4 2014 EY US life insurance-annuity outlook technology and cultural constraints. Although 40% of respondents indicated they had senior management support and a digital sponsor within the C-suite, 68% of life-annuity respondents acknowledged spending less than 10% of their business and IT development budgets on digital initiatives.
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It requires a corporation to think differently about industry standards and accept. They want leaders that are proactive about informing them of what’s upon the horizon so they can prepare.
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