Banking and Insurance Industry

Total assets of global banking industry is about hundred trillion in US $. Banking and Insurance industry was affected by financial crisis of 2008. The crisis began with the collapse of Lehman Brothers in the US, that rapidly spread all over the world resulting to great economic recession after post war era. The credit crunch and liquidity situation further worsen the market resulting to volatile market condition. Government and central banks all over the world took necessary steps to save global economy and market condition.

Global banking and insurance industry is expected to recover rapidly from current economic recession supported by the growth in emerging market economies. BRIC nations offer great potential to insurance industry due to their huge population.

Critical to success in the banking and insurance is the knowledge of market trends, product mix shifts, customer needs and effective market strategies. Our continuous networking with customers and competitors creates complete visibility thus helping our customers make confident business decisions.

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Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

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