Tuesday 04 October 2022

*NEW RESEARCH* Insurance Sector SITS Trends & Forecasts 2022

InsuranceReportDuring 2021, SITS expenditure within the UK insurance sector grew strongly as insurers invested in a variety of business and technology initiatives. The widespread appetite for modernisation and operational change, combined with a desire for improved data efficacy, contributed to an almost unprecendented increase in spend.

Despite the current parlous state of the UK economy, increased investment is expected across the sector, as insurers look to transform their operations via the adoption of technology-based approaches. For those vendors with the most in demand offerings, forecasts through to 2025 continue to paint an encouraging picture.

Insurance Sector SITS Trends & Forecasts 2022 explores the major business and technology trends impacting the sector and provides detailed forecasts for expenditure through to 2025.

Subscribers to TechMarketView's FinancialServicesViews research stream can download this report now. If you are a SITS vendor or active in the UK insurance sector, this report provides essential reading.

If you do not currently have access to this report but would like to learn more about this, or any other of our financial services content, please contact Deb Seth for more information.

Posted by Jon C Davies at '13:20' - Tagged: insurance