An SMA Research Report
Author(s): |
Neil Rekhi, Guest Author |
Deborah M. Smallwood, Senior Partner |
Publication Date: July 24, 2013
Number of Pages: 20
Price: $1,495.00 USD
SMA believes that market intelligence is critical for both insurers and solution providers. These insights are essential for strategy and planning. Today, there are numerous internal and external factors that are influencing and shaping the US Property and Casualty (P&C) insurance industry. These factors shift, meld, and morph over time, creating a variety of challenges and opportunities. SMA continually tracks and monitors the directions – analyzing their effects on business strategies and decisions, and examining how they are impacting solution and technology choices and investment levels.
In this 3Q2013 WatchPoint report, SMA has identified nine P&C WatchPoints that have significant implications for technology investments in today’s marketplace environment. Included are three macro-level trends that stretch across all lines of P&C business, three trends that have implications for personal lines, and three impacting commercial lines. For each WatchPoint, key financial metrics and business implications are highlighted and examples of how insurers are responding with technology investments are cited.
The information and insights contained in the SMA Marketintel Industry and Insurer Insights Research Series have been derived and synthesized from secondary research and SMA’s extensive experience in working directly with the many various participants in the insurance industry. SMA regularly tracks public sources of industry data and information including media coverage, insurer analyst report calls and transcripts, annual reports, 10-K filings, financial statements, and other industry news. This information coupled with SMA’s deep and broad experience in insurance and technology set the content for this report.
