Average payback period for new tech investments in insurance businesses Russia 2019

Nearly 60 percent of surveyed insurance sector experts in Russia believed that investments in innovative technologies would yield results in an average term of three to five years. However, over one third of the polled revealed that payback could be observed from one to two years after the implementation of such technologies.

Expected payback periods for investments into new technologies in Russian insurance industry in 2019*

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Source

Release date

July 2019

Region

Russia

Survey time period

2019

Special properties

Insurance executives

Supplementary notes

* The source specified the following information:
"The expected shares were calculated based on KPMG analysis."

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Statistics on "Insurance market in Russia"

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