IntroductionAnalysis of themes driving core research for Datamonitor's insurance technology research stream in 2007ScopeFocuses on the North American, European and Asia Pacific insurance technology markets Focuses on the Life and Non-life insurance segments Explores how business trends and institution strategies across this industry are driving IT priorities, decision making and technology investmentHighlightsIndustry concentration will continue, particularly in the European life and US non-life segments, gradually resulting in a less fragmented industry.
Larger insurers tend to be both better capitalized and in need of integration, and these firms will increasingly make architecture integration the cornerstone of their technology investment.
Insurers are beginning to realize that a move toward an enterprise view of data is essential for enabling cross-segment (E.g.
policy administration, product development, customer service) efficiency.
Investment in enterprise data initiatives is expected to rise in 2007, following, and mirroring, the investment in application integration the insurance industry has undertaken in earnest in the past several years.Reasons to PurchaseThis brief is essential reading for you to identify and track the key forces shaping the prospects for your business.
Datamonitor's lead analyst will outline the trends in your market, explain how this has shaped our research agenda for 2007