In a new report, "Is the Crisis Easing? Update on Q2 Insurance Industry Expectations and Strategies," Celent surveyed insurers and vendors to ascertain their views of the credit crunch. The survey also examined the available levers for any business--budgets, staffing levels, and strategies--and how these are being used.

Celent reports respondents are confident their companies are doing the right things to provide jobs, compete effectively, deliver on strategies, and succeed in both the long and short term.

"There is one area of exception," notes Catherine Stagg-Macey, senior insurance analyst and coauthor of the report. "Respondents were slightly less confident this quarter about their company being able to provide a job."

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