How can insurance carriers avoid being “leapfrogged” by competitors who are leveraging technology to their advantage?
Carriers are worried about being left behind by their more technologically active competitors, Cynthia Saccocia, insurance research director for TowerGroup in Needham, Mass., said during an analyst panel discussion here last week at the ACORD LOMA Insurance Systems forum.
“The bar has been raised in technology,” she noted during the panel discussion on “Strategies, Technologies, and Your Future.”
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