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World Insurance Report

More bang for your technology buck

In a world where capital is scarce, what should insurers do about their information technology budgets? Can they really afford to cut it? Patrick Molineux, head of market development and marketing at software and technology services firm, CSC, explore eight key actions that insurers can take now to maximize their technology spend

One of many questions, albeit not the most significant, that the financial crisis is posing is how to make more efficient and effective use of technology. Many insurers need to balance driving down cost quickly while at the same time improving or at least maintaining key competitive differentiators like customer service and new product introductions.

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