It also states that in the third and fourth quarters of the year 2009, the M&A activity is really going to be renewed. Similarly, the activities of Ebix are going to accelerate during the year of 2010. This report has generated the attractive targets of acquisitions for the insurers, which are based upon the categories of their vendors.

Mathew Josefowicz, the head of Novarica's insurance practice is the co-author of this report. He has said that most of the deals, which are going to be made by the potential vendors, are going to range between $30m to $75m. And to predict major mergers and acquisitions are somehow hard, as it will be depended on the combination of the players of the portfolio.

According to him policy administration systems are among those specific areas, which are going to involve in major and significant merger and acquisition activities.