Asia-Pacific insurers are continuing to invest in IT, and CIOs have to carefully select their investments if they want to efficiently support their business operations. Asia-Pacific insurance CIOs are managing budgets and programs to address challenges around legacy system replacement and modernization, digital transformation, and innovation.
This Celent report examines business priorities, IT budget and spending, and initiatives being launched across Asia based around three major themes in insurance:
- Legacy and ecosystem transformation.
- Digital transformation.
- Innovation.