Global Insurers Lack Commitment to Digital Ambitions
Ernst & Young survey finds insurers hindered by technology and culture; 70 percent spend less than 10 percent of business and development budgets on digital.
INN Breaking News, October 22, 2013
Global insurers have failed to take action and embrace the digital world, according to “Insurance in a digital world: The time is now,” a survey from Ernst & Young. According to the survey, almost 70 percent of respondents spent less than 10 percent of their business and IT development budgets on digital initiatives.
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