CIOs at French insurance companies are operating under tighter budget constraints than their American and U.K. counterparts, a new report from Celent finds.

The report, “Insurance in France 2011: The CIO Perspective,” found that in 2011 a French general insurer will spend on average a bit more than 3% of premium on IT, and a life insurer will spend 2%, less than U.S. and UK insurers.

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