India ICT Insurance Industry Discussed in New Netscribes Report Published at MarketPublishers.com

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New research report “ICT in Insurance Industry in India 2012” drawn up by Netscribes has been recently published by Market Publishers Ltd. According to the report, ICT spending by insurers in India is anticipated to grow from last year’s INR 76.17 billion with a CAGR of around 14% through 2015.

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Due to the ongoing growth in customer base and daily transactions, information and communications technologies (ICT) adoption in India’s insurance industry is seeing an impressive growth rate and is expected to keep this up in the coming years. ICT spending by insurers in India is anticipated to grow from last year’s INR 76.17 billion with a CAGR of around 14% through 2015.

New research report “ICT in Insurance Industry in India 2012” drawn up by Netscribes has been recently published by Market Publishers Ltd.

Report Details:

Title: ICT in Insurance Industry in India 2012
Published: February, 2012
Pages: 392
Price: US$ 2,000
http://marketpublishers.com/report/business_finance_insurance/insurance/ict_in_insurance_industry_in_india_2012.html

The study starts with a brief overview of the Indian insurance industry, highlighting its operational model as well as primary drivers and challenges. Moving along, the report features the ICT in the country’s insurance sector, detailing the growth rate and IT expenses of insurers in terms of hardware, software and services; key technologies adopted; government initiatives pertaining to technology. Furthermore, the study reveals major market drivers and challenges, provides detailed profiles of key ICT vendors including SWOT analysis of individual companies, features key trends and developments in the sector, discusses the IT infrastructure of all insurance companies operating in India, as well as offers strategic recommendations.

Report Contents:

Page 1: Executive summary

Insurance Industry - Snapshot

Page 2: Indian Insurers – History
Page 3: Insurance Industry – Snapshot (India), Registered Insurers – India (2011), Life and Non-Life Insurance Market Share (2009-10 & 2010-11)
Page 4: Insurance Industry Hierarchy – Illustration
Page 5: Insurance Industry – Drivers
Page 6: Insurance Industry - Challenges

ICT in Insurance - Overview

Page 7: ICT in Insurance – Overview, IT Adoption Phases – Insurers
Page 8: ICT Spending – Indian Insurance Industry, Analysis of ICT Spending – Indian Insurance Spending
Page 9: IT Expenditure Segmentation – Insurance, Hardware, Software and Service
Page 10: Hardware Expenditure – Segmentation (2009, 2010, 2011, 2012e, 2013e, 2014e, 2015e & 2020e)
Page 11: Software Expenditure – Segmentation (2009, 2010, 2011, 2012e, 2013e, 2014e, 2015e & 2020e)
Page 12: Service Expenditure – Segmentation (2009, 2010, 2011, 2012e, 2013e, 2014e, 2015e & 2020e)

Key Technologies Adopted

Page 13: Web Based Portals, Mobile Applications
Page 14: Illustration – Web Based Portal Basic Service Areas
Page 15: Illustration – Mobile Applications Basic Framework
Page 16: Business Intelligence, Customer Relationship Management
Page 17: Illustration – Typical Architectural Model of Business Intelligence
Page 18: Illustration – Basic CRM Framework

Government Initiatives

Page 19: Government Initiatives – Selling of High Value ULIPs via Telemarketing Forbidden and Setting up Integrated Grievances Management System (IGMS)

Drivers and Challenges

Page 20: Summary
Page 21-24: Drivers
Page 25: Challenges

Trends in Insurance Industry

Page 26: ICT Insurance Industry – Trends, SOA, Cloud Computing and Web 2.0

SOA

Page 27-28: SOA – Insurance Industry, How it works, An Example, Basic Benefits and Some Drawbacks

Cloud Computing

Page 29: Cloud Computing – Insurance Industry
Page 30: Illustration – A Typical Model of Cloud Model - Insurance

Web 2.0

Page 31: Web 2.0 – Insurance Industry
Page 32: Facebook, Twitter and Linkedin, Statistics and Analysis

Key ICT Vendors

Page 33: Major Public Companies – Summary
...

More new market research reports by the publisher can be found at Netscribes page.

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Tanya Rezler
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