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  5. Insurance in France 2015: Business and IT Priorities

Insurance in France 2015: Business and IT Priorities

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31 March 2015
Nicolas Michellod

Abstract

The French insurance market has gone through turbulent times following the financial crisis of 2008, but has experienced growth recently. French insurance companies are now investing in various initiatives in relation to digital transformation, legacy modernization, and business improvement.

In the report Insurance in France 2015: Business and IT Priorities, Celent examines business priorities, IT initiatives and spending, and other IT topics in the French insurance industry.

“Today French insurers consider digitization of processes, and notably opportunities to automate them, to be the cornerstone in their digital transformation strategy,” says Nicolas Michellod, a senior analyst with Celent’s Insurance practice and author of the report. “These initiatives span various business domains and systems where both digitization and analytics are closely related.”

This report looks at IT investment plans and priorities for French insurers in 2015. Selected topics such as the recent evolution of the French insurance market, business focus, budgets, digital transformation initiatives, core system replacement, innovation, and spending estimates are described.

This report contains two tables and nine figures.

Version française.

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