Top 10 Companies In Canada Insurance Industry: It Spending Predictor 2010

Share: This databook provides estimates of IT spending for the top 10 companies in the Canadian Insurance industry
. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.
Scope
*The top 10 companies in the Canadian insurance sector in terms of IT spending
*A breakdown of the estimated IT budget by technology for each of the top 10 companies
*A breakdown of the estimated IT budget by channel for each of the top 10 companies
*Details of IT services contracts by company where available
Highlights
The top 10 companies in the Canadian insurance industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 29% of the IT budgets among these firms. This was followed by spending on hardware and software.
Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 24% of the total estimated IT spending by these companies. Power Corporation of Canada remained the leading company in terms of IT spending, followed by Great-West Lifeco Inc. and Manulife Financial Corporation.
Reasons to Purchase
*Gain insight into IT budget breakdown of top10 companies in Canadian insurance industry and identify notable areas of allocation
*Identify organizations with top IT expenditures in your target markets
*Leverage IT spending pattern information to tailor account targeting based on company demographics
Table of Contents :
OVERVIEW 1
Catalyst 1
Summary 1
TABLE OF CONTENTS 2
LIST OF FIGURES 5
LIST OF TABLES 7
INTRODUCTION 11
Reasons to purchase 11
Definitions 11
CANADIAN INSURANCE INDUSTRY: ESTIMATED SPENDING ON IT 14
Overview 14
Estimated spending by technology segment 16
Estimated IT spending by channel 18
POWER CORPORATION OF CANADA 20
Budget overview 20
Power Corporation of Canada, estimated spending on IT 21
Power Corporation of Canada, estimated IT spending by channel 25
GREAT-WEST LIFECO INC. 27
Budget overview 27
Great-West Lifeco Inc., estimated spending on IT 28
Great-West Lifeco Inc., estimated IT spending by channel 32
MANULIFE FINANCIAL CORPORATION 34
Budget overview 34
Manulife Financial Corporation, estimated spending on IT 35
Manulife Financial Corporation, estimated IT spending by channel 39
Manulife Financial Corporation, IT contracts 41
POWER FINANCIAL CORPORATION 45
Budget overview 45
Power Financial Corporation, estimated spending on IT 46
Power Financial Corporation, estimated IT spending by channel 50
THE GREAT-WEST LIFE ASSURANCE COMPANY 52
Budget overview 52
The Great-West Life Assurance Company, estimated spending on IT 53
The Great-West Life Assurance Company, estimated IT spending by channel 57
Great-West Life Assurance Company, IT contracts 59
CANADA LIFE FINANCIAL 61
Budget overview 61
Canada Life Financial, estimated spending on IT 62
Canada Life Financial, estimated IT spending by channel 66
Canada Life Financial, IT contracts 68
THE MANUFACTURERS LIFE INSURANCE COMPANY 70
Budget overview 70
The Manufacturers Life Insurance Company, estimated spending on IT 71
The Manufacturers Life Insurance Company, estimated IT spending by channel 75
THE CANADA LIFE ASSURANCE COMPANY 77
Budget overview 77
The Canada Life Assurance Company, estimated spending on IT 78
The Canada Life Assurance Company, estimated IT spending by channel 82
SUN LIFE FINANCIAL INC. 84
Budget overview 84
Sun Life Financial Inc., estimated spending on IT 85
Sun Life Financial Inc., estimated IT spending by channel 89
Sun Life Financial Inc., IT contracts 91
ALBERTA TEACHERS' RETIREMENT FUND BOARD 95
Budget overview 95
Alberta Teachers' Retirement Fund Board, estimated spending on IT 96
Alberta Teachers' Retirement Fund Board, estimated IT spending by channel 100
APPENDIX 102
Methodology 102
Further reading 103
Disclaimer 104
For more information please visit :
http://www.aarkstore.com/reports/Top-10-Companies-in-Canada-Insurance-Industry-IT-Spending-Predictor-2010-61644.html
by: Aarkstore Enterprise
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