NU Online News Service, Jan. 19, 3:54 p.m. EST
Faced with the continuation of a soft market in 2010, 93 percent of insurance carriers surveyed are increasing their investment in automation technologies to improve operational efficiency, according to a recent survey.
Stamford, Conn.-based IVANS Inc., which conducted the survey, said that adoption of technologies that streamline transactions between insurance carriers and agents will continue to grow in 2010, as carriers look for ways to maintain profitability in a sluggish economy.
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