Tier 4 Carriers and MGAs Sustain Momentum in Core Modernization

Tom Benton // September 5, 2025

(Image credit: Pexels/Pixabay.)

The market for core insurance systems is stabilizing after several years of strong activity, according to reports recently published by ReSource Pro (New York). The two Core Systems Purchasing Trends reports—one focused on carriers and the other on the MGA market—provide insights from ReSource Pro’s annual research on new core system deals in North America for 2024. The study found that modernization demand continues even as total activity has declined this past year.

The reports document 99 new core system deals in 2024, down from 112 the prior year. While volume

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