Home > Back to Publisher > Report Information

Insurance technology spending in Canada to 2013

Datamonitor
September 1, 2009
32 Pages - SKU: DFMN2429447

Abstract Table of Contents Search inside this report Related Reports

Countries covered: Canada

Introduction

This databook provides comprehensive and up-to-date information on technology spending within the insurance industry in Canada.

Scope

Provides a breakdown of technology spending in Canada insurance industry by function
Assesses the revenue opportunities within the front office, middle office and back office
The report also provides a breakdown of two business lines, 13 business functions and three business locations within the insurance industry

Highlights

Policy administration led the insurance technology spending in Canada, accounting for 20.8%, with a spend of $469.8m in 2007. Claims processing followed, with a spend of $416.6m, accounting for 18.4% of the total insurance technology spend in 2007.

Technology spending within the life insurance business line in Canada was valued at $929.8m in 2007, growing at a CAGR of 8% between 2005 and 2007. Policy administration led the life insurance technology spending in Canada, accounting for 25.9%, with a spend of $240.8m in 2007.

Reasons to Purchase

Develop business strategies from spending pattern analysis within the insurance industry in Canada
Design effective marketing and sales strategies by identifying key and fast growth segments within the insurance industry
Make informed business decisions through an understanding of the overall spending trends within the insurance industry in Canada

OVERVIEW: Catalyst; Summary
INTRODUCTION: Reasons to purchase; INSURANCE TECHNOLOGY SPENDING; Spend by business functions; Technology spend by location; LIFE INSURANCE TECHNOLOGY SPENDING; Spend by business function; Spending by location; NON-LIFE INSURANCE TECHNOLOGY SPENDING; Spending by business function; Spending by location
APPENDIX: Further reading; How to contact experts in your industry; Disclaimer
LIST OF FIGURES: Figure 1: Insurance industry, Canada, technology spend by function ($m), 2007; Figure 2: Insurance industry, Canada, technology spend by function ($m), 2008-13; Figure 3: Insurance industry, Canada, technology spend by location ($m), 2007; Figure 4: Insurance industry, Canada, technology spend by location ($m), 2008-13; Figure 5: Life insurance, Canada, technology spend by function ($m), 2007; Figure 6: Life insurance, Canada, technology spending by function ($m), 2008-13; Figure 7: Life insurance, Canada, technology spending by location ($m), 2007; Figure 8: Life insurance, Canada, technology spending by location ($m), 2008-13; Figure 9: Non-life insurance, Canada, technology spending by function ($m), 2007; Figure 10: Non-life insurance, Canada, technology spending by function ($m), 2008-13; Figure 11: Non-life insurance, Canada, technology spending by location ($m), 2007; Figure 12: Non-life insurance, Canada, technology spending by location ($m), 2008-13
LIST OF TABLES: Table 1: Insurance business functions definitions; Table 2: Insurance lines of business definitions; Table 3: Insurance location definitions; Table 4: Insurance industry, Canada, technology spend by function ($m), 2005-07; Table 5: Insurance industry, Canada, technology spending by function ($m), 2008-13; Table 6: Insurance industry, Canada, technology spending by location ($m), 2005-07; Table 7: Insurance industry, Canada, technology spending by location ($m), 2008-13; Table 8: Life insurance, Canada, technology spending by function ($m), 2005-07; Table 9: Life insurance, Canada, technology spending by function ($m), 2008-13; Table 10: Life insurance, Canada, technology spending by location ($m), 2005-07; Table 11: Life insurance, Canada, technology spending by location ($m), 2008-13; Table 12: Non-life insurance, Canada, technology spending by function ($m), 2005-07; Table 13: Non-life insurance, Canada, technology spending by function ($m), 2008-13; Table 14: Non-life insurance, Canada, technology spending by location ($m), 2005-07; Table 15: Non-life insurance, Canada, technology spending by location ($m), 2008-13

More Canada Technology Reports

Business Strategy: Trends in Canadian Insurance by IDC
This IDC Financial Insights report discusses the results of the Canadian Financial Services S urvey of Canadian L&H and P&C insurers that focused on 2010 technology ...

Canada’s Life Insurance Industry - Porter’s Five Forces Strategy Analysis by Aruvian's R'search
The life and health insurance industry plays a significant role in the lives of Canadians by providing insurance against unexpected events and helping individuals plan ...

Insurance Industry Technology Spending Forecast in Canada to 2014 by Datamonitor
Introduction This databook provides comprehensive and up-to-date information on technology spending within the insurance industry in Canada, across a range of sources and locations. Scope Provides a breakdown ...

Business Strategy: Current Trends in Canadian Insurance Technology Investments by IDC
This Financial Insights report discusses the results of a survey of Canadian L&H and P&C insurers that focused on 2009 technology investments and planned 2010 ...

Top 10 Companies in Canada Insurance Industry: IT Spending Predictor 2009 by Datamonitor
Introduction This databook provides insight into the top 10 companies in Canada insurance industry in terms of their estimated IT spend. Scope Datamonitor’s view of the top 10 ...

See all reports like this >>

More Canada Reports

D&B Country RiskLine Report: Canada by Dun & Bradstreet Inc.
This D&B Country RiskLine Report will help you analyze the risks, opportunities and likely payment delays when doing business in this country. It includes ...

D&B Country Report: Canada by Dun & Bradstreet Inc.
D&B Country Report. Comprehensive information for evaluating risks and opportunities when trading or investing in this country. Providing critical information and analysis on ...

Canada: Country Profile by MarketLine
INTRODUCTION This report provides a detailed analysis on Canada, providing an overview of its political, economic and business environment, represented both textually and in graph and ...

2007 Canada Industry & Market Outlook report by Barnes Reports
The 2007 Canada Industry & Market Outlook report is the leading annual publication that describes over 100 major industries in Canada and 500+ minor industries ...

The 2005 Canada Economic and Product Market Databook by Icon Group International, Inc.
Market Potential Estimation Methodology Overview This study covers the outlook products in Canada. For the year reported, estimates are given for the latent demand, or ...

See all reports like this >>

Insurance technology spending in Canada to 2013

Share this report

Other tasks

Research Assistance

Related Markets

Technology Reports

Free Alert Me service