With the Nov. 9 announcement that LexisNexis was getting out of the insurance software business, the start of another merger-and-acquisition season has begun in the insurance software world. There has been more activity in 2011 than in 2010, and opinions vary over whether 2012 will be an even busier year.

Technology channel editor Robert Regis Hyle posed four questions to analysts Craig Weber of Celent, Deb Smallwood of Strategy Meets Action, and Chad Hersh of Novarica on the M&A market. Here's what they had to say.

PC360.com: M&A activity among insurance software companies seems to go in spurts and then dies down for a while. Can we expect that pattern to continue?

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