Policy admin evolution: No-code eased the build

For the better part of a decade, no-code/low-code (NCLC) has been the promise that sold policy administration systems (PAS) to insurers across Europe and the UK. The pitch was compelling: drag a rule here, drop a workflow there, launch a simple product by Friday without writing a single line of code. It gave business teams the power to move without waiting for IT. For many insurers, particularly large insurers running complex operations, it worked.  However, the landscape shifted. AI can now generate, explain, test and modify production-ready code in seconds. That doesn't make NCLC obsol...