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Reasons to Purchase *Validate your marketing messaging and positioning in the insurance industry *Compare insurance IT purchasing plans across geographies *Identify

June 15, 2010 Health No Comments

Reasons to Purchase *Validate your marketing messaging and positioning in the insurance industry *Compare insurance IT purchasing plans across geographies *Identify emerging areas of concern for insurers. BPO is the least utilized sourcing option, even though BPOhas gained momentum since the last Datamonitor survey. Thisshould reverse in 2010, but spending will still be relatively weak IT budgetsin Asia Pacific will be stable from 2009 to 2010 Internal spend has fallen from previous years. In Datamonitor’s 2008 survey,internal spend accounted for 43% and 42% of life and non-life spend,respectively.

This year’s survey revealed that internal spend fell below 40% atboth life and non-life insurers. Specialist outsourcers and technology vendorstook a larger share of wallet in 2009. Overall, application-based outsourcing is more widely deployed thaninfrastructure-based. *Respondents included IT decision-makers such as CIOs and CTOs.

Highlights In North America and Europe, budget decreases outpaced increases in 2009. NEW YORK–(Business Wire)–Reportlinker announces that a new market research report is available in itscatalogue. Reportlinker Adds Business Trends: Global Insurance Technology Trends, 2009(Customer Focus) http://(Customer-Focus).htmlIntroduction This report is the result of Datamonitor’s annual global survey of 200 decisionmakers within insurance companies Scope *In-depth interviews with 200 insurance companies. *Geographic scope covers Asia Pacific, Europe and North America 17 countries intotal *Life, non-life and multi-line carriers are represented. (Reuters) – Manchester United have accepted a world record bid of 80 million pounds ($131.7 million) from Real Madrid for Portuguese winger Cristiano Ronaldo, the English champions said on Thursday.

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