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Thursday 24 October 2013

Information Technology, Innovation and the Insurance Industry

The "evangelists" of new technologies often overemphasize extremely high cost solutions, without understanding the economic facts and the specific requirements of each industry.

The insurance industry faces significant challenges due to the competitive environment, and the fluid regulatory and legislative framework.

Probably not everyone understands the core message, deciphering the deeper meaning of using technology with particular reference to business innovation.

Source: Article published by Constantine Kalentis at Insurance World Magazine, October 2013 Issue.