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IT Services No Longer Just Implementation Providers But Key Strategic Partners to Insurers, Says Aite-Novarica Group


IT Services No Longer Just Implementation Providers But Key Strategic Partners to Insurers, Says Aite-Novarica Group

IT services partners can offset the skills gap in resourcing; Aite-Novarica Group profiles 42 IT services providers for insurers in latest Vendor Analysis Report 

IT services partners are no longer just implementation providers for insurers; they can be key strategic partners. With new realities like the COVID-19 pandemic, the Great Resignation, and talent shortages for technical resources, insurers are realizing the value of IT services partners in freeing up valuable internal resources. 

In a new Impact Report, IT Services Providers for Insurers: Vendor Analysis Report, research and advisory firm Aite-Novarica Group provides an overview of the current marketplace of IT services providers for insurers, including both ongoing application development and maintenance (ADM) services and project-based services, as well as profiles the capabilities of 42 providers. 

“IT services partners can help in areas like bolstering competitive advantage and new capabilities, driving operational efficiency, increased capacity, and legacy modernization,” said Carey Geaglone, Senior Principal at Aite-Novarica. “However, the reality of the current market is that no provider has an unlimited amount of the most in demand technical resources.” 

“Choosing a partner is highly individualized,” adds John Keddy, Senior Principal at Aite-Novarica Group and co-author of the new report. “The type of partner an insurer selects is highly dependent on individual insurer requirements. High-level factors like compliance capabilities, costs, and administration are typically a good place to start.” 

preview of the report is available online, and desk copies are available to qualified media. Please contact [email protected] or call Kaitlyn Labbe at +1.857.327.9442 for more information.

About Aite-Novarica Group:
Aite-Novarica Group is an advisory firm providing mission-critical insights on technology, regulations, strategy, and operations to hundreds of banks, insurers, payments providers, and investment firms—as well as the technology and service providers that support them. Comprising former senior technology, strategy, and operations executives as well as experienced researchers and consultants, our experts provide actionable advice to our client base, leveraging deep insights developed via our extensive network of clients and other industry contacts. Visit us on the web and connect with us on Twitter and LinkedIn.

Press Contact:
Kaitlyn Labbe
Public Relations
[email protected]