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Insurance technology spending in Mexico to 2013
Published on July 2009

                                                                                                          Report Summary

Introduction


This 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
industry


Highlights


Policy 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




                                                                                                          Table of Content

TABLE OF CONTENTS
OVERVIEW 1
Catalyst 1
Summary 1
INTRODUCTION 5



Insurance technology spending in Mexico to 2013                                                                              Page 1/4
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ReportLinker                                                                   and Market Statistics


Reasons to purchase 5
INSURANCE TECHNOLOGY SPENDING 8
Spend by business functions 8
Technology spend by location 12
LIFE INSURANCE TECHNOLOGY SPENDING 16
Spend by business function 16
Spending by location 20
NON-LIFE INSURANCE TECHNOLOGY SPENDING 24
Spending by business function 24
Spending by location 28
APPENDIX 32
Further reading 32
How to contact experts in your industry 32
Disclaimer 32


LIST OF FIGURES
Figure 1: Insurance industry, Mexico, technology spend by function ($m), 2007 8
Figure 2: Insurance industry, Mexico, technology spend by function ($m), 2008'13 10
Figure 3: Insurance industry, Mexico, technology spend by location ($m), 2007 12
Figure 4: Insurance industry, Mexico, technology spend by location ($m), 2008'13 14
Figure 5: Life insurance, Mexico, technology spend by function ($m), 2007 16
Figure 6: Life insurance, Mexico, technology spending by function ($m), 2008'13 18
Figure 7: Life insurance, Mexico, technology spending by location ($m), 2007 20
Figure 8: Life insurance, Mexico, technology spending by location ($m), 2008'13 22
Figure 9: Non-life insurance, Mexico, technology spending by function ($m), 2007 24
Figure 10: Non-life insurance, Mexico, technology spending by function ($m), 2008'13 26
Figure 11: Non-life insurance, Mexico, technology spending by location ($m), 2007 28
Figure 12: Non-life insurance, Mexico, technology spending by location ($m), 2008'13 30


LIST OF TABLES
Table 1: Insurance business functions definitions 6
Table 2: Insurance lines of business definitions 7
Table 3: Insurance location definitions 7
Table 4: Insurance industry, Mexico, technology spend by function ($m), 2005'07 9
Table 5: Insurance industry, Mexico, technology spending by function ($m), 2008'13 11
Table 6: Insurance industry, Mexico, technology spending by location ($m), 2005'07 13
Table 7: Insurance industry, Mexico, technology spending by location ($m), 2008'13 15
Table 8: Life insurance, Mexico, technology spending by function ($m), 2005'07 17
Table 9: Life insurance, Mexico, technology spending by function ($m), 2008'13 19
Table 10: Life insurance, Mexico, technology spending by location ($m), 2005'07 21
Table 11: Life insurance, Mexico, technology spending by location ($m), 2008'13 23
Table 12: Non-life insurance, Mexico, technology spending by function ($m), 2005'07 25
Table 13: Non-life insurance, Mexico, technology spending by function ($m), 2008'13 27
Table 14: Non-life insurance, Mexico, technology spending by location ($m), 2005'07 29
Table 15: Non-life insurance, Mexico, technology spending by location ($m), 2008'13 31




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Insurance technology spending in Mexico to 2013                                                                         Page 4/4

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Insurance technology spending in Mexico to 2013

