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Technology | 2008.09.16

Ward Group/FirstBest Survey: P&C Insurers See Strategic Value of Technology to Beat Soft Market; Forward-Thinking Carriers Will Increase Investments

Research firm The Ward Group and insurance software provider FirstBest Systems surveyed 75 property and casualty (P&C) insurance carriers. They found that carriers understand the value of strategic technology investments to improve underwriting and beat the soft market, but only 6% of the survey respondents indicated their companies would spend significantly more, i.e., increase spending more than 10% on technology for underwriting and related activities. (PRWeb Sep 16, 2008)

Read the full story at http://www.prweb.com/releases/2008/09/prweb1338724.htm

 

For more information, please visit
http://www.prweb.com/releases/2008/09/prweb1338724.htm

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