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U.S. Insurance 2008 Go-to-Market Strategy Guide

IDC
March 6, 2008
24 Pages - SKU: IDC1801029

Abstract Table of Contents Search inside this report Related Reports

Countries covered: United States

This Financial Insights report presents a comprehensive view of the IT trends, challenges, and opportunities that will shape the U.S. insurance industry in 2008. From reporting on the general health of the industry, zeroing in on the fastest-growing geographic segments and top technology buyers, to key IT budget and industry metrics, this guide provides both insurance companies and technology companies supporting the insurance industry with a bird's-eye view of everything needed to build a go-to-market plan for the coming year.

"Insurers are facing new risks and pressures at every turn: producers are demanding easier ways to work with the firm, policyholders are expecting products and services that fulfill their mortality and morbidity requirements in ways they can understand and afford, and regulators are demanding significantly more transparency and capital adequacy. Regardless of these pressures, insurers will win not on their cost improvement capabilities but instead on their ability to provide world-class service and innovative products and services." ? Barry Rabkin, senior research analyst, Insurance, Financial Insights

Table of Contents
Financial Insights Opinion
In This Report
Situation Overview
Industry Health and Outlook for 2008
Industry Shape and Size
Figure: U.S. IT Spending Opportunity by Industry
Industry Indicators and Key Business Metrics
Future Outlook
Business Initiatives That Will Drive IT Investments in 2008
Table: Top 10 Strategic Initiatives for the Global Insurance Industry for 2008
Figure: U.S. Insurance Industry Top Critical Business Initiatives, 2007
2008 Predictions
2008 IT Investment Priorities for the Insurance Industry
Table: North America Insurance Industry IT Spending by Subindustry, 2007 and 2008 ($M)
Figure: North America Insurance Industry IT Budget Share by Segment, 2008
2008 Software Investment Priorities for the Insurance Industry
Table: North America Insurance Industry Software Spending by Subindustry, 2007 and 2008 ($M)
Figure: U.S. Insurance Industry Top Application Investment Plans, 2008
Figure: U.S. Insurance Industry Top Insurance Application Investment Plans, 2008
Figure: U.S. Insurance Industry Emerging Software Technology Investment Plans, 2008
2008 Infrastructure Investment Priorities for the Insurance Industry
Table: North America Insurance Industry Hardware Spending by Subindustry, 2007 and 2008 ($M)
Table: U.S. Insurance Industry Storage Systems Spending by Environment, 2007 and 2008 ($M)
Figure: U.S. Insurance Industry Storage Capacity by Subindustry, 2007
Table: U.S. Insurance Industry Server Spending by Platform, 2007 and 2008 ($M)
2008 Communications Investment Priorities for the Insurance Industry
Figure: U.S. Insurance Industry Communications Technology Investment Plans, 2008
2008 Services Investment Priorities for the Insurance Industry
Table: North America Insurance Industry Services Spending by Subindustry, 2007 and 2008 ($M)
Figure: U.S. Insurance Industry Business Process Outsourcing Investment Plans, 2008
Figure: U.S. Insurance Industry Sourcing Preferences for Business Process Outsourcing
Essential Guidance
Going to Market in the Insurance Industry
Table: U.S. Insurance Industry IT Spending for the Top 5 Vendors, 2008
Figure: U.S. Insurance Industry IT Spending Growth for the Top 5 Vendors, 2008
Competing Effectively in the Insurance Industry
Table: Worldwide Revenue for the Top 5 IT Vendors, 2006
Table: Worldwide Revenue for the Top 5 Software Vendors, 2006
Table: U.S. Revenue for the Top 5 Services Vendors, 2006
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Synopsis

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