  • 1. Find Industry reports, Company profiles ReportLinker and Market Statistics >> Get this Report Now by email! Insurance technology spending in Mexico to 2013 Published on July 2009 Report Summary Introduction This 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 industry Highlights Policy 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 $39.3m in 2007. Reasons to Purchase *Develop business strategies from spending pattern analysis within the insurance industry in Mexico *Design effective marketing and sales strategies by identifying key and fast growth segments within the insurance industry *Make informed business decisions through an understanding of the overall spending trends within the insurance industry in Mexico Table of Content TABLE OF CONTENTS OVERVIEW 1 Catalyst 1 Summary 1 INTRODUCTION 5 Insurance technology spending in Mexico to 2013 Page 1/4
  • 2. Find Industry reports, Company profiles ReportLinker and Market Statistics Reasons to purchase 5 INSURANCE TECHNOLOGY SPENDING 8 Spend by business functions 8 Technology spend by location 12 LIFE INSURANCE TECHNOLOGY SPENDING 16 Spend by business function 16 Spending by location 20 NON-LIFE INSURANCE TECHNOLOGY SPENDING 24 Spending by business function 24 Spending by location 28 APPENDIX 32 Further reading 32 How to contact experts in your industry 32 Disclaimer 32 LIST OF FIGURES Figure 1: Insurance industry, Mexico, technology spend by function ($m), 2007 8 Figure 2: Insurance industry, Mexico, technology spend by function ($m), 2008'13 10 Figure 3: Insurance industry, Mexico, technology spend by location ($m), 2007 12 Figure 4: Insurance industry, Mexico, technology spend by location ($m), 2008'13 14 Figure 5: Life insurance, Mexico, technology spend by function ($m), 2007 16 Figure 6: Life insurance, Mexico, technology spending by function ($m), 2008'13 18 Figure 7: Life insurance, Mexico, technology spending by location ($m), 2007 20 Figure 8: Life insurance, Mexico, technology spending by location ($m), 2008'13 22 Figure 9: Non-life insurance, Mexico, technology spending by function ($m), 2007 24 Figure 10: Non-life insurance, Mexico, technology spending by function ($m), 2008'13 26 Figure 11: Non-life insurance, Mexico, technology spending by location ($m), 2007 28 Figure 12: Non-life insurance, Mexico, technology spending by location ($m), 2008'13 30 LIST OF TABLES Table 1: Insurance business functions definitions 6 Table 2: Insurance lines of business definitions 7 Table 3: Insurance location definitions 7 Table 4: Insurance industry, Mexico, technology spend by function ($m), 2005'07 9 Table 5: Insurance industry, Mexico, technology spending by function ($m), 2008'13 11 Table 6: Insurance industry, Mexico, technology spending by location ($m), 2005'07 13 Table 7: Insurance industry, Mexico, technology spending by location ($m), 2008'13 15 Table 8: Life insurance, Mexico, technology spending by function ($m), 2005'07 17 Table 9: Life insurance, Mexico, technology spending by function ($m), 2008'13 19 Table 10: Life insurance, Mexico, technology spending by location ($m), 2005'07 21 Table 11: Life insurance, Mexico, technology spending by location ($m), 2008'13 23 Table 12: Non-life insurance, Mexico, technology spending by function ($m), 2005'07 25 Table 13: Non-life insurance, Mexico, technology spending by function ($m), 2008'13 27 Table 14: Non-life insurance, Mexico, technology spending by location ($m), 2005'07 29 Table 15: Non-life insurance, Mexico, technology spending by location ($m), 2008'13 31 Insurance technology spending in Mexico to 2013 Page 2/4
  • 3. Find Industry reports, Company profiles ReportLinker and Market Statistics Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 If you have any questions please visit http://www.reportlinker.com/notify/contact Order Information Please verify that the product information is correct and select the format(s) you require. Insurance technology spending in Mexico to 2013 Product Formats Please select the product formats and the quantity you require. Digital Copy--USD 895.00 Quantity: _____ Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: _____________________________ Last Name: __________________________________ Email Address: __________________________________________________________________________ Job Title: __________________________________________________________________________ Organization: __________________________________________________________________________ Address: __________________________________________________________________________ City: __________________________________________________________________________ Postal / Zip Code: __________________________________________________________________________ Country: __________________________________________________________________________ Phone Number: __________________________________________________________________________ Fax Number: __________________________________________________________________________ Insurance technology spending in Mexico to 2013 Page 3/4
  • 4. Find Industry reports, Company profiles ReportLinker and Market Statistics Payment Information Please indicate the payment method, you would like to use by selecting the appropriate box. Payment by credit card Card Number: ______________________________________________ Expiry Date __________ / _________ CVV Number _____________________ Card Type (ex: Visa, Amex…) _________________________________ Payment by wire transfer CrĂ©dit Mutuel RIB : 10278 07314 00020257701 89 BIC : CMCIFR2A IBAN : FR76 1027 8073 1400 0202 5770 189 Payment by check UBIQUICK SAS 16 rue Grenette – 69002 LYON, FRANCE Customer signature:   Please note that by ordering from Reportlinker you are agreeing to our Terms and Conditions at http://www.reportlinker.com/index/terms Please fax this form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 Insurance technology spending in Mexico to 2013 Page 4/4