Property/casualty and life/health insurers’ software buying continued at a slow pace between 2009 and 2010, reports Celent, a Boston-based financial research and consulting firm.

According to a new Celent report, “North American Insurance Software Deal Trends 2011: Life/Health/Annuity and Property/Casualty Editions,” insurers continue on with extended decision times, with a slowdown in the number of closed deals.

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