The Market Dynamics of Document Management: Report Published by Celent

The role of insurance is to leverage existing information to make the right decisions and communicate efficiently with clients and business partners. Document automation is a crucial element because it allows insurance companies to transform data into information.

Zurich, Switzerland, September 13, 2010 – In a new report, The Market Dynamics of Document Management, Celent explores insurer views on document management and identifies five trends that require specific attention. It analyzes the findings of an online survey launched by Celent in June 2010.

�The growing importance of new communication and distribution channels forces insurers to rethink the way they interact with existing and potential clients and business partners,� says Nicolas Michellod, Senior Analyst with Celent�s Insurance Group and author of the report. �Insurers tend to deal with complex internal structures and multiple document composition engines. This situation negatively affects document and communication management processes.�

This is the first of two reports Celent will publish in 2010 about document management in insurance. It reviews different aspects of document automation and management.

This 32-page report contains 15 figures and three tables.
A table of contents for this report is available online.

Members of Celent�s Property/Casualty Insurance and Life Insurance research services can download the report electronically here. Non-members should contact [email protected] for more information.

About Celent

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].