Top Companies in the Taiwanese Insurance Industry: IT Spending Predictor 2010

Introduction

This databook provides estimates of IT spending for the top companies in the Taiwanese Insurance industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel.

Scope

-Ovum's view of the top companies in the Taiwanese Insurance sector in terms of IT spending
-A breakdown of the estimated IT budget by technology for each of the top companies
-A breakdown of the estimated IT budget by channel for each of the top companies

Highlights

The top companies in the Taiwanese insurance industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 29% of the IT budgets among these firms. This was followed by spending on hardware and software.

Among the top companies, a major portion of IT spending is allocated to external IT. Product vendor accounted for approximately 22% of the total estimated IT spending by these companies. Cathay Life Insurance Co., Ltd. remained the leading company in terms of spending on the various channels, followed by Cathay Financial Holdings Co., Ltd.

Reasons to Purchase

-Gain insight into IT budget breakdown of top companies in the Taiwanese Insurance industry and identify notable areas of allocation
-Identify organizations with top IT expenditures in your target markets
-Leverage IT spending pattern information to tailor account targeting based on company demographics

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Overview
Catalyst
Summary
Introduction
Reasons to purchase
Definitions
Taiwanese Insurance Industry: Estimated Spending on IT
Overview
Estimated spending by technology segment
Estimated IT spending by channel
Cathay Life Insurance Co., Ltd.
Budget overview
Cathay Life Insurance Co., Ltd., estimated spending on IT
Cathay Life Insurance Co., Ltd., estimated IT spending by channel
Cathay Financial Holdings Co., Ltd.
Budget overview
Cathay Financial Holdings Co., Ltd., estimated spending on IT
Cathay Financial Holdings Co., Ltd., estimated IT spending by channel
Central Reinsurance Corporation
Budget overview
Central Reinsurance Corporation, estimated spending on IT
Central Reinsurance Corporation, estimated IT spending by channel
Union Insurance Co., Ltd.
Budget overview
Union Insurance Co., Ltd., estimated spending on IT
Union Insurance Co., Ltd., estimated IT spending by channel
Chung Kuo Insurance Company Limited
Budget overview
Chung Kuo Insurance Company Limited, estimated spending on IT
Chung Kuo Insurance Company Limited, estimated IT spending by channel
The First Insurance Co. Ltd.
Budget overview
The First Insurance Co. Ltd., estimated spending on IT
The First Insurance Co. Ltd., estimated IT spending by channel
Taiwan Fire & Marine Insurance Co., Ltd.
Budget overview
Taiwan Fire & Marine Insurance Co., Ltd., estimated spending on IT
Taiwan Fire & Marine Insurance Co., Ltd., estimated IT spending by channel
Shinkong Insurance Company.,Ltd.
Budget overview
Shinkong Insurance Company.,Ltd., estimated spending on IT
Shinkong Insurance Company.,Ltd., estimated IT spending by channel
Appendix
Methodology
Further reading
Disclaimer

LIST OF FIGURES
Figure 1: Top companies in the Taiwanese insurance industry, estimated spending on IT ($m), 2009–10
Figure 2: Top companies in the Taiwanese insurance industry, estimated spending by technology segment ($m), 2009
Figure 3: Top companies in the Taiwanese insurance industry, estimated spending on IT by channel ($m), 2009
Figure 4: Cathay Life Insurance Co., Ltd., estimated spending by IT segment ($m), 2009
Figure 5: Cathay Life Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 6: Cathay Life Insurance Co., Ltd., estimated spending on IT by channel (%), 2009
Figure 7: Cathay Financial Holdings Co., Ltd., estimated spending by IT segment (%), 2009
Figure 8: Cathay Financial Holdings Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 9: Cathay Financial Holdings Co., Ltd., estimated spending on IT by channel (%), 2009
Figure 10: Central Reinsurance Corporation, estimated spending by IT segment (%), 2009
Figure 11: Central Reinsurance Corporation, estimated spending by IT sub-segment ($m), 2009
Figure 12: Central Reinsurance Corporation, estimated spending on IT by channel (%), 2009
Figure 13: Union Insurance Co., Ltd., estimated spending by IT segment (%), 2009
Figure 14: Union Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 15: Union Insurance Co., Ltd., estimated spending on IT by channel (%), 2009
Figure 16: Chung Kuo Insurance Company Limited, estimated spending by IT segment, 2009
Figure 17: Chung Kuo Insurance Company Limited, estimated spending by IT sub-segment ($m), 2009
Figure 18: Chung Kuo Insurance Company Limited, estimated spending on IT by channel (%), 2009
Figure 19: The First Insurance Co. Ltd., estimated spending by IT segment (%), 2009
Figure 20: The First Insurance Co. Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 21: The First Insurance Co. Ltd., estimated spending on IT by channel (%), 2009
Figure 22: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending by IT segment (%), 2009
Figure 23: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 24: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending on IT by channel (%), 2009
Figure 25: Shinkong Insurance Company.,Ltd., estimated spending by IT segment (%), 2009
Figure 26: Shinkong Insurance Company.,Ltd., estimated spending by IT sub-segment ($m), 2009
Figure 27: Shinkong Insurance Company.,Ltd., estimated spending on IT by channel (%), 2009

