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Supporting strategic initiatives outpaces pure efficiency and cost reduction elements in terms of the highest goals among insurance industry CIOs. That’s the takeout from Novarica’s latest research report: “Creating Enterprise Value as CIO.”

Novarica polled CIOs on what they perceive to be the area of highest impact on the company as a technology leader and nearly half—45 percent—listed “supporting new strategic initiatives” as the top response.

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