Average P&C Insurer to Spend $17.5 Million on Claims Modernization

Insurers plan on seeking growth through claims upgrades over the next three years.

November 15, 2012

Chris McMahon

P&C casualty claims executives in the United States anticipate spending, on average, $17.5 million over the next three years to upgrade and modernize their claims functions, according to “North American Claims Investment Survey: A Foot in Today, a Leap into Tomorrow for P&C Claims Functions,” a survey of claims executives by Accenture.

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