Business Strategy: State of the U.S. Insurance Industry Mid-2011

This IDC Financial Insights study provides a snapshot of the U.S. insurance industry on mid-2011 with an overview of the financial health of the U.S. insurance industry, including leading insurance companies in the United States and globally. This study also serves to provide a breakdown and definitions of the insurance segments and the types of carriers serving these segments. The study concludes with a discussion on the challenges and opportunities insurers face in creating business value for customers and shareholders.

"In this prolonged economic downturn, insurers must have laser focus on three key themes — cost cutting, business process improvement, and growing the business," states Karen Massey, senior analyst, IDC Financial Insights. "To this end, we see leading insurers targeting IT initiatives in mobility, predictive modeling, IT simplification, and bettering the multichannel experience."