Gartner Research

Market Trends: Insurance Vertical-Specific Software

Published: 28 June 2011

ID: G00214000

Analyst(s): Marianne D'Aquila , Derry Finkeldey

Summary

While insurers' overall IT budget increases were modest in 2011, the outlook for insurance vertical-specific software is robust, particularly for policy management and distribution. The "megatrends" of mobility, social software and cloud are all having their impact.

Table Of Contents
  • Overview

Trends in the Market

Market: The Market for VSS Is Dominated by Non-health Insurance

Buyers: The Mentality of Insurance IT Buyers Is Weighed Toward Software Components Over Suites

Western Markets Continue to Dominate the Insurance VSS Market

Insurance Industry Solution Map

Vendors to Watch

  • Distribution
    • Thunderhead
  • Underwriting/Rating/Pricing
    • Valen Technologies
  • Core Systems
    • Guidewire Software
    • eBaoTech

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