The statistic shows the average IT spendings ratio of insurance companies as a percentage of premium from 2011 to 2016. In 2014, the insurance companies spent about 3.5 percent of their direct written premium on information technology.
Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016
Characteristic
IT spendings as share of premium
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Novarica. (September 21, 2015). Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/
Novarica. "Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016." Chart. September 21, 2015. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/
Novarica. (2015). Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/
Novarica. "Spending of Insurance Companies on It as a Percentage of Direct Written Premium from 2011 to 2016." Statista, Statista Inc., 21 Sep 2015, https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/
Novarica, Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016 Statista, https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/ (last visited July 22, 2024)
Spending of insurance companies on IT as a percentage of direct written premium from 2011 to 2016 [Graph], Novarica, September 21, 2015. [Online]. Available: https://www.statista.com/statistics/466989/it-spending-ratios-of-insurance-companies/