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Insurance technology spending in Mexico to 2013


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IntroductionThis databook provides comprehensive and up-to-date information on technology spending within the insurance industry in Mexico.Scope*Provides a breakdown of technology spending in Mexico 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 industryHighlightsPolicy administration led the insurance technology spending in Mexico, accounting for 21.7%, with a spend of $92.9m in 2007. Claims processing followed, with a spend of $76.3m, accounting for 17.8% of the total insurance technology spend in 2007.Technology spending within the life insurance business line in Mexico was valued at $145.4m in 2007, growing at a CAGR of 13.7% between 2005 and 2007. Policy administration led the life insurance technology spending in Mexico, accounting for 27%, with a spend of $39.3m in 2007.Reasons to Purchase*Develop business strategies from spending pattern analysis within the insurance industry in Mexico*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 Mexico

Published in: Economy & Finance, Business
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