UK Total Life Insurance IT/Technology Expenses

Timeframe20222023202420252026
Total life insurance IT/technology expenses (billions)Maximum of two rows can be charted.
Deselect another chart icon to add this one.
– % changeMaximum of two rows can be charted.
Deselect another chart icon to add this one.

Source: eMarketer

Note: Exchange Rate; includes expenses by insurance providers for creation and maintenance of technology for their group or individual life insurance products; expenses include core systems maintenance, modernization, innovation, transformative technology, data processing, equipment, software, digital initiatives, compliance and cyber security, but does not include salary

Methodology: Estimates are based on the analysis of data from respective insurer corporate disclosures, reported and estimated non-interest expenses from major insurers, estimates from other research firms, historical trends, GDP trends, technology expense trends, and macro-level economic conditions.

Become a Client
Powerful data and analysis on nearly every digital topic.