Insurance technology spending in Japan to 2013

Datamonitor
July 2, 2009
SKU: DFMN2505902
License type:
Countries covered: Japan

Introduction

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

Scope
  • Provides a breakdown of technology spending in Japan 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 Japan, accounting for 23.6%, with a spend of $1,280.2m in 2007. Claims processing followed, with a spend of $917.4m, accounting for 16.9% of the total insurance technology spend in 2007.

Technology spending within the life insurance business line in Japan was valued at $2,928.2m in 2007, declining at a negative CAGR of 2.8% between 2005 and 2007. Policy administration led the life insurance technology spending in Japan, accounting for 27.4%, with a spend of $801m in 2007.Reasons to Purchase
  • Develop business strategies from spending pattern analysis within the insurance industry in Japan
  • 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 Japan


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