Worldwide Insurance Strategies
The global insurance industry is facing a difficult environment, undermined by challenging economic landscapes. While premiums in emerging markets and newly industrialized Asian countries are expanding at a fairly robust and resilient pace, sluggish performance is expected in the US, Western Europe, and other advanced markets. Insurers thus need to derive growth through business model improvements, even as they come under scrutiny to cope with evolving and highly competitive environments fraught with unpredictability, increasingly stringent regulatory and compliance requirements, and heighten cost pressures. This would require carriers to enhance operational flexibility and embrace strategies around streamlining processes, be innovative in product development and pricing, better engage policyholders, improve speed to market to stay competitive and adaptable, and adopt a more disciplined approached to risk management. With technology being pivotal to all these strategies, insurers' IT divisions need to continually infuse their IT policies with business goals. This is in addition to being tasked with handling technology change management, and enabling business innovation through technology pillars such as cloud computing, mobility strategies, and social media developments.
The Worldwide Insurance Strategies advisory service provides clients with guidance on the strategic implications and offers timely and actionable information on the impact of current and emerging technologies on the life and annuity and the property/casualty insurance markets as well as analysis on a firm's position within the industry. Our research advisory service provides ongoing research reports, analyst access, and admission to content-rich conferences and Webcasts.
Market Segments and Subjects Analyzed
Key Questions Answered
Who Should Subscribe
The Worldwide Insurance Strategies advisory service provides executives and business managers within insurance carriers and diversified financial institutions as well as technology product managers, marketers, and consultancies that support the industry with strategic advice and timely data. Our ongoing and continual interaction with our clients assists them to make better informed decisions and improve their competitiveness and operations.
Return on Research InvestmentCore Benefits:
Standard Subscription Deliverables
IDC Financial Insights values building client relationships and strives to foster a partnership with each client through continuous analyst interaction; timely delivery of current, concise, and relevant research; as well as custom research when needed. Each advisory service delivers strategic research covering business and technology issues. A summary of the basic service deliverables available to subscribers includes the following:
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Related offerings to our industry-specific research practices include IT Spending Guides — segmented regional and country-level analysis by solution area; Go-to-Market Services (GMS) — a modular set of deliverables to assist clients in extending their market reach, validating their market strategy, and producing more responsive customer-centric marketing campaigns; and IDC Advisory Tools — a growing set of solutions designed to ensure clients that technology purchasing and deployment decisions are optimized. In addition, IDC Financial Insights experts are available for individualized consulting engagements to address specific challenges or to customize the results of our syndicated research offerings.