Insurance Software Deal Trends 2010: A clearer picture of the software market during the past two years
Celent’s annual North American Insurance Software Deal Trends reports will be published in late May 2010. These reports, one focused on Life/Annuity/Health and one on Property/Casualty, examine over 2000 North American insurance software deals inked in 2008 and 2009. Our analyses conclude that insurance software buying patterns over the last two years look different than prior to 2008. An in depth analysis of software buying trends and of the impact of the down economy on vendors and insurers alike provides keen insight into what happened during the Great Recession and where insurance companies are choosing to spend their IT dollars. Keep an eye out for these reports!