Top 10 Companies in the US Insurance Industry: IT Spending Predictor 2009

Technology

Publication Date	August 2009
Publisher	Datamonitor
Product Type	Databook
Pages	89
ISBN Number	not applicable
Product Code	DAT15627

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Summary

Introduction

This databook provides insight into the top 10 companies in the US insurance industry in terms of their estimated IT spend.

Scope

Datamonitor's view of the top 10 companies in this sector and geography in terms of IT spending
A breakdown of the estimated IT budget by technology for each of the top 10 companies
A breakdown of the estimated IT budget by channel for each of the top 10 companies

Highlights

The top 10 companies in the US insurance industry in terms of estimated IT spending spent the largest portion of their IT budgets on hardware, a segment that accounted for about 32% of the IT budgets among these firms. This was followed by spending on software and services.

Among the top 10 companies, a major portion of IT spending is allocated to internal IT. External services include product vendors, local resellers, telcos, systems integrators and specialist outsourcers. Internal IT alone accounted for approximately 36% of the total estimated IT spending by these companies.

Reasons to Purchase

Understand the IT budget breakdown in various organization types and identify notable areas of allocation
Build lists of organizations with top IT expenditure in your target markets
Leverage IT spending pattern information to tailor account targeting based on company demographics

Content

Overview
- Catalyst
- Summary
Introduction
- Reasons to Purchase
- Definitions
- US INSURANCE INDUSTRY: ESTIMATED SPENDING ON IT
- Overview
- Estimated spending by technology segment
- Estimated IT spending by channel
American International Group Inc
- Budget overview
- American International Group Inc, estimated spending on IT
- American International Group Inc, estimated IT spending by channel
State Farm Mutual Automobile Insurance Co
- Budget overview
- State Farm Mutual Automobile Insurance Co, estimated spending on IT
- State Farm Mutual Automobile Insurance Co, estimated IT spending by channel
Metlife Inc
- Budget overview
- MetLife Inc, estimated spending on IT
- MetLife Inc, estimated IT spending by channel
State Farm Insurance Companies
- Budget overview
- State Farm Insurance Companies, estimated spending on IT
- State Farm Insurance Companies, estimated IT spending by channel
Prudential Financial Inc
- Budget overview
- Prudential Financial Inc, estimated spending on IT
- Prudential Financial Inc, estimated IT spending by channel
Allstate Corp
- Budget overview
- Allstate Corp, estimated spending on IT
- Allstate Corp, estimated IT spending by channel
Liberty Mutual Holding Co Inc
- Budget overview
- Liberty Mutual Holding Co Inc, estimated spending on IT
- Liberty Mutual Holding Co Inc, estimated IT spending by channel
Humana Inc
- Budget overview
- Humana Inc, estimated spending on IT
- Humana Inc, estimated IT spending by channel
Travelers Companies Inc
- Budget overview
- Travelers Companies Inc, estimated spending on IT
- Travelers Companies Inc, estimated IT spending by channel
Aetna Inc
- Budget overview
- Aetna Inc, estimated spending on IT
- Aetna Inc, estimated IT spending by channel
Appendix
Methodology
Further Reading
How to Contact Experts in Your Industry
Disclaimer
List of Figures
- Figure 1: Insurance services industry, US, spending on IT ($m), 2008 and 2009
- Figure 2: Insurance services industry, US, estimated spending by IT segment ($m), 2008
- Figure 3: Insurance services industry, US, estimated spending on IT by channel ($m), 2008
- Figure 4: American International Group Inc, estimated spending by IT segment, 2008
- Figure 5: American International Group Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 6: American International Group Inc, estimated spending on IT by channel, 2008
- Figure 7: State Farm Mutual Automobile Insurance Co, estimated spending by IT segment, 2008
- Figure 8: State Farm Mutual Automobile Insurance Co, estimated spending by IT sub-segment ($m), 2008
- Figure 9: State Farm Mutual Automobile Insurance Co, estimated spending on IT by channel, 2008
- Figure 10: MetLife Inc, estimated spending by IT segment, 2008
- Figure 11: MetLife Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 12: MetLife Inc, estimated spending on IT by channel, 2008
- Figure 13: State Farm Insurance Companies, estimated spending by IT segment, 2008
- Figure 14: State Farm Insurance Companies, estimated spending by IT sub-segment ($m), 2008
- Figure 15: State Farm Insurance Companies, estimated spending on IT by channel, 2008
- Figure 16: Prudential Financial Inc, estimated spending by IT segment, 2008
- Figure 17: Prudential Financial Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 18: Prudential Financial Inc, estimated spending on IT by channel, 2008
- Figure 19: Allstate Corp, estimated spending by IT segment, 2008
- Figure 20: Allstate Corp, estimated spending by IT sub-segment ($m), 2008
- Figure 21: Allstate Corp, estimated spending on IT by channel, 2008
- Figure 22: Liberty Mutual Holding Co Inc, estimated spending by IT segment, 2008
- Figure 23: Liberty Mutual Holding Co Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 24: Liberty Mutual Holding Co Inc, estimated spending on IT by channel, 2008
- Figure 25: Humana Inc, estimated spending by IT segment, 2008
- Figure 26: Humana Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 27: Humana Inc, estimated spending on IT by channel, 2008
- Figure 28: Travelers Companies Inc, estimated spending by IT segment, 2008
- Figure 29: Travelers Companies Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 30: Travelers Companies Inc, estimated spending on IT by channel, 2008
- Figure 31: Aetna Inc, estimated spending by IT segment, 2008
- Figure 32: Aetna Inc, estimated spending by IT sub-segment ($m), 2008
- Figure 33: Aetna Inc, estimated spending on IT by channel, 2008
- Figure 34: Research methodology
List of Tables
- Table 1: IT segments and sub segments
- Table 2: Channel definitions
- Table 3: Insurance services industry, US, estimated spending on IT ($m), 2008 and 2009
- Table 4: Insurance services industry, US, estimated spending by technology segment ($m), 2008
- Table 5: Insurance services industry, US, estimated spending on IT by channel ($m), 2008
- Table 6: American International Group Inc, IT budget estimates (%), 2008??