October 23, 2012 – The areas of the enterprise where P&C insurers expect to do the most work are BI and data analytics as well as agent/customer portals; life/annuity insurers are more focused on speed-to-market and ease of doing business, according to a new report from Novarica, titled “US Insurer IT Budgets and Projects for 2013.”
The strategic goals driving IT budgets are still growth, operational effectiveness and competitive parity, while the recession and compliance pressures, which spiked last year, fell back in line this year.
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