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  5. Insurance in France 2013: The CIO Perspective

Insurance in France 2013: The CIO Perspective

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26 February 2013
Nicolas Michellod

Abstract

Since the financial crisis, the evolution of the French insurance market has been erratic, and, although the general insurance sector growth has been relatively constant, the life insurance sector has experienced ups and downs.

In the report Insurance in France 2013: The CIO Perspective, Celent looks at IT investment plans and priorities for French insurers. Selected topics such as the recent evolution of the French insurance market, business focus, IT initiatives, IT budgets, and spending estimates are also covered in the report.

“French insurers are embracing mobile technologies in order to gain process efficiency, and their initiatives around mobility aim mainly at improving new business submissions,” says Nicolas Michellod, Senior Analyst with Celent’s Insurance Group and author of the report, “However, they are still reluctant to leverage open source data from social networks and other Internet sources to support core business activities,” he adds.

Trends discussed in this report reflect Celent’s experience of the market based on ongoing discussions with the industry and, specifically, deep interviews with a dozen CIOs at the end of 2012 and the beginning of 2013. The interviews covered business and IT priorities for 2013 as well as details around changes to budgets, IT initiatives, and attitudes towards key business preoccupations and responses given in terms of information technology investments.

This 28-page report contains 10 figures and three tables.

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