Is your company getting the most out of the technology tools that are available throughout the enterprise? Most people wouldn’t want to admit publicly to such a problem, but a number of insurance professionals in Europe apparently don’t believe they are getting the value they deserve from their technology.

In a survey conducted by Clear Path Analysis, 85 percent of European insurance risk professionals surveyed report that as they prepare for the coming of Solvency II–Europe’s new regulatory requirements for the insurance industry–they are underutilizing insurance technology.

Seventy-four percent of those insurers surveyed believe one of their priorities needs to be the ability to rationalize which operation areas technology systems must address.

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