Insurance technology spending in Thailand to 2013

Datamonitor
July 2, 2009
SKU: DFMN2505929
License type:
Countries covered: Thailand

Introduction

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

Scope
  • Provides a breakdown of technology spending in Thailand 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 Thailand, accounting for 22.9%, with a spend of $43.6m in 2007. Claims processing followed, with a spend of $33.1m, accounting for 17.3% of the total insurance technology spend in 2007.

Technology spending within the life insurance business line in Thailand was valued at $81.4m in 2007, growing at a CAGR of 13.5% between 2005 and 2007. Policy administration led the life insurance technology spending in Thailand, accounting for 27.5%, with a spend of $22.4m in 2007.Reasons to Purchase
  • Develop business strategies from spending pattern analysis within the insurance industry in Thailand
  • 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 Thailand


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