Insurers continue to invest in packaged insurance software solutions despite the poor economy, with deal flow actually improving as carriers look to cut expenses and keep up with the competition, a new study reveals.
“We might have suspected purchases would be down, but insurers are investing in software like never before, showing they are not entrenched due to the economic environment or financial crisis,” says Celent senior analyst Mike Fitzgerald, co-author of “Insurance Software Deal Trends 2010″ with Karen Monks.
“Competitors are not standing still–they are not pulling IT development and they are moving forward,” says Fitzgerald. 
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
