Analyst Believes the Worst Might Be Over for Insurers

As they keep a finger on the pulse of the insurance and technology markets, at least one of the analysts participating in a Tech Decisions Web seminar believes insurers may be turning the corner in this struggling economy as we enter the second half of the year.

“What we see in the results of our second quarter study is the consensus seems to be the worst is over,” said Craig Weber, senior vice president with Celent.

Weber was one of three industry analysts taking part in the Web program “State of the Market: Where We Are, Where We’re Going.” Joining him were Matt Josefowicz, director of the insurance practice at Novarica, and Maurice DiMeo, a partner with Ernst & Young.