
Follow us on Twitter: https://twitter.com/oracle 
Like our page on Facebook: https://www.facebook.com/Oracle/ 
Follow us on Instagram: https://www.instagram.com/oracle/


Reviews

Ratings Overview

Overall experience with

Favorable Review

Navigating the Configuration Complexity of OIPA for Insurance Products

Critical Review

Implementation challenging due to low expertise implementation partner

Likes and dislikes about

likes

dislikes