Other notable trends include:

Competitor information and business trends highly regarded when looking at analyst research
Use of analyst with strategic planning and business trends
Free industry information, vendor analysis, and original research found most useful to make decisions
Strategy and planning group primarily leads the carrier-analyst relationship
Vendor profiles, original thought research, and consulting are the most significant sources from analysts' advice
Recommendations and research papers have most influence on business strategy
Analyst opinions are weighed against other research when evaluating options in vendor or technology decisions
Analyst information is used primarily for support strategy and support initiatives

"We are excited to complete our first review of the analysts that serve the insurance and insurance technology industry. The review confirms there is value in their research, but brings to light the importance of balancing information from multiple sources when making strategic decision," says Frank Heaps, managing director of Innovation in Insurance. "The 2011 Analyst Survey demonstrates who has relationships with analysts, what they look for in analyst research, the usefulness and influence of information specific to analysts, and notification of information needed by carriers in the future. These trends display the needs of the industry and who has established valuable advice." To find the complete survey analysis, please visit www.innovationininsurance.com to download.

Special Reports /

Student Program Rates Insurance Industry Analysts

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