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P&C Insurance in Latin America 2019: The CIO Perspective

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30 July 2019

Latin American P&C insurers continue in their quest to be more digital and to become a source of innovation.

Key research questions

  • What are the drivers of IT investment for P&C Latin American insurers?
  • What is the planned level of activity by P&C Latin American insurers regarding IT?
  • What is the expected IT investment by P&C Latin American insurers?

Abstract

In our 6th annual review of CIO priorities and projects for Latin American insurers in P&C. Celent aims to answer: 1) What are the drivers of IT investment for Latin American insurers? 2) What is the planned level of activity regarding IT? and 3) What is the expected IT investment by Latin American insurers?

The objective of this report is to review current business trends facing the P&C market and how they are driving IT investment and strategies.

Latin America is a large, diverse marketplace containing economies and insurance markets with significantly different sizes and levels of maturity. Due to the diversity of the Latin American insurance market, some trends discussed in this report may not apply to individual countries.