Insurers Share of IT Outsourcing Market Increased
In 2012, the overall market declined however, as did contract values and duration, according to an Everest Group report.
INN Breaking News, January 7, 2014
The number of information technology outsourcing transactions was flat in 2012 and total contract value declined 25 percent in the banking, financial services and insurance industry. However, the share of those deals in the insurance space increased 35 percent compared to the prior year, according to a report from Everest Global Inc.
All Insurance Networking News articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, podcasts, e-books, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders and developing trends.