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“Addressing core [insurance] systems as well as systems that are peripheral to the core and taking them to the new world is a responsibility that is squarely on the CIO’s shoulders. 

It is imperative that CIO’s address the issue for the long-term sustainability of the organization as it has a direct impact on a few aspects: ease of doing business, time to market, eliminating non-value add activities in the information supply chain, and most importantly enhancing the data quality so that it can be mined for information. 

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