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Insurance technology spending in Hong Kong to 2013
Datamonitor, July 2009, Pages: 32
This databook provides comprehensive and up-to-date information on technology spending within the insurance industry in Hong Kong.
Scope
- Provides a breakdown of technology spending in Hong Kong 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 industry
Highlights of this title
Policy administration led the insurance technology spending in Hong Kong, accounting for 27.7%, with a spend of $101.6m in 2007. Claims processing followed, with a spend of $56.7m, accounting for 15.5% of the total insurance technology spend in 2007.
Technology spending within the life insurance business line in Hong Kong was valued at $301.9m in 2007, growing at a CAGR of 9% between 2005 and 2007. Policy administration led the life insurance technology spending in Hong Kong, accounting for 29.1%, with a spend of $87.9m in 2007.
Key reasons to purchase this title
- Develop business strategies from spending pattern analysis within the insurance industry in Hong Kong
- 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 Hong Kong
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