Insurance

Understanding How Financial Services Firms Manage Tech Buying In A Downturn
by Ellen Carney, July 3, 2008
The North American financial services industry — which includes banking, insurance, and capital markets — spends a lot on technology. But with the big downturn in financial services fortunes, many technology providers face longer decision cycles, some . . .
For Technology Product Management & Marketing Professionals
Taking Industry Vertical Marketing To The Web
Lessons From 100 Site Visits And One Excellent Example
by Ellen Carney, November 5, 2007
IT buyers rate vendor Web sites as one of the most important information sources they use when researching technology purchases. Vendors, too, are increasingly trumpeting industry solutions on their sites. But the great irony is that despite the seeming . . .
For Technology Product Management & Marketing Professionals
Industry Essential: The US Insurance Market
by Ellen Carney, Marc Cecere, August 10, 2007
The US insurance industry is the fifth largest industry sector in the country. The industry generated almost $1.4 trillion in revenues in 2002, yet, on average, it earns less than a penny for every premium dollar received. Insurance is regulated at the . . .
For CIOs
Industry IT Spending Profile 2007: Insurance
by Marc Cecere, May 3, 2007
With the 2007 business environment for North American insurance carriers looking relatively good for the second year in a row, insurance carriers have become slightly more generous in their IT spending. We anticipate that IT spending in 2007 in the insurance . . .
For Technology Product Management & Marketing Professionals
Asia Pacific SOA Industry Adoption Trends
Public Sector And Finance Will Drive SOA Spend
by Tim Sheedy, April 2, 2007
Service-oriented architecture (SOA) is capturing the imagination of many businesses in the Asia Pacific (AP) region as they look to enhance their IT agility, integrate with partners, and drive down costs within their IT infrastructure. IT vendors are . . .
Process-Oriented Insurance Will Drive BPO
by Marc Cecere, August 23, 2006
Insurance companies will gradually move away from geographic and product silos, focusing more on cross-domain business processes. To do this, they will identify processes that can be implemented with common systems and configured for local needs. This . . .
Industry IT Spending Profile 2006: Insurance
by Marc Cecere, Andrew Bartels, April 5, 2006
Given the overall business environment, we expect that IT spending in the insurance industry will increase by more than 6% this year. The primary priorities for these IT budgets are the needs to reduce costs, comply with government regulations, and upgrade . . .