Insurance Industry Technology Spending Forecast in India to 2014

Introduction

This databook provides comprehensive and up-to-date information on technology spending within the insurance industry in India, across a range of sources and locations.

Scope

• Provides a breakdown of technology spending in India insurance industry by function
• Assesses the revenue opportunities within the front office, middle office and back office
• The report also provides a breakdown of two business lines, 13 business functions and three business locations within the insurance industry

Highlights

Policy administration led the insurance technology spending in India in 2008, accounting for 21%. Insurance technology spending in India is forecast to grow at a CAGR of 13.8% over the period 2009-14.

Life insurance technology spending in India is forecast to grow at a CAGR of 14.2% over the period 2009-14. Non-life insurance technology spending in India is forecast to grow at a CAGR of 11.9% over the period 2009-14.

Reasons to Purchase

• Develop business strategies from spending pattern analysis within the insurance industry in India
• Design effective marketing and sales strategies by identifying key and fast growth segments within the insurance industry
• Make informed business decisions through an understanding of the overall spending trends within the insurance industry in India