External benchmarking data is an important tool for insurer CIOs in both self-assessment and communication with senior business management. Benchmarking is the subject of a new report from Novarica, “U.S. Insurers IT Benchmarks: IT Supply and Demand” written by Matt Josefowicz, director, insurance, for the research and advisory firm.

Benchmark data can provide support for spending and budgeting decisions, explains Josefowicz, and can highlight potential areas of concern that may not be noticeable without external reference points.

The Novarica report presents an analysis of responses to the Novarica insurance technology research council’s quick benchmarking poll, which takes a supply and demand approach to IT rather than focusing exclusively on spending levels.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



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 © 2022 ALM Global, LLC. All Rights Reserved.