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IT spending for property/casualty insurers is expected to increase by a strong margin–7.4 percent–according to the fifth annual joint IT spending survey conducted by Gartner and the Property Casualty Insurers Association of America.

This figure is well above the the 2009 figure from last year’s survey that forecast a spending increase of just 0.2 percent. This year’s survey predicts a revenue increase of 5.3 percent, which is in line with the 2009 figure.


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