Industry Essential: The US Insurance Market
August 10, 2007
Why Read This Report
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 federal and state level, and the need to comply with 51 regulatory bodies drives a number of IT solution considerations. What do you need to know when selling technology goods and services into the US insurance market? This market overview describes the structure of the US insurance industry, its business and technology trends, industry leaders, strategic technology suppliers, and technology investment forecasts. It addresses the property and casualty, life and annuities, and reinsurance segments. Health insurance will be treated in a separate document.
Already a Client?
Log in to read this document.
Become a Forrester Client
Customers are the new market-makers, reshaping industries and changing how businesses compete and win. Success depends on how well and how fast you respond. Forrester Research gives you insights and frameworks aligned to your role to shorten the time between a great idea and a great outcome, helping your teams win in the age of the customer. Contact us to learn more.
This report is available for individual purchase ($2495 USD).Purchase
Also in Collection: Vertical Industry Tutorials
Industry Essential: The US Telecom Industry
February 1, 2008 | Maribel D. Lopez
Industry Essential: The US Retail Banking Market
May 19, 2008 | Ellen Carney
Table of Contents
- The Insurance Industry Moves Many Markets
- Core Applications Drive Insurers' IT Agendas
- Life And Health Insurance Make Up The Biggest Industry Revenue Chunks
- The Insurance Industry Must Evolve To Deal With Change
- Insurance Business And IT Processes Are Aligning
- Tech Marketers Need To Address Business Value In IT Solution Messaging
- More Information About The US Insurance Market
- Related Research Documents
Market Overview: Channel Data Management
August 27, 2013 | Jonathan Silber
Market Overview: Managed Service Providers, Part 2
May 6, 2013 | Jonathan Silber
Market Overview: Managed Service Providers, Part 1
May 9, 2012 | Jonathan Silber