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Insurers to spend $185 billion on tech in 2017

April 24, 2017 | Chris Mcmahon |

Insurers plan to spend most of their technology budgets on data & analytics, cloud, and insurtech, according to new research from Celent.

Worldwide technology spending by insurers is slated to reach $185 billion this year, according to the researcher’s “IT Spending in Insurance 2017” report. That represents a two percent decrease year-over-year.

Read the source article at Digital Insurance

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