North American Insurance Software Deal Trends
Abstract
Insurance deal activity slowed by low growth projections in the segment.
In a new report, North American Insurance Software Deal Trends 2012, Life/Annuity/Health Edition,
The report breaks down deal activity by carrier size, type of deal, four broad metacategories (core processing, distribution, infrastructure and financial, and document/content management), and a number of subcategories. Data from previous Deal Trends reports are used to look at longer-term trends, and leading vendors for each metacategory are identified.
Based on vendor-provided data, the report also names leaders in the Celent Traction Index, which is an indicator of which companies are finding success in the insurance vertical.
View chart here: (http://www.celent.com/system/files/deallife.jpg)
"The general economic conditions of 2011 were clearly represented in the life and annuities deal data," says
"Our 2012 Deal Trends report shows that insurers have created long-term relationships with their software vendors. Again this year, we see insurers purchasing the majority of their software from vendors with whom they already have a relationship," says
See table of contents here: (http://www.celent.com/reports/north-american-insurance-software-deal-trends-lifeannuityheath-edition)
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Copyright: | (c) 2012 Targeted News Service |
Source: | Targeted News Service |
Wordcount: | 329 |
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