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COVID-19 Recovery in the Life Insurance Sector

Market Analysis

by John Willmott

published on Nov 03, 2021

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Report Overview:

NelsonHall’s analysis of the Impact of COVID-19 on the  Life Insurance Sector consists of 11-pages. The report focuses on COVID-19 recovery on Capital Markets sector globally.

 

Who is this Report for:

NelsonHall’s “COVID-19 Recovery in the Life Insurance Sector” report is a survey of CFOs in life insurance enterprises to ascertain the extent and nature of their recovery from COVID-19. In particular, the report identifies their strategic priorities and digital transformation initiatives together with their expected change in spend on BPS, operational transformation, and IT services. The report is designed for:

  • Vendor marketing, sales and business managers wishing to understand the impact of COVID-19 recovery on life insurance enterprises’ operations transformation and BPS activity
  • Life insurance enterprises interested in understanding the nature of COVID-19 recovery among their peers
  • Financial analysts and investors specializing in the services sector, looking to understand the impact of COVID-19 recovery on IT and BPS services.

Scope of this Report:

The report analyzes the worldwide extent of the COVID-19 recovery in life insurance enterprises and addresses the following questions:

  • By what percentage will each functional budget be impacted over the next 12-months?
  • What are the strategic priorities and digital transformation initiatives planned by life insurance enterprises over the next 12-months?
  • What change is expected in business process services spend over the next 12-months?
  • What change is expected in operational transformation spend over the next 12-months?
  • What change is expected in IT services spend over the next 12-months?
  • What impact will operational transformation have on shoring strategies?

Key Findings & Highlights:

NelsonHall’s market analysis of COVID-19 Recovery in the Life Insurance Sector consists of 11-pages. The report focuses on the identification of strategic priorities and digital transformation initiatives together with forecast changes in functional budgets, BPS spend, operational transformation spend, and IT services spend over the next 12-months.

This report is one of a series of detailed individual sector reports being published by NelsonHall.

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