LIST OF TABLES
Table 1: Definitions: IT segments and sub segments
Table 2: Definitions: channels
Table 3: Top companies in the Taiwanese insurance industry, estimated spending on IT ($m), 2009–10
Table 4: Top companies in the Taiwanese insurance industry, estimated spending by technology segment ($m), 2009
Table 5: Top companies in the Taiwanese insurance industry, estimated spending on IT by channel ($m), 2009
Table 6: Cathay Life Insurance Co., Ltd., IT budget estimates (%), 2009–10
Table 7: Cathay Life Insurance Co., Ltd., IT budget by estimated entity (as % of overall IT budget), 2009
Table 8: Cathay Life Insurance Co., Ltd., estimated spending by IT segment ($m), 2009
Table 9: Cathay Life Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Table 10: Cathay Life Insurance Co., Ltd., estimated spending on IT by channel ($m), 2009
Table 11: Cathay Financial Holdings Co., Ltd., IT budget estimates (%), 2009–10
Table 12: Cathay Financial Holdings Co., Ltd., estimated IT budget by entity (as % of overall IT budget), 2009
Table 13: Cathay Financial Holdings Co., Ltd., estimated spending by IT segment ($m), 2009
Table 14: Cathay Financial Holdings Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Table 15: Cathay Financial Holdings Co., Ltd., estimated spending on IT by channel ($m), 2009
Table 16: Central Reinsurance Corporation, IT budget estimates (%), 2009–10
Table 17: Central Reinsurance Corporation, estimated IT budget by entity (as % of overall IT budget), 2009
Table 18: Central Reinsurance Corporation, estimated spending by IT segment ($m), 2009
Table 19: Central Reinsurance Corporation, estimated spending by IT sub-segment ($m), 2009
Table 20: Central Reinsurance Corporation, estimated spending on IT by channel ($m), 2009
Table 21: Union Insurance Co., Ltd., IT budget estimates (%), 2009–10
Table 22: Union Insurance Co., Ltd., estimated IT budget by entity (as % of overall IT budget), 2009
Table 23: Union Insurance Co., Ltd., estimated spending by IT segment ($m), 2009
Table 24: Union Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Table 25: Union Insurance Co., Ltd., estimated spending on IT by channel ($m), 2009
Table 26: Chung Kuo Insurance Company Limited, IT budget estimates (%), 2009–10
Table 27: Chung Kuo Insurance Company Limited, estimated IT budget by entity (as % of overall IT budget), 2009
Table 28: Chung Kuo Insurance Company Limited, estimated spending by IT segment ($m), 2009
Table 29: Chung Kuo Insurance Company Limited, estimated spending by IT sub-segment ($m), 2009
Table 30: Chung Kuo Insurance Company Limited estimated spending on IT by channel ($m), 2009
Table 31: The First Insurance Co. Ltd., IT budget estimates (%), 2009–10
Table 32: The First Insurance Co. Ltd., estimated IT budget by entity (as % of overall IT budget), 2009
Table 33: The First Insurance Co. Ltd., estimated spending by IT segment ($m), 2009
Table 34: The First Insurance Co. Ltd., estimated spending by IT sub-segment ($m), 2009
Table 35: The First Insurance Co. Ltd., estimated spending on IT by channel ($m), 2009
Table 36: Taiwan Fire & Marine Insurance Co., Ltd., IT budget estimates (%), 2009–10
Table 37: Taiwan Fire & Marine Insurance Co., Ltd., estimated IT budget by entity (as % of overall IT budget), 2009
Table 38: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending by IT segment ($m), 2009
Table 39: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending by IT sub-segment ($m), 2009
Table 40: Taiwan Fire & Marine Insurance Co., Ltd., estimated spending on IT by channel ($m), 2009
Table 41: Shinkong Insurance Company.,Ltd., IT budget estimates (%), 2009–10
Table 42: Shinkong Insurance Company.,Ltd., estimated IT budget by entity (as % of overall IT budget), 2009
Table 43: Shinkong Insurance Company.,Ltd., estimated spending by IT segment ($m), 2009
Table 44: Shinkong Insurance Company.,Ltd., estimated spending by IT sub-segment ($m), 2009
Table 45: Shinkong Insurance Company.,Ltd., estimated spending on IT by channel ($m), 2009