X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

By Steve Addair During these dynamic economic times, many Property & Casualty business partners are adjusting to shifting markets and thus demanding even more services from their IT departments. However, IT budgets are not able to keep pace with the increased demand. This article discusses how IT leaders can implement key strategies to provide for these evolving business needs while controlling expenditures.

As insurance products continue to become more commoditized, IT departments are pushed to provide features that can create competitive market differentiation. Property & Casualty companies now require more frequent rate changes, new product line rollouts, varied product distribution channels, agent and consumer web portals, and other creative IT initiatives without a commensurate increase in their budget.

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.