IT is continuing problem says report
Escalating IT costs are the biggest concern for insurance managers, according to a research report by Straight Marketing on behalf of esist Insurance Technology. The report claimed that because of cost over-run, failures to deliver on time and inability to manage immediate changes, insurers and brokers are falling behind in the race to exploit Internet based trading opportunities.
It added that uncertainty of final delivery price, ongoing maintenance charges and delivery time slippage are top of the list of insurance managers’ disquiets about IT. The confidential research was
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