IT Spending Priorities in Global Insurance: 2007 Business Trends Survey (Customer Focus)

Datamonitor
September 28, 2007
41 Pages - SKU: DFMN1727994
License type:
Countries covered: Global

Introduction

The insurance sector continues to outperform expectations although headwinds remain. The need for operational efficiency underpins IT budget growth, while demand grows for replacement projects and improvements to business processing. This report covers tech. trends across insurance, including predominant technology investment strategies, as measured by our latest primary research.

Scope

IT Budgets and technology drivers and strategies Recent trends in insurance business operations, including claims, policy administration, distribution and outsourcing Life, Non-life and Multi-line carriers represented Geographic scope covers Asia-Pacific, Europe and North America, including 20 countries

Highlights

Results reflect a growing emphasis on IT in general, as strong 5-year results underpin more long-term project work (legacy replacement ) and compliance requirements Europe and Asia Pacific insurers have greater acceptance of packaged software Insurers continue to see value in "owning" many elements of the claims process overlay of ECM/BPM can allow them to maintain legacy investment

Reasons to Purchase

Business trends surveys briefings, enable our clients to access latest primary research and comprehensive understanding of IT and business trends.

PLEASE NOTE: this is delivered as a Power Point Presentation.


More Global IT Spending Reports

Worldwide Small and Medium-Sized Business 2012–2016 Forecast: IT Spending Changes by Size Category and Region for Hardware, Software, and Services by IDC
This IDC study examines the global small and medium-sized business (SMB) market for advanced technology products and services. Total IT spending is presented for 2012–2016, ...

Worldwide SMB 2012 Predictions: Shifting Priorities, Opportunities, and Challenges as SMB Spending Exceeds $500 Billion by IDC
This IDC Insight supplements the IDC 2012 SMB predictions Webcast of January 2012. It examines expected changes in the SMB IT market overall, with additional ...

Worldwide Consolidation - Market Figures - Vertical Sectors - 2009-2015 by Pierre Audoin Consultants (PAC)
Figures cover a seven-year time frame (results from the past two years and forecasts for the next four years). Figures include both volume and compound ...

Growing Interest in Using Online Resources and Advanced Productivity Tools in Worldwide Small and Midsize Businesses, Particularly in Developing Countries by IDC
This IDC Insight examines the changing IT spending priorities of small and midsize businesses and compares different sized firms in developed and developing regions. Based ...

Worldwide CIO Agenda 2012 Top 10 Predictions by IDC
This IDC study provides the strategic context of how the four pillars of industry transformation will be adopted by CIOs to transform their enterprises and ...

See all reports like this >>