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The insurance industry has a long, established tradition of changing slowly. Yet, it must function in a world that is shifting at lightning speed as technologies that focus on information and communication converge and become incredibly powerful.

Insurers must find new ways to capitalize, cope, and keep pace. A large share of the responsibility for success sits squarely on the shoulders of the CIO. Fortunately, the alternatives for building and assembling information technology capabilities are increasing and providing new ways to execute strategies.

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