Report Highlights

It has presented systematic arrangements in the Report of the Seventeenth Congress of the CPC for the strategic goals concerning how to build a well-off society in an all-around way and the requirements for the insurance industry has brought forward in it as well. The insurance industry needs to change its mode of development so as to constantly improve its competitiveness; it needs to deepen the function and roles of insurance so as to keep enhancing its ability to serve the overall economic and social development; and it needs to strengthen regulation so as to prevent and mitigate risks proactively.

The year 2008 is the first year in which the insurance industry implemented the strategic arrangements of the Seventeenth Congress of the CPC as well as the critical transitional year to carry out the planning for the insurance industry in the Eleventh Five-year Plan. Taking a broad view of the current situation, China's insurance industry is confronting with a new situation and is at the ever best stage in its development. Meanwhile, it is also under the impact of global financial crisis; however, there are more opportunities than challenges as a whole.

With the rapid development of the insurance market, insurance informatization construction has made significant progress and informatization has become the strong backup of the insurance industry in its scientific development and enhancement of competitiveness. In the recent ten years, insurance informatization construction has obtained significant achievements, but insurance informatization still has a lot of problems: it has not achieved high level of informatization as a whole and lacks funds and human resources; informatization governance has just started up and is hard to fit into the increasingly obvious tendency of comprehensive operations in this industry; there is weak awareness and ability in insurance technologies and innovation; the level of overall security in insurance information systems is not very high; and the capabilities for disaster recovery are rather low.

The 2008-2009 Annual Report on the Informatization Development of China's Insurance Industry released by us, will help insurance companies, IT providers and investors know more exactly about focuses and demands of informatization construction in China's insurance industry and provide suggestions and advice for them to better understand the market opportunities of insurance informatization:
* To summarize the development scale and market structure of the insurance industry in 2008, analyze the development features of this industry and emphasize on parsing the development status of some representative insurance companies to lay a foundation for summing up the demands of informatization.

* To examine the selected characteristics and application features of informatization of the insurance industry in 2008 from the perspectives of infrastructure, business systems, information resources, information security and IT management.
* To further analyze the drivers for the insurance industry informatization from various dimensions of policy, economy, society, technology and insurance business, summarize the demands of informatization in the future insurance industry and feel the pulse of IT application tendency of this industry.
* Evaluation of excellent solutions. To evaluate current mainstream solutions to the insurance information systems according to scientific criteria, enabling customers to understand optimal mainstream informatization solutions of insurance industry and providing reference to the informatization construction of insurance industry.