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  5. Insurance in France 2014: Business and IT Priorities

Insurance in France 2014: Business and IT Priorities

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31 March 2014
Nicolas Michellod

Abstract

In a difficult market, French insurers have different views on projects they want to prioritize for the next three to five years.

In the report Insurance in France 2014: Business and IT Priorities, examines business priorities, IT initiatives and spending, and other IT-related topics in the French insurance industry. The report particularly looks at French insurers’ initiatives in four domains including digital transformation, system transformation, outsourcing, and innovation.

“Digital transformation is a major project driver nowadays. Many French insurers will continue prioritizing this topic since only a low number of insurers have achieved a high level of digitization,” says Nicolas Michellod, Senior Analyst with Celent’s Insurance Group and author of the report. “Data-related technologies will gain importance among French insurance companies in the near future.”

This report looks at IT investment plans and priorities for French insurers in 2014. Selected topics such as the recent evolution of the French insurance market, business focus, IT projects, budgets, and spending estimates are described in the context of digital and system transformation, outsourcing, and innovation as well as analytics.

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