If the results of a survey of North American property/casualty insurers hold true, 2010 should be a year of growth for the industry, according to Deb Smallwood, founder of Strategy Meets Action (SMA).
Results from the survey conducted by SMA show three quarters of carriers surveyed believe their enterprise either will grow or sustain their position next year. "Insurers are really looking at growth strategies [for 2010]," said Smallwood. "They plan to spend aggressively on technology solutions."
Smallwood and two of her partners at SMA, Karen Furtado and Mark Breading, presented the results of the survey and their analysis in a Web seminar: "Riding the Wave: Insurer Technology Spending, Drivers, and Approaches for 2010 and Beyond." The Webinar was conducted by Tech Decisions and National Underwriter P&C.
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