Asia/Pacific Insurance 2010 Top 10 Predictions: Prescriptions for the Upturn

IDC
December 7, 2009
32 Pages - SKU: IDC2522780
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Countries covered: Asia

This Financial Insights report presents our predictions on 10 key areas that will be critical strategic differentiators for the Asia/Pacific insurance industry in 2010. The document incorporates information and perspectives gleaned from interactions with insurers and technology vendors across this region, supplemented with our extensive industry knowledge.

Besides providing insurers with an indication on what fellow peers are focusing resources on to revolutionize their business strategies and architecture, this document also guides vendors with a clearer comprehension of how best to position their offerings to complement insurers' organizational priorities.

"Priorities this year are around managing the agency distribution network and leveraging off various channel capabilities such as bancassurance and Web portal to cater to divergent buying preferences of policyholders," comments Li-May Chew, CFA, senior research manager for Financial Insights' Asia/Pacific Insurance Advisory Service. "Meanwhile, there will be an ongoing focus on data management to transform disparate data into actionable information, and the application of analytic technologies to gain insights into consumers' behavior and tailor make better customer experiences."


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