A new set of reports from Celent analyzing software deal data from the last two years finds that distribution software sales spiked last year among P&C insurers, and that while insurance software sales overall remain sluggish, 2011 broke a three-year streak of decreasing overall sales.
Celent states that the 6-percent uptick in purchases among all insurers last year reflects the marginal growth of the economy at-large, and that the increase was driven by life/annuity purchases.
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