Celent's sixth annual survey of U.S. insurance chief information officers has revealed "an industry far from panicked and cautiously maintaining its course," despite a weakened economy, the Boston-based researcher said.

The survey took place in October and November 2008, just as the global financial crisis reached the insurance industry, said Celent. The survey report, "2009 U.S. Insurance CIO Survey: Pressures, Priorities, and Practices," highlights business issues and IT priorities reported by property-casualty and life-health CIOs.

Findings include allocation of resources for new initiatives, year-to-year changes in information technology budgets and the anticipated evolution of technology platforms over the next three years, said Celent.

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