In the now passing difficult marke...

In the now passing difficult market, insurers looking to save currency may consider cutting their information technology spending. However, insurers doing this may find a dollar saved is not a dollar earned.

Both goods and casualty and life insurers are placing a renewed emphasis upon expense reduction in 2003. P/C insurers are facing an accumulated history of underwriting losse reduc investment get backs and emergence of loss costliness issues such as asbestos and mold Life carriers are facing a significant small quantity in demand for variable proceedss acceleration of deferred acquisition expenses and increased customer sophistication putting significant squeezing on margins. These factors,