With increasing competition in today’s marketplace, insurers in Asia-Pacific are taking a closer look at the benefits of outsourcing technology, according to IDC Financial Insights' latest report.

The study, "Insurance Vendors: Spotlighting the Major Players in Asia/Pacific," says that insurers in Asia-Pacific have thus far been laggards in IT spending, but now see the down economy as a reason to create a more dynamic business framework through the assistance of technology.

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