Celent annually surveys insurance company CIOs to determine the pressures, priorities, and practices they face for the coming year. This year's report covers two topics: selected results from the 2013 CIO survey, and how CIOs enable innovation in their companies.

In the report, “2013 North America Insurance CIO Survey: Pressures, Priorities, and Innovation,” Celent describes the range of IT budgets as a percentage of premium, year over year changes in IT budgets, and three strategies for core system replacements. The report also describes how CIOs are dealing with the four levels of Celent's Innovation model: perception; analysis; process, decisions, and experience; and results.

“Insurers who view innovation as integral to their business are focused on creating the right organization for identifying and deploying innovative projects,” says Chuck Johnston, research director with Celent's Insurance Group and coauthor of the report. “In many cases, these are IT-led initiatives, since technology is seen as an innovation enabler.”

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