The old adage of "What, me worry?" isn't part of the lexicon of CIOs, CTOs and other senior level executives in charge of IT functions at life/health and property/casualty firms, according to a survey completed by Celent Communications Inc. in partnership with Insurance Networking News.Twenty executives from small, medium and large carriers paint a picture of insurance IT organizations in a double bind of diminished resources and increased demand this year and anticipated again in 2004.

Having to deal with constrained resources-such as shrinking budgets, cost containment pressures, and the pressure to deliver more IT projects-is the most often-cited management concern. Business/IT alignment, infrastructure, efficiency/productivity, and security rank second through fifth, respectively.

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